House Swapping: How This New Trend Can Save You Money on Travel

Young woman with a suitcase using her mobile phone while standing at lounge of her vacation home during a trip.
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The joys of travel often outweigh the costs, but imagine how much more relaxed you could be if you didn’t have to pay for lodging on vacation. With lodging costs running about $150 per night on average, according to Statista (and much higher depending on your location), you can end up spending a lot of money just to have a place to lay your head and your suitcase.

Instead, consider the benefits of doing a house swap, which can save you a lot of money.

What Is House Swapping?

So what does house swapping entail? Using a site like Love Home Swap, or maybe just doing some independent research, you find another resident in a place you’d like to visit and see if they’d like to stay in your home while you stay in theirs. There’s usually no cost associated with the swap, other than the normal upkeep of the home. This allows you to save money on lodging, and potentially have your home taken care of while you’re gone.

What Kinds of House Swaps Are There?

According to, there are a few different kinds of home swaps to consider, such as:

  • Simultaneous exchanges: This is probably the simplest, where each person or family simply vacations at the other’s home at the same time.
  • Non-simultaneous exchanges. In this case, people visit each other’s homes at different times; this may require having a second home or an alternate place to stay that you don’t have to pay for.
  • Points-based swaps: Some companies allow you to earn points every time you host a swap, which you can then redeem for a swap when you’re ready.
  • Hosted swaps: In this situation, you stay at a person’s house while they are still in residence, and they host you, like an informal bed and breakfast. You may not get as private of accommodations, and you will probably have to socialize, so this may not be for everyone.
Make Your Money Work for You

Choose a Legitimate Company

You probably don’t want to just reach out to random to people you don’t know very well for a house swap — instead, work with one of several companies that arrange these swaps, such as Home Exchange. Home Exchange charges an annual fee and has a network of over 100,000 homes. You could also try Holiday Swap, which has a similar number of users and listings.

Be Flexible

In order to find something that really works, you may have to be flexible in both destination and travel time, according to The Points Guy — especially if you’re swapping internationally. Seasons may not sync up and international travel can take a lot of planning.

Spend Time on Your Agreement

You may be so excited to vacation in an Irish castle or an ocean paradise that you hurry to agree to the details, but don’t be hasty, warns The Points Guy. Get clear on all the details: will you need your garden watered, or the garbage put out on a certain day? Make sure you think through everything that you’ll need to do — and get very clear on your responsibilities in your own side of the swap — before you book your airline tickets or gas up the car.

Reap the Savings

If you work out a home-swap vacation, figure out how much you would have spent on your lodging and any amenities that come with said swap (sometimes owners will offer up the use of a car, a pool or something athletic like a tennis court). By looking at the costs of local hotels, resorts and condos, you can figure out what you’re saving — the longer you stay, the more you save.

Make Your Money Work for You

According to USA Today, a dental hygienist who swapped her home in Lake Tahoe, California, and her car with a Chicago family through Love Home Swap saved more than $8,000 on not just lodging and rental car, but on food, as they were able to use the full kitchen to cook rather than eat out.

Be Smart

Of course, there are no guarantees. After you’ve interviewed the people you intend to swap with, you can only hope that they treat your home as they would their own. Having multiple upfront conversations is recommended, and sites like HomeLink offer up guidelines for a successful swap, with such tips as: describe your home honestly; leave it clean; clear away clutter and make space for your guests; get the terms of your exchange in writing; and leave your guests a welcome gift.

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Sam DiSalvo contributed to the reporting for this article.


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