Furnished vs Unfurnished Rentals: Pros and Cons

When you’re looking for a new place, you will come across two types of rental units; furnished and unfurnished. Furnished apartments usually come equipped with furniture, basic kitchen appliances and tableware, bathroom necessities such as a shower curtain, a washer/dryer set, and possibly a few other amenities. The exact items will vary depending on the landlord and what kind of place you’re renting. Furnished units are less common, they may be the perfect solution for someone who moves often and doesn’t own a lot of furniture or young professionals or for a college student who hasn’t accumulated their own furnishings. Creekbend Property Management has provided a few pros and cons to consider before deciding if furnished or unfurnished is right for you!

Furnished Pros:

  • Moving in and out will be quick and easy! Relocation is a breeze without the extra burden of packing up and transporting large items (couches, beds, dressers, and dining room tables, etc…)
  • You’ll save money on furniture! If you’re a college student moving to a new apartment for the first time, you may have none of your own furniture to begin with. If you don’t want to go furniture shopping and drop hundreds of dollars (of your parent’s money) on the bare necessities, a furnished place is an ideal solution.
  • You’ll save money on moving costs! If you already own furniture but you’re moving to a distant location, you may end up spending a fortune on shipping. Selling your old furniture or storing it and renting a furnished place could be right for you, too.
  • You can take advantage of short term leasing. Furnished units typically don’t require a long lease because they cater mostly to students and travelers. This is a great option for someone who doesn’t plan to stay in one place for too long.

Furnished Cons:

  • You will have fewer choices. There aren’t too many furnished apartments for rent, so finding a good unit in a nice location may be more difficult, especially if it’s not a college town. However, if you’re willing to take on the hunt, you might just come across a hidden treasure.
  • You will face a higher liability. In any rental, you risk losing your security deposit if you scratch the hardwood floors or bust a hole in the wall. When furniture is included in the rental amenities, you are responsible for whatever happens to those items as well. Remember, you may use that chair every day, but it doesn’t belong to you. If a leg breaks, you’ll be paying for it.
  • The décor will be out of your control. If you rent a furnished apartment with a gaudy couch-tough luck! You can hang up your own artwork and bring in your own accent pieces, but the big pieces are there to stay and you got to live with it!

 

Remember when deciding whether furnished or unfurnished is right for you, take into consideration how long you will need the rental for, how much the cost of moving will be ( trucks, DIY rental trucks, or shipping companies) or the cost for storing your personal furnishings.

Creekbend Property Management is located in Charleston, SC specializing in rental properties in downtown Charleston, James Island, Isle of Palm, Johns Island, Kiawah, Mt. Pleasant, Summerville, Goose Creek, Moncks Corner, North Charleston, and West Ashley. We are licensed and insured, providing leasing services, management services, maintenance, and most importantly; giving our property investors peace of mind!

 

Posted by: creekbendblog on June 8, 2017
Posted in: Uncategorized