Short Term Rental Riches 12. How Much Should I Budget for Furniture?
Feb 4, 2020
Furnishing an apartment can be more surprising than unexpected medical bills! Discover average costs and essential budgeting for short-term rentals. Learn where to splurge wisely and where to save, plus the importance of sourcing local options. You'll also find out common money traps that can eat into your budget. This insightful discussion helps you create a stylish yet cost-effective rental space with practical tips!
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Budgeting Furniture Costs
- Budget roughly $3,500 to furnish a one-bedroom short-term rental using mostly new furniture from Ikea, Amazon, or Wayfair.
- Save costs by buying second-hand locally from Facebook Marketplace or estate sales to reduce expenses significantly.
Mix Furnishing Styles
- Furnishing a rental entirely with Ikea items can make it look overly uniform and recognizable.
- Adding some local or vintage items gives the space unique flair and personality that stands out.
Minimal Storage for Short Stays
- When adding bedrooms, focus on beds and minimal storage because many guests stay only a few days.
- Provide enough closet or drawer space for short stays, avoiding over-investment in full dressers.