The New Cost of Furnishing an Apartment 

December 21, 2023 | By Lauren Bozarth
Reading Time: 3 Minutes
Cost of Furnishing an Apartment

Finding a new living space is an exciting journey, but it comes with the inevitable question: How much does it cost to furnish an apartment? In this post, we’ll explore the essential furnishings, the impact of inflation on costs, and tips on sustainable living to help you furnish your apartment without breaking the bank.

Essential Furnishings for a New Apartment

To better evaluate the total cost of furnishing an apartment, let’s look at some common items you’ll need to make your space move-in ready:

  • Furniture: Start with the basics – a comfortable bed, a sofa, and dining furniture. Keep in mind that this will likely be the most costly splurge when furnishing your place. The average cost of furnishing an apartment bedroom is $1910 to $3600.
  • Kitchen Essentials: Stock your kitchen with essential cookware, utensils, and appliances. Opt for quality items that will stand the test of time, making your investment worthwhile. If you plan on sticking to the kitchen basics, you’ll likely spend around $200. Expect to dish out more the greater your cooking prowess.
  • Bedding and Linens: Invest in quality bedding and linens for a good night’s sleep. Look for affordable options without compromising on comfort. Note that the average U.S. sleeper spent $80.3 on bedroom linens per consumer in 2022.
  • Decor and Lighting: Personalize your space with decor items and lighting fixtures. This is where you can get creative without overspending. Stores like HomeGoods and TJ Mazz offer premier options and discounted prices. However, this overall cost can vary immensely depending on a person’s space and style.
  • Storage Solutions: Maximize space with storage solutions like shelves, cabinets, and organizers. These can be both practical and aesthetically pleasing. These furnishings can also drastically differ in price based on needs and preferences.

For a better idea of how much money to set aside for your new place, check out the furnishing cost calculator on 

Impact of Inflation on Furnishing Costs

As you have likely noticed or experienced, inflation has influenced the cost of goods and services, including furnishings. Prices for furniture, appliances, and home goods have seen an uptick. To manage these increased costs, consider exploring second-hand stores, online marketplaces, or local vendors offering more affordable options.

Shopping Sustainably and Simplifying Living

Check out these ways you can streamline your living and support sustainability:

  • Local Vendors: Support local businesses and artisans by purchasing items from nearby vendors. Not only does this contribute to the community, but it may also offer unique, handmade pieces at reasonable prices.
  • Second-hand Stores: Thrift stores and consignment shops can be treasure troves for budget-friendly, high-quality furnishings. Explore these options to find hidden gems that add character to your space.
  • Minimalist Living: Simplify your lifestyle by embracing minimalist living. Prioritize quality over quantity and focus on versatile items that serve multiple purposes. This approach not only reduces costs but also creates a clutter-free environment.
  • Rent or Borrow: Consider renting or borrowing for items you may only need temporarily. This is particularly useful for large furniture pieces or specialized tools you may use sparingly.

With some planning and strategizing, you can maximize the sustainability and cost of furnishing an apartment.

If you’re ready to find a new blank canvas to call home, let our eager team help you with the process!


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