Furnished vs. Unfurnished Rentals: What Gets Higher Returns?

One of the most important decisions you’ll make is whether to rent your property furnished or unfurnished. Each option attracts different tenants, affects your vacancy rate, and impacts your overall return on investment (ROI).

🛋 Furnished Rentals: Higher Rent, More Work

Furnished rentals typically command 15–25% higher monthly rent, especially in desirable Las Vegas areas or near major employment hubs. They appeal to:

• Corporate tenants, travelling professionals, or short-term renters.
  
  

• Relocating families or students seeking turnkey convenience.

Pros:
✅ Higher rent potential
✅ Faster leasing in short-term or transient markets
✅ Possible tax deductions for furnishings and upkeep

Cons:
⚠️ Higher upfront cost (furniture, décor, appliances)
⚠️ More wear-and-tear and frequent maintenance
⚠️ Shorter leases and higher turnover

Best for: Owners targeting flexibility, premium pricing, or shorter-term tenants (6–12 months).

🏠 Unfurnished Rentals: Stability and Simplicity

Unfurnished rentals remain the most common choice in the Las Vegas Valley — and for good reason. They attract long-term tenants who bring their own furniture, often staying for 2 years or more, reducing turnover and vacancy losses.

Pros:
✅ Lower upfront investment
✅ Less maintenance and liability
✅ Attracts stable, long-term residents

Cons:
⚠️ Lower monthly rent compared to furnished units
⚠️ Less appeal to short-term or corporate renters

Best for: Owners prioritizing long-term stability, minimal costs, and lower management demands.

💡 What We’ve Seen in the Las Vegas Market

Based on RentMor’s portfolio data and experience:

• Furnished rentals perform best in high-end, centrally located communities or when targeting executives, relocators, and professionals.
  
  

• Unfurnished rentals dominate suburban and family-oriented areas, where tenants value personalization and long leases.
  
  

• A hybrid strategy (partially furnished key areas like living and dining rooms) can balance rent premium with stability.
  
  

📈 Our Recommendation

The key is matching your property’s location, audience, and investment goals. If you’re aiming for maximum flexibility and higher short-term returns, go furnished. If your goal is steady cash flow and low management stress, stay unfurnished. Either way, tracking rent, vacancy, and maintenance costs will tell you exactly what works best.

If you’re ready to take your rental strategy to the next level, visit RentMor.com or contact Cassie Mor at (702) 501-1085.