The Pros and Cons of Renting a Furnished Space

Renting a fully-furnished space has pros and cons. Both are largely centered around money, such as moving expenses, security deposits, and furniture purchases. Keep reading for the list of pros and cons of renting a furnished space.

Furnished Versus Unfurnished Spaces

A furnished space is a space available for rent or lease that already has the necessary furniture for a living space, including living room furniture, a bed, kitchen table, etc. Appliances are typically included too. Fully-furnished spaces are most common in vacation homes and short-term properties. If you’re considering renting a furnished space, it’s important to note that the definition of “furnished” can vary from one landlord to the next — so, be sure you are clear on what comes with the space.

Unfurnished spaces, on the other hand, come with no furniture. You will have to supply all of your own furniture and sometimes appliances. Unfurnished spaces are typically apartments or houses for rent with 12-month leases. However, private owners leasing their properties sometimes leave their personal belongings, including sofas, beds, and dressers for their tenants’ convenience. Left-behind furnishings can be good or bad, depending on the type of renter involved. If you’re considering moving into a furnished space, our lists below of the pros and cons of renting a furnished space might help you with the decision-making process.

Pros of Renting a Furnished Space

There are some advantages when it comes to renting a furnished space over an unfurnished space. Below, we’ve provided the list of pros of renting a space that includes furniture.

1. Diminished Moving Expenses

Without furniture to transport, you will only be responsible for transporting clothes and small personal items to your new home. Your moving expenses will drop significantly without the cost of a large moving truck or professional movers. A professional interstate move of around 1,400 miles can cost anywhere from $5,000 to $15,000 for 5,500 to 20,500 pounds of belongings, per popular real estate website Zillow. Moving costs can become so large that they cost as much as annual rent. For example, renters moving to Dallas face a median list price of $1,325 per month or $15,900 per year. Assuming a family with 20,500 pounds of goods and furniture is moving to a median-priced rental in Dallas, they will spend only $900 more on yearly rent than their initial moving cost.

2. Convenience

If you’ve ever moved, you know that taping up boxes and covering furniture is exhausting. Fully-furnished rentals, on the other hand, eradicate the physically grueling process of packing and lifting. Fully-furnished rentals are also convenient for those who travel often. Fewer belongings to make arrangements for moving or storage means less time wasted between adventures.

3. Fresh Start

Moving is a great time to purge unwanted, dated, or damaged items from your life. The more you move, the less you should accumulate. Even if you currently own your own furniture, you can host a garage or moving sale and make a little cash or consider selling it to a used furniture store. You can also consider donating your used furniture to charitable organizations, as many charitable donations are tax deductible, per the IRS website. Once you’ve downsized, renting a furnished space introduces you to interior styles you may not have seen before. Immersing yourself in an alternative setting might open your tastes to traditional, modern, or eclectic home design.

Cons of Renting a Furnished Space

If you’re considering renting a furnished space, there are some cons that you should be aware of. Below, we’ve compiled the list of cons of renting a furnished space to help you make an informed decision.

1. Increased Rent

Fully-furnished rentals typically rent for more than empty comparable units. Landlords spend their income on providing furnishings and usually replace or refinish pieces every few years, depending on wear and tear. The increased rent for these furnished units reflects these additional expenses incurred by the landlord.

2. Larger Security Deposit

Security deposits are common in both furnished and unfurnished spaces. However, the security deposit for a fully-furnished unit is often higher than an unfurnished unit because more than just the space (walls, carpet, flooring, etc.) can become damaged. If you rent a fully-furnished unit, then the landlord needs a security deposit large enough to cover repairs or replacements for furniture, which can get costly. Security deposits are typically paid back to the renter at the end of the lease if no damage was incurred during the rental period. But it’s still more money that is due upfront.

3. Impersonal Touches

As the saying goes, “There’s no place like home.” But it can be difficult to feel at home among your landlord’s belongings unless you’ve lived in their home for an extended period of time. If you’re always on the move, furnishing and décor may be the only consistency in your surroundings. It’s enjoyable to own special pieces that provide comfort and a sense of home. You also may not like your landlord’s taste. If you rent a fully-furnished unit or house, you might end up with a bed that’s too soft and a couch that’s too hard. Or you might not like the color of the furniture or the theme of the room or house. But, as a renter, there will be very little you can do to change or update the décor.

4. Future Expenses

Unless you plan to reside in fully-furnished rentals forever, you’re going to need to purchase furniture sooner or later. If you do decide to purchase a home after living in a fully-furnished rental, you’ll need to shop for your furniture all at once. Furnishing a new room can be costly and even more so if you’re furnishing an entire house. Time crunches may prohibit you from finding great deals at department stores or waiting for sales. If you do opt for a fully-furnished rental, it’s a good idea to set aside some money every month to start building a future furniture fund. Alternately, you can look into our articles about major furniture stores that offer financing and furniture stores with easy credit approval.

In Summary

There are pros and cons to choosing to rent a furnished space. Pros include fewer moving expenses, convenience for an on-the-go lifestyle, and a chance to start fresh by purging old and unwanted furniture and belongings. Cons of renting a fully-furnished space include increased rent and security deposits, impersonal touches, and future expenses if you decide to make the switch to an unfurnished space one day. You might also be interested in our other articles: Cheapest Ways to Move Across Country (With Numbers) and Moving to a New City Alone: How to Easily Get Established.

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24 comments

  • Everything has its own leaps and bounds… It is who we are who need to take care of each and every aspect so that in future we do not have to face any kind of issues.

    After doing full research, then only I bought my space.

    Your post is really informative and worth reading.

    Thank you so much for sharing it with us.

    • Hi Odwin,

      Glad you found somewhere that suits you, and we’re happy to hear that the post was helpful! Thanks for writing in!

  • Hii..!!
    It’s really important to give a “homey” feeling for yourself or the visitors whenever we rent a new house. This can be only done if we decorate our rental house in a decent way.
    Buddy, you have highlighted really useful points in this post. I loved the images you have shared.
    Keep posting. Cheers.!!

  • Some buddies of mine and I are looking to find a furnished apartment to live in. We aren’t sure what to look for though and don’t know where to begin. This article helped though and I hope that we can find one soon.

  • Personally, I feel like there are more pros to renting a furnished space than cons. Like you say, there is a lot less hassle. I don’t like taping up boxes and trying to move furniture. I would rather pay a little extra money and have that work taken care of for me.

  • I really like the idea of diminished moving expenses, but I could see how that may increase the rent. I’ve never lived in a furnished apartment, but I think I may be open to that option. I’ll definitely keep these pros and cons in mind as I look at apartment rentals.

  • Thanks for the article about the pros and cons of renting a place that is furnished. Most of the apartments that I rented in college were furnished. It was nice because I moved a lot and didn’t have worry about hauling couches and beds around. However, now that I have my own things, I prefer the opposite.

  • @Will
    Personally I prefer the furnished apartments what ever the cons they have because somehow it is costly but also offers convenience for living. If you have children than it becomes necessary that your home or apartment will be fully furnished.
    -Jenifer

  • My wife and I are ready to move from our apartment into something a bit nicer. We can’t afford a home yet, so we are hoping to find a nice place to rent out for a few years. This helped a ton, and I hope that we can use some of this info to help us find what we are looking for.

  • Thank you for sharing this, Will. Remarkable! I prefer that furnished apartment though it’s pretty expensive.

  • I assume you’re asking if there’s a difference in price. Yes, it’s usually more expensive to rent a furnished unit. However, if the furnishings are sparse or outdated (as in the owner is just too lazy to remove their stuff) there may not be a difference in price.

  • Furnished is the way to go. So much simpler. Life is already complicated enough without worrying about furniture.

  • I am looking to rent a space and need it to be furnished. It is intense how expensive furnished apartments can be. On top of that for me, I need ADA wheelchair accommodations to be present in the apartment. that adds a lot of money as well.

  • Will, my husband and I are currently living in an apartment. We have been thinking of renting a home. We haven’t thought about if we would get one furnished or not. The part about the increased rent with a furnished apartment has me leaning towards renting an unfurnished space.

  • It’s definitely better for me to not rent a furnished space. Having my furniture removed, transported, and put into the apartment is going to be cheaper in the long run. Plus, I like being able to have my stuff be my own.

  • I didn’t realize that renting a place that’s already furnished is typically more expensive. While it’d be nice to avoid worrying about moving furniture, I’d probably be more willing to go through that to have a lower rent. So, until I can find a place that comes pre-furnished at a decent price, I’ll probably just stick with unfurnished and fill it with my own things.

  • I have always been a fan of renting furnished apartments. The rent is generally a little more expensive, but the difference is still cheaper than purchasing new furniture. It really comes down to how long you plan to live in that apartment.

  • I think I would be ok with it to a certain extent. The apartments I have lived in before, had couches and tables. I would keep it at that and nothing else. Like you said, it is hard to feel at home with other people’s furniture. Having a coach and table there already would save me money, in my opinon.

  • Thanks for sharing this! Lately I have been trying to figure out whether I should rent a furnished or unfurnished apartment. I’m a college student with no furniture, so I know that it would be expensive to get furniture. I think I’ll try getting a furnished apartment, and then get a few pieces of furniture here and there. That way, I’m not spending all this money on decor and chairs!

  • As a landlord, I ran across a few people wanting a furnish place. I thought about listing on airbnb, but I’m not sure about the maintenance, hiring people to do the clean up. People don’t like to do cleaning job, I haven’t found a good company that could do it for cheap to make short term rental possible yet. I’m sticking to unfurnished rental for now.

  • My last company we’d relocate employees and the bill to move out of state could run up to $50,000. They’d also pay to break the lease and cough up some dough for undue hardship caused by the move to the family.

    Anyhow, I prefer unfurnished for a place I plan to stay for a long time so it’s more a home feel than a rented space.

  • My new employer just covered an interstate move for us, and the cost of our 1 bedroom + garage was $23,500 for packing and moving. That doesn’t even cover the cost of moving the cars! Our first cross country move cost us less than $1500 even staying in hotels.

    • My brain can’t even comprehend a $23,500 moving price tag! I’m pretty sure I could buy an ‘around the world’ plane ticket for that! And you better post up about this, ma’am. 🙂