Month-to-month leases or subleases can be a great help to a person who is moving to a new area. They are valuable tool for a person looking for a place from afar or for a person who is unemployed or does not have a permanent job.
Month-to-month leases allow a person to live in a room or an apartment for a short amount of time without having to agree to a long-term lease, giving the person the flexibility they need to explore an area and find a more permanent place or to find a job. The risk is low compared to a year’s lease, because the person can simply end the lease whenever they decide it’s no longer working (given a month’s notice, usually).
Month-to-month leases are more commonly found in subleases and when renting rooms in a house. Rental agencies and apartment complexes usually only offer 6-month or year leases. If they do offer month-to-month leases, they are usually at a much higher rate.
For more information on finding an apartment, check out our article on the subject: Apartment Hunting in a Different City.