How Living in a Fully Furnished Apartment Can Save You Money

how fully furnished apartment saves money

The average person moves 11 times during their lifetime. And there are many reasons why we’re not tied down to one place. Many people move for college, a new job, family, or maybe you’re just sick of staying in the same place.

But moving is a pain. You have to pack and unpack everything, hire movers, and take a break from your life for the move. What if you don’t have any furniture or belongings? You have to buy them.

Not only is this inconvenient but it’s also expensive.

Fortunately, furnished apartments are a convenient option — and can even save you money!

Here’s how a fully furnished apartment can save you money.


Lower Moving Costs

Whether you do moving DIY or with a pro, you can’t deny that moving is tedious and expensive. If you move DIY, you likely can’t move all of your furniture on your own. You’ll have to find family members or friends to help you out.

What if DIY isn’t an option? You have no choice but to hire a professional moving company.

But the costs can be expensive. If you’re moving out of state, expect moving costs to add up to over $4k. If you’re only moving down the street or to a new city, this can still set you back $2k.

Moving to a furnished apartment is easy. All you have to do is pack your essentials, such as clothes and toiletries, and walk into your apartment.


You Don’t Have to Buy Furniture

The average person spends over $8k on furniture. This is a huge saving when you move into a furnished apartment.

What can you expect at your furnished apartment?

The apartment complex will offer all of the necessities. This includes bedroom, living room, and kitchen essentials, as well as some extras (depending on the apartment). Here’s a breakdown.

Bedroom

The basics your rental will include consist of a bed, nightstand, and dresser. The bed is usually large enough to fit two people, such as a queen-sized bed.

However, you should always inquire about bed size, especially if two people will be splitting the bedroom.

The bedroom will include a closet you can fill with your clothes and other belongings.

Some rentals include extras, including bedding, pillowcases, etc.

Living Room

You’ll receive the most basic dining room furniture. This includes a couch and tables (coffee and/or dining tables). College apartments may include student-specific furniture items such as a desk.

The quality of the furniture depends on the apartment. Upscale apartments used for corporate purposes will include high-quality furniture. But college furnished apartments may only include basic furniture.

Bathroom

As with unfurnished apartments, you’ll find a shower/bath and a toilet. Unlike unfurnished apartments, you’ll find more furnishings in your bathroom. This includes a shower curtain, rugs, and even a fresh toothbrush.

Not all bathroom necessities are included. This includes towels and toilet paper. Always ask the property manager if these amenities are included.

Kitchen

Like an unfurnished apartment, you’ll receive basic appliances including the stove, oven, refrigerator, and dishwasher.

But unlike an unfurnished apartment, a furnished apartment includes all kitchen essentials. This includes a toaster, microwave, and coffee maker. You’ll also receive basic dishes and utensils, such as forks and spoons.

There’s no need to run to the store and buy supplies! Many furnished apartments come with basic cookware and bakeware. This includes pots, pans, cooking utensils (spatulas, measuring cups, peelers, etc.), and a can opener.

Furnished apartments may also offer cleaning supplies such as sponges and dish soap. While your spices and ingredients may be limited, expect to find salt and pepper.

Other Extras

Each furnished apartment complex varies. But some may provide some extras. This includes:


  • Lamps
  • Clothes hangers
  • D├ęcor (artwork, etc.)
  • Trash cans
  • Stereo
  • TV
  • Game consoles
  • DVD player
  • Vacuum
  • Mop
  • Iron and ironing board

As mentioned, every apartment complex is different. Always ask your property manager what they include to prepare for any additional expenses on your end.


Save on Utilities and Services

Many furnished apartment complexes include utilities and other services in your rent. These utilities are basic, including water and electricity.

Other extra utilities can prevent you from purchasing other essentials. For example, some furnished apartments may include internet in your rent, so you don’t have to purchase your own.

High-end furnished apartments may include services such as a cleaning staff and security.

Keep in mind, these will still be included in your rent. But it will prevent you from hiring your own cleaning staff or purchasing your own security system, helping you save money.


Save Money On Hotels

Are you a nomad? If so, your hotel budget probably eats away at your money. Many nomads choose hostels as a cheaper option. But hostels don’t offer nearly as many comforts as a hotel.

Is there another option for travelers? Many apartment services are starting to offer furnished apartments for travelers. Many nomads learned more and found furnished apartments in a myriad of different countries.


Save On Your Lease

Many apartments force you into a lease that lasts at least a year. You’ll also have to pay different deposits, first and last month’s rent, and other expenses.

Furnished apartments exist to accommodate to those on the move. Therefore, they won’t come with extensive leases and hefty fees.

Try and negotiate a shorter lease. Some property managers will allow a shorter lease, even for only a few months.


Will You Move Into a Fully Furnished Apartment?

If you’re not willing to commit to one place but still need a place to stay, consider moving into a fully furnished apartment.

You have the convenience of your own living space without having to buy furniture.

Are you a business owner who’s thinking about investing in corporate furnished apartments for your employees? Read this article to learn more.

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