{"id":143284,"date":"2025-02-17T13:08:30","date_gmt":"2025-02-17T13:08:30","guid":{"rendered":"https:\/\/namso-gen.co\/blog\/how-much-extra-to-charge-for-furnished-rental\/"},"modified":"2025-02-17T13:08:30","modified_gmt":"2025-02-17T13:08:30","slug":"how-much-extra-to-charge-for-furnished-rental","status":"publish","type":"post","link":"https:\/\/namso-gen.co\/blog\/how-much-extra-to-charge-for-furnished-rental\/","title":{"rendered":"How much extra to charge for furnished rental?"},"content":{"rendered":"<p>One of the common questions that landlords and property managers face when preparing a rental property is how much extra to charge for a furnished rental. The answer can vary depending on various factors such as location, the quality of furnishings, and market demand. Typically, landlords can charge anywhere from 10% to 30% more for a furnished rental compared to an unfurnished one. This range takes into consideration the additional costs associated with furnishing a rental property and allows landlords to recoup those expenses over time.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_62 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/namso-gen.co\/blog\/how-much-extra-to-charge-for-furnished-rental\/#What_factors_should_be_considered_when_determining_how_much_extra_to_charge_for_a_furnished_rental\" title=\"What factors should be considered when determining how much extra to charge for a furnished rental?\">What factors should be considered when determining how much extra to charge for a furnished rental?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/namso-gen.co\/blog\/how-much-extra-to-charge-for-furnished-rental\/#Should_I_charge_a_fixed_amount_or_a_percentage_of_the_rent_for_a_furnished_rental\" title=\"Should I charge a fixed amount or a percentage of the rent for a furnished rental?\">Should I charge a fixed amount or a percentage of the rent for a furnished rental?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/namso-gen.co\/blog\/how-much-extra-to-charge-for-furnished-rental\/#What_are_the_benefits_of_renting_out_a_furnished_property\" title=\"What are the benefits of renting out a furnished property?\">What are the benefits of renting out a furnished property?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/namso-gen.co\/blog\/how-much-extra-to-charge-for-furnished-rental\/#What_are_the_downsides_of_renting_out_a_furnished_property\" title=\"What are the downsides of renting out a furnished property?\">What are the downsides of renting out a furnished property?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/namso-gen.co\/blog\/how-much-extra-to-charge-for-furnished-rental\/#Should_I_include_utilities_in_the_rental_rate_for_a_furnished_property\" title=\"Should I include utilities in the rental rate for a furnished property?\">Should I include utilities in the rental rate for a furnished property?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/namso-gen.co\/blog\/how-much-extra-to-charge-for-furnished-rental\/#How_can_I_determine_an_appropriate_rental_rate_for_a_furnished_property\" title=\"How can I determine an appropriate rental rate for a furnished property?\">How can I determine an appropriate rental rate for a furnished property?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/namso-gen.co\/blog\/how-much-extra-to-charge-for-furnished-rental\/#Do_I_need_to_provide_a_separate_lease_agreement_for_a_furnished_rental\" title=\"Do I need to provide a separate lease agreement for a furnished rental?\">Do I need to provide a separate lease agreement for a furnished rental?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/namso-gen.co\/blog\/how-much-extra-to-charge-for-furnished-rental\/#How_should_I_handle_security_deposits_for_furnished_rentals\" title=\"How should I handle security deposits for furnished rentals?\">How should I handle security deposits for furnished rentals?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/namso-gen.co\/blog\/how-much-extra-to-charge-for-furnished-rental\/#What_furnishings_should_I_include_in_a_furnished_rental\" title=\"What furnishings should I include in a furnished rental?\">What furnishings should I include in a furnished rental?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/namso-gen.co\/blog\/how-much-extra-to-charge-for-furnished-rental\/#How_often_should_I_update_the_furnishings_in_a_furnished_rental\" title=\"How often should I update the furnishings in a furnished rental?\">How often should I update the furnishings in a furnished rental?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/namso-gen.co\/blog\/how-much-extra-to-charge-for-furnished-rental\/#Should_I_hire_a_professional_staging_company_to_furnish_my_rental_property\" title=\"Should I hire a professional staging company to furnish my rental property?\">Should I hire a professional staging company to furnish my rental property?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/namso-gen.co\/blog\/how-much-extra-to-charge-for-furnished-rental\/#What_are_some_tips_for_marketing_a_furnished_rental_property\" title=\"What are some tips for marketing a furnished rental property?\">What are some tips for marketing a furnished rental property?<\/a><\/li><\/ul><\/nav><\/div>\n<h3><span class=\"ez-toc-section\" id=\"What_factors_should_be_considered_when_determining_how_much_extra_to_charge_for_a_furnished_rental\"><\/span>What factors should be considered when determining how much extra to charge for a furnished rental?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nWhen determining how much extra to charge for a furnished rental, landlords should consider the location of the property, the quality of the furnishings, the size of the rental, and the competition in the market.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Should_I_charge_a_fixed_amount_or_a_percentage_of_the_rent_for_a_furnished_rental\"><\/span>Should I charge a fixed amount or a percentage of the rent for a furnished rental?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nIt is common practice to charge a percentage of the rent for a furnished rental. This allows landlords to adjust the rental rate based on changes in market conditions and ensures that they are fairly compensated for the cost of furnishing the property.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_benefits_of_renting_out_a_furnished_property\"><\/span>What are the benefits of renting out a furnished property?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nRenting out a furnished property can attract tenants who are looking for convenience and a hassle-free living experience. Additionally, furnished rentals tend to have shorter vacancy periods and can command a higher rental rate compared to unfurnished properties.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_downsides_of_renting_out_a_furnished_property\"><\/span>What are the downsides of renting out a furnished property?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nThe main downside of renting out a furnished property is the cost of furnishing and maintaining the furnishings. Landlords also run the risk of having their furnishings damaged or stolen by tenants.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Should_I_include_utilities_in_the_rental_rate_for_a_furnished_property\"><\/span>Should I include utilities in the rental rate for a furnished property?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nIt is common practice to include utilities in the rental rate for a furnished property. This simplifies the rental process for tenants and allows landlords to recoup some of the additional costs associated with furnishing the property.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_can_I_determine_an_appropriate_rental_rate_for_a_furnished_property\"><\/span>How can I determine an appropriate rental rate for a furnished property?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nLandlords can determine an appropriate rental rate for a furnished property by researching similar properties in the area, considering the quality of the furnishings, and gauging market demand.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Do_I_need_to_provide_a_separate_lease_agreement_for_a_furnished_rental\"><\/span>Do I need to provide a separate lease agreement for a furnished rental?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nIt is recommended to have a separate lease agreement for a furnished rental that clearly outlines the terms and conditions of the rental, including details about the furnishings and responsibilities of both the landlord and tenant.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_should_I_handle_security_deposits_for_furnished_rentals\"><\/span>How should I handle security deposits for furnished rentals?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nLandlords should collect a security deposit from tenants renting a furnished property to cover any damages or missing items. It is advisable to conduct a thorough inspection of the property before and after the tenancy to document any damages.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_furnishings_should_I_include_in_a_furnished_rental\"><\/span>What furnishings should I include in a furnished rental?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nCommon furnishings that landlords include in a furnished rental are a bed with a mattress, sofa, dining table and chairs, dresser, and basic kitchen essentials. The goal is to provide tenants with the essentials for living comfortably.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_often_should_I_update_the_furnishings_in_a_furnished_rental\"><\/span>How often should I update the furnishings in a furnished rental?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nLandlords should aim to update the furnishings in a furnished rental every 5-7 years to keep the property looking fresh and appealing to potential tenants. Updating furnishings can also help justify a higher rental rate.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Should_I_hire_a_professional_staging_company_to_furnish_my_rental_property\"><\/span>Should I hire a professional staging company to furnish my rental property?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nHiring a professional staging company to furnish a rental property can be a good investment, especially if the property is in a competitive market. Professional staging can help showcase the property in the best light and attract high-quality tenants.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_some_tips_for_marketing_a_furnished_rental_property\"><\/span>What are some tips for marketing a furnished rental property?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nWhen marketing a furnished rental property, landlords should highlight the convenience of a furnished rental, showcase the quality of furnishings, and use high-quality photos to attract potential tenants. Additionally, landlords can target specific demographics such as corporate renters or students looking for a turnkey living solution.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>One of the common questions that landlords and property managers face when preparing a rental property is how much extra to charge for a furnished rental. The answer can vary depending on various factors such as location, the quality of furnishings, and market demand. Typically, landlords can charge anywhere from 10% to 30% more for &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"How much extra to charge for furnished rental?\" class=\"read-more button\" href=\"https:\/\/namso-gen.co\/blog\/how-much-extra-to-charge-for-furnished-rental\/#more-143284\">Read more<span class=\"screen-reader-text\">How much extra to charge for furnished rental?<\/span><\/a><\/p>\n","protected":false},"author":33,"featured_media":107420,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86279],"tags":[],"class_list":["post-143284","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-learn","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How much extra to charge for furnished rental?<\/title>\n<meta name=\"description\" content=\"One of the common questions that landlords and property managers face when preparing a rental property is how much extra to charge for a furnished rental.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/namso-gen.co\/blog\/how-much-extra-to-charge-for-furnished-rental\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How much extra to charge for furnished rental?\" \/>\n<meta property=\"og:description\" content=\"One of the common questions that landlords and property managers face when preparing a rental property is how much extra to charge for a furnished rental.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/namso-gen.co\/blog\/how-much-extra-to-charge-for-furnished-rental\/\" \/>\n<meta property=\"og:site_name\" content=\"Namso Gen Blog - 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