How much does it cost to furnish an apartment

You have successfully completed this stage - you have signed the lease on Houses in New York, your hands are already holding the keys, and you are entering your new apartment. There's a special magic to be seen in these empty rooms and walls, right? There is so much potential here to create your own cozy corner and realize your unique interior design.

However, you soon realize that this is real life and not your favorite TV show. Of course, you may have many ideas, but you need more financial resources. Furnishing an entire apartment can be quite expensive; even the most basic furniture can cost you anywhere from $3,500 to $5,800 if you decide to buy it new.

To inspire you and make the process of decorating your apartment as exciting as you hoped, we present you with this guide. It provides information on the prices of various furniture items, will help you develop a reasonable budget for your project, and will tell you which items are worth spending more money on and which ones you can save money on by turning to the secondary market.

Let's dive into the details! Please keep in mind that the prices shown in this article are approximate, do not include taxes, and may vary from case to case. Let's figure out how much does it cost to furnish an apartment.

How to Create a Healthy Furniture Budget?

Before you start shopping for furniture for your new apartment or room in Coliving in NYC, consider the following questions. They will help you develop a reasonable and healthy budget for furnishing your new home:

  • How long do you plan to live in this apartment, both in the ideal and in the worst case?

  • Are you planning to move in the near future, perhaps just a few streets away or even across the country?

  • Do you have children or pets that could damage your furniture?

  • How much time do you spend at home compared to work or other places?

How much does it cost to fully furnish an apartment? The answers to these questions will help you determine your budget. If you plan to change your location frequently, spending money on furniture that is perfect only for a given space may be impractical and waste your money. The same goes for those with children or pets in the house: you'll probably be less worried about accidental damage to a $700 piece of furniture than a $4,000 designer sofa. So take some time to think about these factors and let them guide you on how much you are willing to spend on your furnishing project.

Cost of furnishing your apartment: essentials, basics, and additional services

How much does it usually cost to furnish an apartment? The best advice we can give you for furnishing your dreamy apartment without breaking the bank is to take it one step at a time. In most cases, the complete arrangement of an apartment takes several weeks. Not only does this process give you the opportunity to find furniture that's perfect for you gradually, but it also allows you to scour yard sales or consignment stores for stylish pieces, as well as take advantage of seasonal sales like Labor Day.

Whether it's your new apartment or room in Coliving that needs a complete furniture update or you already have a few things, following these tips, you can gradually but surely turn this apartment into your cozy home.

Essentials: sofa, bed and dining area

It's easier to prioritize what you need for your apartment if you start by focusing on the functional aspects. This is especially important when you're setting up your apartment for the first time, so let's look at the basics.

How much does it cost to furnish an apartment from scratch? No matter the size of your new apartment, certain basic needs will always remain the same. You'll need a place to sleep, relax, eat, and perhaps work, as well as some storage space and kitchen utensils.

Today, many renovated apartments have islands or breakfast bars, which means you may not need a full dining table and chairs, but two to four bar stools will suffice. This area can also be your workspace if you are on a tight budget.

Let's estimate how much these essential items might cost:

  • Queen bed frame: $200 to $800.

  • Mattress: $200 to $1,200.

  • Sofa: from 300 to 2600 dollars.

  • Dining table and chairs: $400 to $1,200.

  • Bar stools: $150 to $400 for two to four pieces.

How much does it usually cost to furnish an apartment? So, the total cost is between $1,000 and $5,800. Naturally, prices may vary depending on the quality, brand, and condition of the furniture. But when it comes to what you should spend your money on, these items are at the top of the list! We will look at this in more detail below.

The Basics: Dressers, Bookshelves and Lamps

Let's simplify this: Let's say you already have a closet in your bedroom. However, adding a dresser or two can greatly improve the organization of your closet and create additional storage space for blankets, seasonal items, and linens.

If you only have the essentials, your apartment may feel a little too modest. The following pieces of furniture can help you add character and functionality to your home:

  • Nightstands: $100 and up each.

  • Dressers: $150 to $350.

  • Bookshelves: $80 to $275.

  • Floor lamps: $50 to $175.

  • Table: from 140 to 300 dollars.

  • Additional seating: $175 to $500 per chair or set of two.

  • TV stand or console: $150 to $400.

How much does it cost to furnish an apartment from scratch? So, the total cost of these items can range from $1,000 to $2,500 or even more, depending on the quality of furniture chosen and the number of rooms that need to be furnished with additional lamps, shelves, and seating. Take your time choosing these items, as they can define your style and make an important contribution to the design of your apartment.

Make sure you like the items and invest your money wisely so you don't regret your investment later.

Additionally: Decorative furniture and accessories

We don't advise you to stop purchasing decorative items until your apartment is fully furnished, but it is important to do it wisely. Hanging a few photo frames and adding some greenery can instantly make your home feel more inviting. So don't give up on this idea!

How much money does it cost to furnish an apartment? However, when it comes to spending on the furniture and decorative items listed below, consider spending on more important items like basic furniture and essentials first rather than those nice-but-not-essential additions.

  • Carpets: $150 to $500.

  • Plants and artwork: $200 and up.

  • Coffee tables: $130 to $350.

  • Ottomans: $50 to $200.

  • Mirrors: from 80 to 400 dollars.

  • Decorative curtains and cornices: from $50 to $150.

How much does it cost to cheaply furnish an apartment? So, the total cost of these items can range from $650 to $1,800. We understand how hard it can be to resist a beautiful coffee table that may be beyond your budget. That's why it's important to set your budget in advance before you start shopping. It can also help you determine which items are worth spending more money on and which you can save money on while still maintaining functionality.

How much does it generally cost to furnish an apartment?

Deciding whether you should splurge or skimp on furniture depends on several factors:

  • How often will you use this item? If, for example, it's an office chair that you'll be sitting on every day for eight hours, then it's best to invest in a comfortable and durable chair.

  • Is there a chance that this item will go out of style in the next five years? Your decor preferences, such as mirrors or picture frames, may change in the near future. If the available alternatives are just as good in style and functionality, there is no point in spending large sums on such items.

  • How much does it cost to furnish an apartment bedroom? Higher-priced furniture items such as beds, sofas, and tables often require a larger financial investment, and they can be the top items in your budget.

  • Is it possible to purchase this item used? For example, purchasing a used bookshelf or nightstand can save you a few dollars.

The above questions will help you determine whether to splurge or skimp on the furniture you are planning to purchase. These are the main considerations you should make in order to optimally allocate your budget and get the most out of your investment. Therefore, you can calculate how much does it costs to furnish an apartment from a rental service.

Bedroom

Let's start with the most important room in your apartment: the place where you rest at night to recuperate and prepare for the day.

Priority: Bed and mattress

How much does it cost to furnish and decorate an apartment? While there's no need to spend a fortune on a bed frame, it's worth considering investing a couple of hundred dollars or even a little more into the foundation of your bedroom. The mattress is the item you should focus most of your budget on. For example, a $1,200 mattress may seem unnecessarily expensive, but for $300 to $500, you can still find a great queen-size mattress that you'll sleep on comfortably.

Purchasing a mattress protector is a great solution for regulating the softness of your mattress. They're available for as little as $80 in a queen size and can add extra comfort to your sleep.

Savings: Bedside tables

Bedside tables can be quite expensive, especially if you're looking for something with a simple design - prices can start at $100 and up for each. And most likely, you will need two. It's wise to wait for a sale or shop wisely for that piece of furniture to save a few bucks on more important furnishings.

Living room

How much does it cost to furnish an apartment for 2? While you can find a cozy chair or small sofa for $250 to $400, these furniture pieces usually need more space when you have guests over. A comfortable sofa or sectional will likely cost $800, but it's an investment that will pay off in the long run, as it will be the centerpiece of your decor for years to come.

If you need more clarification on your design style, choose a classic color for your sofa, such as grey, cream, or muted blue. Instead of spending a lot of money on a trendy sofa design that may go out of style in a few years, you can accessorize it with interesting pillows and throws to suit your changing tastes and moods.

Thus, having counted all the necessary purchases, you can understand, on average how much does it cost to furnish an apartment.


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