Furnishing Tips for Renting to College Students: Budget $9,000

[Seth Baumgartner]

Hi BiggerPockets Community,

I'm preparing to rent out a 2-bedroom, 1-bathroom unit to college students and would love some advice on how to furnish it effectively. What are the essential pieces of furniture and amenities I should include to make the unit attractive and functional for college students? Additionally, I'd appreciate any tips on balancing cost-effectiveness with durability. I currently have $9,000.00 to work with.

Thanks in advance for your insights!

[Ron H.]

Quote from @Ron H.:

Quote from @Seth Baumgartner:

Hi BiggerPockets Community,

I'm preparing to rent out a 2-bedroom, 1-bathroom unit to college students and would love some advice on how to furnish it effectively. What are the essential pieces of furniture and amenities I should include to make the unit attractive and functional for college students? Additionally, I'd appreciate any tips on balancing cost-effectiveness with durability. I currently have $9,000.00 to work with.

Thanks in advance for your insights!

$9,000. ?????

I'm probably usually closer to $500 for reasonable furnishings.  Students completely responsible for bedrooms.  I provide leather sofa and chair, end tables.  One TV. Dining table and chairs, maybe a high table and stools depending on layout.  Microwave, toaster.  If you look around you can get very good stuff on Craigslist and Facebook.  OK, with washer/dryer I am maybe closer to $800.  Possibly add can opener, utensils, corian and plastic glasses.  I tended to not add dishware.  That way less issues on who's dirty dishes. 

I used to rent by the room in UCF area, but long term rentals are less work.

I would also furnish internet/wifi service.