Relocating for an internship can be critical step in advancing your career. After securing an internship the stress and challenge of obtaining an affordable and safe place to live can take weeks if not months of planning and tasking. According to a recent NACE survey, 61.4% employers offer some sort of housing stipend for interns. In addition to a stipend, interns should talk to their internship sponsor, other interns and employees at the sponsor company to see if anyone knows of a room for rent or apartment share. Some college campuses will also sublease dorms to students from other colleges for the summer or 3 months.
In New York City we’ve seen several students temporarily relocate for internships and stay at organized facilities such as the 92Y Residence or utilize resources to identify rental opportunities of people that want to break a lease and sublease their apartment to someone else. Check out LeaseBreak.com for more information about this option, currently only available in NYC.
On a recent trip to California we spoke to several entry-level talents that mentioned the housing situation involves several students renting rooms in houses that are owned by investors. Couch surfing and room sharing is the standard for tech interns in Silicon Valley and San Francisco area due to high rents and minimal inventory. Many find these room shares on local Facebook group pages and often times pay lower rents than booking an Airbnb for a month.
International students relocating to the United States should consider using an internship service to assist with obtaining both internships and housing as visa rules, regulations and restrictions will need to be followed. In addition, guarantors are an important thing to consider when obtaining a lease from landlords in most locations. If you are considering a lease in the US and are visiting from another country, consider checking out Insurent.com for securing a guarantor for apartments that require a guarantor.