One of the top questions we are most often asked is whether it is a good idea to rent a fully furnished or partially furnished unit. Do we go for the full package or 50/50 when it comes to furnishing?
In many cases, the answer varies.
You should compare and see which option is the best for both your pocket and your comfort and we want to help you make the right decision, and so we explore the main pros and cons of each scenario.
Pros of Renting a Fully Furnished Unit
Save the trouble of buying your own furniture or bringing your furniture from far away, it saves you a lot of money upfront and you won’t have to worry about spending too much in too little time. The price of furniture can be expensive, and recouping the money you invest in furnishing an empty unit might take you a long time. Balance out the numbers and see which option best fits your budget.
Furnished units are great for young professionals, graduates and young families that don't want to commit to a long-term contract. Life is unpredictable and gets crazy, and it will be much easier to shift if you are not tied to a long-term contract and you don’t have to carry furniture around.
Having just a couple of boxes to carry around when moving makes life easier. You won’t have to deal with moving companies, or with your friends complaining about back problems from your heavy furniture. Everything will be prepared when you enter your new home and you will only have to add your own personal touches. Relax in the process.
Cons of Furnished Unit Rentals
Higher potential for damages
It can be a greater financial burden if tenants do not take care of the property and the furnishings inside it. Furnishing a unit increases the potential for damage. Repair and replacement responsibilities increase with furnished units as landlords must keep an eye for actual damages. Because furniture eventually wears out, you have to make sure the rental stays attractive instead of shabby.
Limited design choices
What you see is what you get. The furnishings, carpets, draperies and wall art have all been selected for you when you rent a furnished unit. Lifestyle ideas or personality can only be expressed in the small details such as accessories you add. The electronics might not be new and you may find yourself replacing them with your own pick. Just be sure to put the landlord’s equipment away safely.
Pros of Partially Furnished Unit Rentals
Furnished homes can be very convenient, yet this is why landlords typically charge higher rent for them. Not only that, but the furniture can also see an increase in your security deposit, If you’re on a tight budget and already have your own furniture, this could help you save some money while renting.
You can add personality to your space
Sometimes, landlords’ choice of home décor might not be your cup of tea. Therefore, you can be your own boss and add what you want to your space, you can design the layout and placement of your belongings so that it suits your style. Ultimately, having your own furniture will bring some peace of mind too.
Best for long-term leases
Partially furnished units are usually more attractive to tenants looking for extended agreements. If you own your own furniture, perhaps you’re aware of all the hassle that comes with having to move it when you relocate, so renting long-term is more convenient. This is also a good way of saving a little extra when renting, as most landlords prefer the stability that comes with committed tenants, and you might use it to negotiate a lower rent.
Cons of Partially Furnished Unit Rentals
Furnishing your space is costly
Unless you have your own furniture already, you will need to adjust your budget for these extra expenses. This can be very costly for first-time renters, as you already have to consider paying a deposit. You can find cheap furniture at flea markets, yet bargain hunting can be very time-consuming. Even if you already have the basics, you might find that you need extra chairs or a sofa.
‘Partially furnished’ could possibly mean ‘no appliances’
The amenities that are typically included in an unfurnished unit are kitchen and bathroom fixtures, carpets, curtains, and large appliances, like a fridge or cooker. However, appliances aren’t always the main issue, and you can discover that your unit also lacks a microwave oven or even essentials like a washing machine. So before deciding on a place, make sure to visit it first to see what is actually included in your rent, and be prepared for buying your own appliances.
Not exactly the best choice if you’re a student or a professional working somewhere short-term, and need to relocate frequently. It can also create difficulties if you need to move out in a hurry. Another issue can be the furniture itself. You can find an inexpensive place with a superb location, that might not have enough space for all your items.
Lastly, there are both pros and cons to renting an unfurnished property, and your budget, lifestyle, as well as the projected duration of your lease, can significantly play a role. Consider your options wisely, and keep an eye out for any hidden costs you might come across along the way.
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