From a financial perspective, let’s look at the June 2025 Rent Report to see how furnished and unfurnished rentals compare across Metro Vancouver.
The Numbers: Furnished vs. Unfurnished
Across the region, furnished rentals consistently earn a premium. Here’s how 1-bedroom units stack up:
| City | Furnished Avg. Rent | Unfurnished Avg. Rent | % Premium |
| Vancouver | $2,991 | $2,686 | +11.4% |
| North Vancouver | $2,764 | $2,598 | +6.4% |
| Burnaby | $2,388 | $2,249 | +6.2% |
| Richmond | $2,522 | $2,384 | +5.8% |
| Coquitlam | $2,467 | $2,436 | +1.3% |
On average, landlords can earn 5–11% more per month on a furnished 1-bedroom rental—equating to
an extra $2,500 to $3,500 annually, depending on the location.
Other Factors to Consider
- Higher Turnover
Furnished units often attract short-term tenants, which can lead to more frequent turnover,
vacancy gaps, and higher management needs. - More Wear & Tear
Furniture and appliances will experience regular use and may need replacing sooner. - Potentially Smaller Rental Pool
Many long-term tenants have their own furniture, furnished units can limit your audience if tenants
would need to store their belongings.
Final Take
So, is furnishing your rental worth it? It depends. In some situations, the upside can absolutely make sense—especially if the property is already furnished with items you’re not emotionally tied to, or if storing them would be a hassle.
When location, demand, and flexibility align, the added income from a furnished unit can outweigh the extra effort and cost.
Looking for advice on your particular situation? Contact us at info@brixpm.ca.