How To Furnish Your Apartment on a Budget: Get Ready to Save Hundreds (2024)


This post is all about how to furnish your apartment on a budget!

Just moved into your first apartment and looking for budget friendly furniture and decor!? I’m sharing all our inside tips on how we furnished our apartment on a budget, where we shopped for affordable decor, and how we made our place feel like home!

My boyfriend and I moved in together last August, two years out of college, and we furnished our entire place with pieces we love all within a strict budget. It can be really hard to find quality decor and furniture for a reasonable price so I wanted to share how we did it and how you can too!

How To Furnish Your Apartment on a Budget: Get Ready to Save Hundreds (1)

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Before I get into the tips, just know that it takes time to accumulate furniture and decor for your place, whether it’s your first apartment or a new home. You can’t buy everything all at once! I know how hard it can be to see all the Pinterest-worthy decor and want your place to look exactly like that. Trust me, I felt the same way. But, furnishing an entire apartment is expensive, so just know that with time you’ll be able to do it.

Want to see everything we’ve bought for our apartment? Click here to Shop Our Home!

Here are my top tips on how to furnish your apartment on a budget!

1. Make a List of Wants and Needs

First thing we did about 5 months before we moved into our apartment was make a list of items we owned, wanted and needed. We created a Google Sheet that we could both add to whenever we thought of ideas. I suggest doing this if you’re moving in with your significant other or have roomies! This will make it so easy for everyone to see what you already own and what still needs to be bought.

Focus on finding all the items you need to buy, before you focus on buying any decor or non-essential pieces for your place! Here’s a list of 25 essential apartment items to get you started.

2. Furnish over time

Furnishing an apartment can be extremely expensive, especially if you’re starting from scratch. Take your time and buy the absolute essential pieces first. In my mind, a bed would be the most essential item. Everything else can wait.

You don’t NEED a coffee table. You don’t need two matching nightstands. Those are all things that you can buy once you save more money. Refer back to your Wants vs. Needs list you made; what items can you wait to buy?

3. Check Facebook Marketplace

FB marketplace or Craigslist can be a great way to find furniture pieces for cheap! I like to look on FB marketplace for desks, coffee tables, nightstands, TV consoles, and things that don’t have fabric. I’m kind of skeptical about buying couches, chairs, mattresses, bar stools and anything like that just because you don’t know what it’s been through.

Back in college, we did get a really nice sofa and couch for $100 off Craigslist, but I don’t think I’d do that again!

If you’re up for a DIY project, you can find furniture from FB or Craigslist and easily paint or update the pieces to fit your style which will make them feel brand new.

Want a free monthly budgeting template!? Download the exact budgeting sheet I use to organize my finances!

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4. Find furniture in your neighborhood or on the street

Would you believe the sectional, chair and ottoman we have in our living room was found on the side of the street in my parents’ neighborhood!? My neighbors were dragging the sectional set out of their house and my dad saw, so we ran down the street to grab it!

It is in such great condition too! In the summer months, I highly recommend keeping your eyes open for furniture on the side of the road. You can find some good things!

We actually ended up finding a set of four patio chairs, another couch, a nightstand and artificial trees as well! I swear we’ve had such good luck finding furniture in our neighborhood.

5. Ask friends, family, and coworkers

A ton of our furniture is actually from friends and family that we’ve accumulated over the last two years. When we first moved into our apartment our coffee table, nightstands, tall dresser, and desk were all my boyfriends’ college roommates’ old furniture. We had two TV stands- one from my Grandma and one from my dad’s coworker and a chest from my old roommate and two lamps from my Aunt.

As you can see, almost all of our furniture was given to use from people we knew! This really helped us out, so we didn’t have to buy all the furniture all at once.

If you know family or friends that are getting rid of furniture, I’m sure they’d be happy to give it to you. There’s no harm in asking and it can save you a TON of money when you first move in.

6. Shop All the Sales

We’ve found the best deals for furniture and home decor on the Day After Thanksgiving, Memorial Day and Labor Day! I watch for sales year round, and those are the specific sales that we’ve found the best deals on furniture. We bought both our living room TV and console for under $400 on the Friday after Thanksgiving. What a steal!

So, if you’re looking for bigger furniture pieces similar to those, I recommend waiting to buy if you can. That’s what we did! We moved in mid August and we used our old college furniture for a few months until November when the sales were so good!

The Best Places to Shop for Budget Friendly Furniture!

Okay, let’s talk about the best places to shop for furniture and home decor!

Where to Buy Furniture

We’ve found tons of budget friendly furniture pieces from Amazon, Nathan James, Target, Walmart and Home Depot. If you want to shop the pieces we’ve bought for our home, I’ve linked all of our furniture here!

Where to Buy Decor Pieces

There are so many stores to shop at for affordable decor pieces! Here are a few of my favorites: HomeGoods, T.J.Maxx, Target, Walmart, Marshalls, Amazon Hobby Lobby, World Market, and Kirkland’s. Recently, I’ve bought a lot from Kirkland’s and Target.

Target recently came out with a Studio McGee Collection and it’s absolutely beautiful! I was shocked at the prices, because they’re so affordable, but the pieces look so expensive!

Looking for more tips on cute (budget friendly) ways to decorate your apartment!? This post shares 10 of the best affordable decor hacks!

My Best Tip for Decorating Your Home: Only Buy Pieces You Truly Love

Lastly, I want to share one of my favorite tips for decorating your home! Which is to only buy pieces you truly love! If you live by this tip, you will fall in love with the place you call home.

Surprisingly, living by this tip has helped me save a lot of money too. Before purchasing anything, I have to make sure I absolutely LOVE what I’m buying. If I’m hesitant or the item doesn’t speak to me, I don’t buy it. This has allowed us to save money and create a home that we both love!

Other Posts you May Like:

25 First Apartment Essentials You Need!

10 Super Cute Ways to Decorate your Apartment on a Budget

10 Simple Fall Decor Pieces We’re Loving!

If you liked this post on how to furnish your apartment on a budget, pin it on Pinterest for later!

How To Furnish Your Apartment on a Budget: Get Ready to Save Hundreds (3)

This post shared my top tips on how to furnish your apartment on a budget!!

How To Furnish Your Apartment on a Budget: Get Ready to Save Hundreds (4)

How To Furnish Your Apartment on a Budget: Get Ready to Save Hundreds (2024)

FAQs

How to set up an apartment on a budget? ›

Your apartment budget should include storage, extra chairs, decor, kitchen supplies, and perhaps a small office space. Relatively inexpensive furniture and household supply sources can include outlet stores, thrift stores, and assemble-it-yourself furniture, as you might find at Walmart or IKEA.

How do I budget to save for an apartment? ›

Saving Money for Your First Apartment

Set Savings Goals: Begin by calculating the total amount you'll need to cover moving expenses: initial costs like security deposits plus additional funds for your monthly budget. Break these down into manageable goals, setting aside a specific amount each month to reach them.

How to furnish on a budget? ›

8 Tips for Furnishing a Home on a Budget
  1. Set a Firm Home Furnishing Budget. ...
  2. Be Willing to Settle. ...
  3. Shop for Furniture Online. ...
  4. Visit Thrift Shops. ...
  5. Keep an Eye Out for Garage Sales. ...
  6. Wait for Holiday Sales. ...
  7. Turn on Price Alerts (Price Watching) ...
  8. Get Creative and DIY.

How much money should you save to furnish an apartment? ›

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!

How can I furnish my small apartment for cheap? ›

How to Furnish a Studio Apartment on a Budget
  1. Set a Furniture Budget. The trick to saving money in any department is setting a budget. ...
  2. Find Multi-Functional Furniture Items. ...
  3. Scour the Streets on Trash Day. ...
  4. Check the Thrift Stores. ...
  5. Check Online Boards. ...
  6. Decorate for Cheap or Free.

How do I financially prepare for an apartment? ›

How to Budget for Your First Apartment
  1. Step 1: Determine Your Income. ...
  2. Step 2: Calculate Fixed Expenses. ...
  3. Step 3: Account for Variable Expenses. ...
  4. Step 4: Plan for One-Time Expenses. ...
  5. Step 5: Create a Monthly Budget. ...
  6. Step 6: Use Budgeting Tools. ...
  7. Step 7: Review and Adjust.
Aug 29, 2023

How do you furnish a rental property on a budget? ›

10 Tips for Furnishing Rental Properties on a Budget
  1. Invest in multipurpose furniture. ...
  2. Create a cohesive look with color. ...
  3. Utilize secondhand furniture. ...
  4. Take advantage of DIY projects. ...
  5. Incorporate wall art. ...
  6. Focus on the details. ...
  7. Use lighting to create ambience. ...
  8. Opt for rental-friendly furniture.
Dec 3, 2022

What is the rule of thumb for furniture budget? ›

One rule of thumb is to spend 20% to 30% of your home's purchase price on furnishings. So, if your home costs $300,000 and you settle on 25% as the benchmark for your furniture budget, you'd be looking at spending $75,000 on furnishings.

How do I organize my room on a budget? ›

Try these three tactics to stay under budget:
  1. Use organizational materials you already have around your home, such as empty tea canisters or well-cleaned jelly jars.
  2. Break the project into short sessions, so you don't feel overwhelmed by changing everything.
  3. Start with your closet, then work your way around the room.
Jan 18, 2023

How much is enough to save for an apartment? ›

How much should you save up for an apartment? As a general rule, you should have at least three times your rent saved before moving into a new apartment. That means that if you're looking to rent an apartment that's $1,200 per month, you should have at least $3,600 saved for rent.

Is $5000 enough to furnish an apartment? ›

The average person spends between $2000 and $5000 to furnish a basic one-bedroom apartment, depending on their style preferences and budget.

How much does a person spend on furniture per month? ›

American households spend an average of $196 per month on household furnishings and equipment, like appliances, furniture and rugs. We spend an additional $70 on housekeeping supplies each month.

What is a realistic apartment budget? ›

So if you earn $3,200 per month before taxes, you could spend about $960 per month on rent. This is a solid guideline, but it's not one-size-fits-all advice. If you live in an affordable area, for example, you shouldn't pass up an apartment renting for $575 per month simply because it's only 18% of your income.

What income do most apartments require? ›

Many apartments require you to have gross monthly income of three times the rent, To figure out how much rent you can afford, list all your other expenses, subtract those from your monthly gross income, and leave a little buffer for one-off expenses.

How much money do you need saved up for an apartment? ›

How much should you save up for an apartment? As a general rule, you should have at least three times your rent saved before moving into a new apartment. That means that if you're looking to rent an apartment that's $1,200 per month, you should have at least $3,600 saved for rent.

What should my apartment budget be? ›

Spending around 30% of your income on rent is the golden rule when you're trying to figure out how much you can afford to pay. Spending 30% of your income on rent can help you reach a healthy balance between comfort and affordability. On a median income, 30% should get you an apartment you can truly call home.

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