How Much Does It Cost to Furnish an Apartment? A Complete Guide

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How Much Does It Cost to Furnish an Apartment? A Complete Breakdown

December 27, 2024

It can be both exciting and challenging to furnish an apartment, especially if you're moving into a new place or making changes to the way you live now. Costs can change based on where you live, your style tastes, and the quality of the furniture you choose. This guide gives you a thorough breakdown of the costs to help you make the most of your budget and answers the question of how much it costs to furnish an apartment.

It's important to know these prices whether you want to decorate a rental apartment or move into one of Urban Furnished's affordable furnished apartments in NYC.

Factors Influencing the Cost of Furnishing an Apartment

The total cost of furnishing your apartment can depend on several variables, including:

Apartment Size: Larger apartments require more furniture, increasing overall costs.
Location: In places like New York City, where furniture is in high demand and hard to get, it may cost more.
Style Preferences: Opting for designer or luxury items will significantly impact your budget.
New vs. Used Furniture: New furniture is usually more expensive, but it lasts longer and can be customized better.

Cost Breakdown: Furnishing Your Apartment

Here’s a detailed look at what you might spend when furnishing an apartment:

1. Living Room

The living room often serves as the centerpiece of any home. A typical setup includes:

Sofa: $500–$2,000
Coffee Table: $100–$400
TV Stand: $150–$600
Accent Chairs: $100–$500 each
Lighting and Décor: $200–$800

Estimated Total: $1,050–$4,300

2. Bedroom

Creating a cozy and functional bedroom involves:

Bed Frame and Mattress: $700–$2,000
Nightstands: $50–$300 each
Dresser/Closet Storage: $200–$1,000
Bedding and Accessories: $100–$500

Estimated Total: $1,050–$3,800

3. Kitchen & Dining Area

The kitchen and dining area require essentials such as:

Dining Table and Chairs: $300–$1,200
Cookware and Utensils: $150–$600
Small Appliances: $200–$800
Barstools (if needed): $50–$300 each

Estimated Total: $700–$2,900

4. Home Office (Optional)

For those working remotely, a home office setup might include:

Desk: $100–$500
Chair: $50–$400
Storage Solutions: $50–$300
Decorative Items: $50–$200

Estimated Total: $250–$1,400

Tips for Furnishing an Apartment on a Budget

If you’re looking to save money while furnishing your apartment, here are some helpful strategies:

Prioritize Essentials: Start with the most important items like a bed, sofa, and dining table.
Shop Secondhand: You can find good used furniture at estate sales, thrift shops, and online marketplaces.
DIY Décor: Get creative and craft your own decorative items to add a personal touch.
Wait for Sales: Take advantage of seasonal sales and promotions for significant savings.
Opt for Affordable Furnished Apartments in NYC: Rent a fully furnished room from Urban Furnished to avoid having to pay for furnishing costs.

The Advantage of Renting Furnished Apartments

Renting a furnished place is a great option if furnishing an apartment seems too difficult or expensive. At Urban Furnished, you can:

1. Affordable Furnished Apartments in NYC

These apartments are great for people on a budget because they offer high-quality furniture and decor without having to pay for it all at once.

2. NYC Fully Furnished Apartments

Enjoy high-end rooms that are ready to move into, complete with designer furniture and modern conveniences.

3. Midtown Furnished Apartments

Located in prime areas, these apartments offer convenience and luxury, ideal for extended stays.

Why Choose Urban Furnished

Moving is easy with Urban Furnished because their apartments come with everything you need. With nearly 250 designer-furnished apartments in New York City, we are experts at making long stays comfortable and easy. Thought went into making our places so that your time in the city is enjoyable and stress-free.

You can access top-notch features that improve your living experience by choosing a furnished apartment in addition to saving money on furnishing costs.

Is Furnishing an Apartment Worth It?

Whatever you decide, whether you rent a fully furnished apartment or furnish your own rests on your budget, lifestyle, and personal tastes. If you want to be flexible and save time, getting a furnished apartment from Urban Furnished is a great option.

Take the Next Step

Are you ready to furnish your apartment or look into affordable furnished apartments in NYC? What's most important to you when you're planning to furnish an apartment? Write what you think in the comments below.

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Luxury Furnished Apartments & 3-Month Rentals in NYC – The Best Extended Stay Options

February 24, 2025

Explore the top NYC neighborhoods for 3-month furnished rentals and luxury apartments. Find flexible, cost-effective, and stylish extended-stay options for business travelers and long-term visitors.

Top Benefits of Monthly Apartment Rentals in NYC for Business Travelers (2025 Guide)

February 24, 2025

Finding the right accommodation in New York City can be overwhelming, especially for business travelers who need comfort, convenience, and flexibility. Hotels are often expensive, restrictive, and lack the space professionals need to work and relax. That’s where monthly furnished apartment rentals come in. These rentals offer a home-like experience, with fully equipped spaces, better pricing, and prime locations close to corporate hubs. Instead of navigating the high cost and limitations of hotels, professionals can enjoy affordable, spacious, and flexible living in move-in-ready apartments across NYC. In this guide, we’ll explore why monthly furnished rentals are the best option for business travelers looking for cost savings, privacy, flexibility, and premium amenities. 1. Save Money Compared to Hotels 💰 Staying in a hotel for a month in NYC can be shockingly expensive. With average rates exceeding $300 per night, a month-long stay could cost nearly $9,000—and that’s before factoring in taxes, resort fees, and daily expenses like laundry and dining out. In contrast, monthly apartment rentals in NYC typically range between $4,500 and $7,500 per month, including rent, Wi-Fi, utilities, and access to premium amenities. Not only does this cut costs significantly, but it also provides a more comfortable and spacious living environment. For companies relocating employees or sending teams on extended projects, the savings are even more substantial. Businesses can negotiate corporate housing discounts for longer stays, reducing costs even further while ensuring employees have high-quality accommodations. 2. Prime Locations Close to Business Hubs 📍 New York City is vast, and location is everything. Unlike hotels, which are often clustered around tourist areas, monthly rentals are available in top business districts, allowing professionals to stay closer to their offices, coworking spaces, and key client meetings. Best NYC Neighborhoods for Business Travelers Many furnished corporate apartments are strategically located in: • Midtown Manhattan, home to major corporate offices, law firms, and media headquarters. • The Financial District (FiDi), ideal for finance professionals working on Wall Street. • Chelsea & Flatiron, popular with tech startups and digital agencies. • Tribeca & SoHo, offering luxury rentals for executives. • Brooklyn (DUMBO & Williamsburg), perfect for remote workers who prefer a creative and vibrant atmosphere. By staying in a monthly rental near your workplace, you can eliminate long commutes, reduce stress, and make the most of your time in NYC. 3. More Space & a Home-Like Experience 🏡 Unlike hotels, where you’re confined to a single room, monthly apartment rentals in NYC offer a fully furnished living space designed for both work and relaxation. Most furnished corporate rentals come with: • A separate bedroom, living area, and kitchen for better comfort. • A fully equipped workspace with fast Wi-Fi, perfect for remote work. • A kitchen to prepare meals and save on dining costs. • In-unit laundry facilities, eliminating the need for expensive hotel laundry services. For business travelers who are spending weeks or months in NYC, having a comfortable, fully equipped space makes a huge difference. Whether you need to host a virtual meeting, cook a meal, or unwind after a long day, a furnished rental provides the privacy and convenience you won’t get from a hotel. 4. Privacy & Independence 🚪 One of the most frustrating aspects of hotel stays is the lack of privacy. Housekeeping staff enters daily, common areas are shared with noisy guests, and there’s little control over your environment. With a monthly apartment rental, you get: • A completely private living space, with no unexpected interruptions. • A quiet work environment without distractions from hotel guests. • No strict check-in/check-out restrictions, giving you the flexibility to adjust your schedule. For professionals who need a peaceful, productive atmosphere, a monthly furnished apartment ensures a stress-free stay with maximum privacy. 5. Flexible Lease Terms 📆 Most long-term NYC rentals require 12-month leases, making it difficult for business travelers to find short-term options. Monthly rentals solve this problem by offering: • Short-term leases (1–6 months), perfect for temporary assignments. • No long-term commitments, allowing flexibility for work projects. • Move-in-ready apartments, so there’s no need to buy furniture or set up utilities. This flexibility makes monthly apartment rentals the best option for professionals who need temporary housing but don’t want to commit to a full-year lease. 6. Fully Equipped & Move-In Ready 🏠 Furnished apartments aren’t just about the space—they’re also about convenience. Business travelers need a seamless transition, and move-in-ready rentals provide everything needed for a comfortable stay. Most corporate rentals include: • High-speed Wi-Fi, ensuring uninterrupted work and video calls. • Smart TVs with streaming services, so you can unwind after a long day. • A fully stocked kitchen, saving money on expensive NYC restaurants. • Building amenities like a gym, rooftop lounge, or business center. Instead of dealing with the hassle of furniture shopping and utility setups, you can move in and start living comfortably from day one. 7. Easy Access to NYC’s Best Transportation 🚇 One of the biggest advantages of staying in a monthly rental is being close to NYC’s extensive public transportation network. Whether you’re heading to a meeting in Midtown, a networking event in Brooklyn, or catching a flight at JFK, convenient transit access is a must. Key Transit Hubs Near Monthly Rentals • Grand Central Station – Perfect for Midtown-based professionals. • Penn Station – Easy access to Amtrak and NJ Transit. • World Trade Center Transportation Hub – Serves FiDi and Wall Street executives. With subways, buses, CitiBike, and ride-sharing services nearby, commuting becomes effortless—another reason why furnished corporate rentals are the preferred choice for professionals. Final Thoughts: Why Business Travelers Prefer Monthly Furnished Rentals in NYC For business travelers who need a comfortable, flexible, and affordable accommodation option, monthly apartment rentals in NYC offer significant advantages over hotels. Key Takeaways • Cost savings – Up to 50% cheaper than hotels. • Prime locations – Stay close to business districts & coworking spaces. • More space & privacy – Work and live comfortably. • Flexible stays – No long-term contracts. If you’re looking for the best furnished corporate housing in NYC, Urban Furnished offers premium monthly rentals designed for business travelers. 📌 Book Your Monthly Apartment Rental Today! 🔗 Urban Furnished NYC – Explore Listings Want Help Finding the Right Monthly Rental? (FAQs) ❓ Are furnished apartments in NYC cheaper than hotels? 💡 Yes! Business travelers save 30-50% compared to hotels. ❓ What’s included in a monthly rental? 💡 Fully furnished space, Wi-Fi, utilities, and building amenities. ❓ Where can I find the best corporate housing in NYC? 💡 Urban Furnished NYC offers high-quality apartments in top business districts.