Rent a Boat to Live On: A How-To Guide

To most, living on a boat doesn’t sound like a dream come true. But for others, renting a boat and living on the open water provides a real sense of freedom you can’t get anywhere else. Plus, in many areas, doing so comes with a much lower price tag than apartments on land. There are various types of boats you can live on, all with different price tags and accommodations. 

Can You Rent a Boat to Live on?

• You can rent many different kinds of boats to live on, including sailboats, houseboats, catamarans, and more. 
• In rural areas, renting a boat can be less expensive than renting a land-based apartment. 
• You can find boats to rent through sites like GetMyBoat and Airbnb. 

What Types of Boats Are Suitable to Live Aboard?

Just like with land-based apartments, there’s a large variety of boat options you can choose from. Each has its own set of pros and cons you need to consider before making your final decision. 

Sailboats

Source: Unsplash

Sailboats are classic and romantic options to live aboard, providing a unique blend of freedom and a connection to nature. A sailboat relies on wind power, offering a sustainable and eco-friendly lifestyle for boat dwellers. The sailboat cabin space is often small but provides enough room for a few people. A sailboat is relatively easy to manage and provides easy sailing once you’ve had a few lessons. 

Powerboats

Source: Unsplash

Powerboats are ideal for those seeking a faster and more luxurious boating experience. These vessels run on engines, granting boaters the ability to cover greater distances in a shorter time while enjoying modern comforts. The living space in these is often suitable for a single occupant, as it’s even smaller than the living quarters in a sailboat. 

Houseboats

Source: Unsplash

Houseboats offer a unique combination of home-like comfort and the freedom to live on the water. These floating residences come with fully-equipped living spaces, making them an excellent choice for long-term boat living. Since houseboats provide the most amenities and are often located in cities, they’re the most expensive option you’ll find. But you pay for luxury. 

Trawlers

Source: Unsplash

Trawlers are sturdy and seaworthy boats designed for long-range cruising, making them well-suited for liveaboard lifestyle. These vessels prioritize comfort and efficiency over speed, offering a more leisurely boating experience. Think of a trawler as a fishing boat. They were designed for short-term travel and for the crew to live on while fishing or lobstering. Not necessarily in all areas, but in certain areas (particularly the Northeast), retired fishermen rent out these boats for professional and personal use, often at relatively low cost. 

Catamarans

Source: Unsplash

Catamarans are multi-hulled boats that offer stability, ample living space, and impressive cruising capabilities. Their twin-hull design provides a smooth and steady ride, making them an attractive choice for long-term living on the water. Expect catamarans to be in more Carribean places and expect to pay a high price tag to live in one. 

How to Rent a Boat to Live on

Renting a boat to live on can be an exciting and transformative experience, allowing you to embrace a unique lifestyle on the water. Here's an overview of the process:

• Choose the right boat: Before diving into the rental process, determine the type and size of the boat that best suits your needs and preferences. Consider factors such as living space, amenities, mobility, and the waters you intend to explore.
• Look through rental platforms and agencies: Utilize reputable boat rental platforms and agencies to find a suitable boat for living aboard. Websites and apps like GetMyBoat, Airbnb for boats, and local marinas often offer a wide range of options and provide essential information about each vessel.
• Carefully review the leasing agreement: Pay close attention to the terms, duration, costs, restrictions, and responsibilities of both the renter and you, the owner. 
• Get proper insurance coverage: Verify the insurance coverage provided by the boat owner and understand the extent of protection it offers during your stay. Additionally, consider acquiring your own renter's insurance to safeguard personal belongings and liabilities.
• Get the boat inspected: Before moving in, work out an agreement with the owner of the boat to get the boat inspected. This ensures it meets safety standards and is in good working condition. Also, familiarize yourself with safety equipment, emergency procedures, and any specific rules for living aboard.
• Understand how the utilities work: Clarify how utilities such as water, electricity, and waste disposal will be managed while living on the boat. Plan for provisioning and storing essential supplies to sustain your daily needs.
• Respecting the environment: Adhere to eco-friendly practices to minimize your environmental impact while living on the water. After all, certain water sources provide our drinking water. Properly dispose of waste, refrain from discharging harmful substances, and be mindful of marine life and protected areas.
• Comply with local regulations: Familiarize yourself with local boating and anchoring regulations, as they may vary from one area to another. Respect anchoring restrictions and maintain good relationships with neighboring boaters and communities.

Pros and Cons of Renting a Boat to Live on

Pros

• Flexibility and easy access to exploration: Renting offers the freedom to choose different boats and locations, enabling diverse nautical experiences and exploration.
• Lower upfront investment: Renting requires a smaller initial financial commitment compared to purchasing a boat outright. Plus, renting a boat can be cheaper than a land-based apartment or a house. 
• Minimal maintenance responsibilities: Rental boats are often well-maintained, reducing the money spent on upkeep and repair tasks. Plus, there’s no land to maintain. 
• Test the liveaboard lifestyle: Renting allows you to try out the liveaboard life without a long-term commitment, helping you determine if it suits your preferences.

Cons

• High long-term cost: Over time, rental expenses may surpass the cost of having your own boat, especially for extended periods.
• Limited personalization: Rental boats may have fewer customized features, limiting the extent of personalization.
• Availability challenges: Popular boats may have limited availability during peak seasons or in high-demand areas. Plus, there are fewer boat rentals in general compared to apartments. 
• Less investment potential: Renting does not offer the same investment potential or ownership equity as owning a boat outright.

Where are the Best Locations for Boat Living?

The best locations for boat living can vary depending on individual preferences, but here are some popular destinations — both abroad and within the U.S. — that offer exceptional experiences for those seeking to stay aboard a boat:

• The Florida Keys, USA: A tropical paradise offering warm waters, stunning coral reefs, and a vibrant boating community. The Keys provide an idyllic setting to live aboard year-round.
• San Francisco Bay Area, USA: Enjoy breathtaking views of the iconic Golden Gate Bridge and access to diverse coastal destinations in Northern California.
• Seattle, USA: If you can handle a little rain, boat living in Seattle provides all of the amenities of a major city while offering a lower price tag than many apartments. 
• Amsterdam, Netherlands: The picturesque canals of Amsterdam create a unique and charming atmosphere for living on a houseboat, providing a tranquil urban escape. Amsterdam is well-known for its boating community that houses Dutch natives and expats alike. 
• Tasmania, Australia: Experience untouched wilderness, remote anchorages, and captivating wildlife amidst Tasmania's pristine coastline. Just make sure you’re not afraid of the diverse ocean life that calls Tasmania home. 
• The Caribbean Islands: Crystal-clear waters, sandy beaches, and a laid-back lifestyle beckon boat dwellers to the Caribbean, with options ranging from the Bahamas to the Virgin Islands.

Where Do You Find a Rental Boat to Live on?

When it comes to finding a boat to live on, several options cater to diverse preferences and requirements. Online boat rental platforms and agencies like Boatsetter and Airbnb for boats offer a vast selection of boats available for short- or long-term rentals. 

Local marinas and yacht clubs often have bulletin boards or websites where boat owners advertise boats for rent. Additionally, attending boat shows or joining boating communities can connect individuals with boat owners looking for reliable tenants. 

How Much Does It Cost to Rent a Boat to Live on?

The cost of renting a boat to live on varies depending on the boat’s size, location, and the rental duration. Monthly costs can range from a few hundred to several thousand dollars or more, covering the boat rental fee, mooring or marina fees, insurance, utilities, provisioning, and boat maintenance. 

Additional expenses may include fuel if you plan to (and get permission to) move the boat, internet access, and potential repairs. 

Renting a Boat to Live on: Example of Typical Costs

Rental costs on boats differ all over the country and the world, but let’s break down an example so you can get an idea of the expenses you’ll pay should you choose to live aboard a boat:

• Boat rental fee: $1,000 to $5,000+ per month, depending on the size and type of the boat.
• Mooring or marina fees: $300 to $1,000 per month, varying by location and amenities offered.
• Insurance: $50 to $300 per month, depending on the coverage and value of the boat.
• Utilities (water, electricity, fuel): $100 to $300 per month, depending on usage and location.
• Boat maintenance and repairs: $200 to $500 per month, accounting for routine upkeep and occasional fixes.
• Internet access: $50 to $100 per month, if internet connectivity is required.
• Miscellaneous expenses: $100 to $300 per month, covering miscellaneous costs and entertainment.

As you can see, certain expenses (i.e. utilities) tend to be much lower living aboard a boat because they’re such small spaces. 

Is Renting a Boat to Live on Less Expensive Than an Apartment?

Renting a boat to live on can be more or less expensive than an apartment, depending on how fancy you’re looking to get. For small boats in more rural areas, you can find rentals for a few hundred dollars. Or, in cities with large, luxurious boats, you’ll pay thousands. 

While boat rental costs may vary, additional expenses like mooring fees, maintenance, and insurance all add up. However, some boat dwellers find it more cost-effective due to reduced utility bills and minimal materialistic spending. 

How do Renting and Owning a Boat Compare?

Renting and owning a boat come with two substantially different price tags and responsibilities. One is likely better for your specific situation than the other. Let’s look at the advantages and disadvantages of each.

Renting a Boat:

Advantages:

• Lower initial cost: Renting requires less upfront investment compared to purchasing a boat outright.
• Flexibility: Choose from various boat types and sizes, tailoring your experience to different locations and lifestyles.
• Minimal maintenance: Rental boats are typically well-maintained, reducing the burden of upkeep responsibilities.
• Test before commitment: Try out boat living without the long-term commitment or financial risks of ownership.
• Access to different boats: Enjoy the opportunity to experience a variety of boats over time.

Considerations:

• Cost over time: Long-term rental costs can surpass owning a boat, especially for extended periods.
• Limited personalization: Rental boats may have fewer customized features to suit your preferences.
• Low availability: Popular boats may have limited availability during peak seasons and in certain locations.

Becoming a Boat Owner:

Advantages:

• Personalization: Own a boat tailored to your specific needs and preferences, with the freedom to customize as desired.
• Strong long-term investment: With proper maintenance, a well-cared-for boat can retain value and serve as an asset.
• Frequent use: Enjoy unrestricted access to your boat for spontaneous adventures whenever desired.
• Familiarity: As you become intimately familiar with your boat, handling and maintenance become more intuitive.
• Home away from home: Your boat can become a cherished second home, offering familiarity and comfort.

Considerations:

• Large initial investment: Owning a boat entails significant upfront costs, including the purchase price, taxes, and registration. Boat loans can be a valuable option to consider.
• Ongoing expenses: Budget for mooring fees, insurance, maintenance, and other regular costs associated with boat ownership.
• Time commitment: Properly maintaining a boat requires time, effort, and a commitment to ensure its longevity.
• Depreciation: Boats may depreciate over time, impacting their resale value.
• Storage: Consider available storage options during off-seasons if not kept in the water year-round.

As you weigh the advantages and considerations of both options, carefully consider your budget, desired level of commitment, and how each choice aligns with your lifestyle and boating aspirations.

What is the Full-Time Boating Lifestyle Like?

Full-time boating life offers a captivating and liberating lifestyle, immersing individuals in the beauty of living on the water. As nautical nomads, boat dwellers experience a constant sense of adventure and exploration, waking up to ever-changing landscapes and breathtaking sunsets. 

Embracing minimalism, they prioritize experiences over material possessions, forging meaningful connections with nature and fellow boaters. Yet, full-time boating life demands adaptability and self-sufficiency, as residents navigate weather challenges, mooring logistics, and resource management. 

What Size Boat Should I Live On?

Choosing the right boat size for living aboard is crucial for comfort and enjoyment. Consider the following factors when determining the ideal boat size:

• Living space: Ensure the boat offers sufficient living space and storage for your needs. If you need a small living space, small boats are the most affordable. 
• Amenities: Assess the kitchen, bathroom, and leisure areas to match your comfort requirements.
• Budget: Find a size that aligns with your desired rent payment, maintenance costs, and mooring costs.
• Handling skills: Consider your boating experience to determine the appropriate size to handle confidently. That said, not all boats can be moved, so make sure this is outlined in your rental agreement. 
• Location: Living on a boat isn’t as uncommon as it used to be so communities are popping up in major cities filled with boat dwellers. Do you want to live in this type of community? Or would you prefer a quieter, less crowded dock? Smaller docks hold smaller boats but come with lower costs. 

What are the Legal Considerations for Living on a Boat?

Living on a boat involves certain legal considerations you don’t have to think about when renting an apartment on land. Important aspects to address include:

• Mooring and anchoring laws: Comply with regulations for parking or anchoring your boat. If you get permission to move the boat around frequently, research each location’s mooring policies. 
• Residency and address: Understand how boat living affects your legal residence and mailing address. You may have to get a P.O. box. 
• Boat registration: While this should be done by the boat owners, make sure the boat registration is up to date or else you may be kicked out by city officials. 
• Insurance requirements: Obtain appropriate insurance coverage for liveaboard boating. This likely includes renters insurance. 
• Environmental regulations: Adhere to eco-friendly practices and waste disposal rules, or else you could face a fine. 

Common Misconceptions About Living on a Boat

Living on a boat evokes a sense of adventure and freedom, but it’s not without its fair share of misconceptions, including: 

• You constantly travel: Not all boat dwellers are always on the move; some have fixed residences at marinas.
• It’s easy: Boat living involves maintenance and challenges, not just luxury and ease.
• You have endless freedom: Boating has limitations, including weather constraints and rules you must follow.
• It’s not comfortable living: Modern liveaboard boats can be comfortable and equipped with many of the same amenities as land living.
• It’s isolating: Boat living forms communities at marinas and anchorages, offering both solitude and connections.
• It’s not meant for every budget: Boat living can suit various budgets, not just the wealthy. In some ways, boat living is more affordable when done right. 
• It’s not a long-term Lifestyle: Boat living is not just a short-term adventure; it can be a lasting lifestyle choice.

Renting a Boat to Live On: Is It a Good Fit for Me?

Renting a boat to live on is an exhilarating lifestyle choice that appeals to a diverse range of individuals seeking an alternative to traditional land-based living. While it may not be for everyone, certain groups find this unique experience particularly well-suited to their preferences and aspirations:

• Digital nomads and remote workers who want to enjoy a serene and inspiring workspace with internet connectivity while exploring new destinations during leisure time.
• Adventurous retirees embracing an active and thrilling lifestyle, exploring coastal regions, and forming close-knit communities with other boaters in their retirement years.
• Environmentally conscious individuals looking to connect with nature and promote eco-friendly habits while reducing their ecological footprint.
• Sea lovers with a passion for the open water and a desire to immerse themselves in a marine lifestyle.
• Travel enthusiasts who relish the freedom to travel and explore diverse coastal destinations, constantly seeking new experiences on the water.

Final Word: Should You Rent a Boat to Live On?

If you rent a boat to live, this can lead to a unique and adventurous lifestyle. The experience of waking up to the gentle sway of the water, the freedom to explore new destinations, and the closeness to nature can create lasting memories and a sense of fulfillment like no other.

Living on a rented boat offers an opportunity to embrace minimalism, simplifying life to focus on what truly matters. It challenges individuals to adapt to a self-sufficient and resourceful lifestyle, fostering personal growth and resilience. 

However, it is essential to approach boat living with a realistic mindset. Renting a boat to live on requires thorough research, careful planning, and understanding the responsibilities that come with the boat lifestyle. Considerations such as boat size, amenities, maintenance costs, and marina regulations should be carefully evaluated to ensure a successful and enjoyable experience.