Kylie enjoyed a similar deal when she made use of a $50m villa for her 19th birthday bash in the Turks and Caicos. While Kanye owns an apartment in New York it is believed that the home is too small for his growing family, which now includes two children.
Kim and nine month old Saint and three-year-old North will be staying in the free penthouse while Kanye travels across North America for his Saint Pablo Tour.
The luxury home boasts five bedrooms, six bathrooms, with floor to ceiling windows.
Kim is already keeping up her end of the deal as she shared a picture from the house with the caption:
'Just checked into our NYC penthouse. Thanks @airbnb for the gift of our home away from homeMore photos..