How Much to Charge for a Furnished Vs. Unfurnished House?

You can usually get more for a furnished rental, but it may be a more inconvenient option.

You can usually get more for a furnished rental, but it may be a more inconvenient option.

If you’re looking to rent your home and are moving out, chances are you’ll view this as a good opportunity to sort through furniture and other property and maybe even get rid of a few things. Depending on your imminent relocation plans, you might consider leaving most of the furniture in the rental home so you can rent it as a furnished property. While this option is convenient -- less furniture to move, store, sell or donate -- determine first what makes the most financial sense.

Cost Difference

While the cost difference between furnished and unfurnished rentals varies across the country, generally speaking you will not see a huge increase in rent for a furnished place. According to an article on the Arrowpoint Realty website, a furnished home "will command much higher rents in a few of the seasonal months," but that will be offset by greater amounts of time the property sits vacant. All things being equal, if there is a difference in rent for a furnished vs. unfurnished apartment or home, it will be only slight. That said, whether you decide to list a furnished or unfurnished home is more a question of convenience and flexibility than of return on investment.

Short-Term Tenants

While most rentals on the market are unfurnished, furnished apartments are popular in locations with a high resident turnover rate, like college towns or areas where people relocate to warmer climates over the winter. Most renters looking for a furnished place are short-term renters. If they planned to stay a while, they’d likely want to set up their home according to their tastes. Short-term rentals -- furnished or unfurnished -- typically rent for at least $100 to $200 more per month than a long-term lease of the same property, according to the Apartment Ratings website. As a general rule, any lease shorter than six or nine months is considered short-term.


Although you might be able to charge a bit more in monthly rent for a short-term furnished rental, you might also incur additional expenses. As the landlord, you’ll be responsible for keeping the furniture and appliances in good working order. Additionally, you might not be able to recoup the replacement cost for destroyed furniture or appliances if it exceeds your tenant’s security deposit. Short-term leases also require cleaning and repair on a more frequent basis due to tenant turnover.


If you rent your home furnished, you might be able to deduct a portion of the furniture cost from your income taxes. The IRS will allow you to deduct up to 10 percent of the net rent from your rental income. The net rent is the total amount of rent minus the costs associated with running the property, like taxes and water service. Another option for landlords is to claim the replacement price of a piece of furniture. However, you’ll only be able to do this if you actually replace the furniture that year. You cannot deduct the cost of furniture that you already owned.

Convenience and Flexibility

Because the cost of renting a furnished property is not substantially higher than the cost of renting an unfurnished property, for many landlords the decision is all about convenience. For instance, if you’re moving across the country and do not want to haul all of your furniture with you, you might decide to rent your home fully furnished. Or you may simply decide that you like the idea of purchasing all new furniture in your new home. On the other hand, you might decide that the extra income is not worth the hassle of keeping the furniture repaired or replaced.

About the Author

Kristen Radford Price began writing in 2005 for her campus newspaper. She has served as a feature writer for the life-and-style section of the "Daily Herald," a contributor to "Utah Valley Weekly," an editor for a small publishing house and now as director of communications for an Internet company. Radford has a Bachelor of Arts in journalism from Brigham Young University.

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