Many young consumers turn to online furniture rental companies for the trendy pieces they desire but want to avoid committing to. Furniture rentals give millennials access to convenient IG-worthy living rooms and the flexibility to swap out pieces when their tastes change.
1. Convenience
Furniture rental has existed for centuries, but this latest generation of renters is driving it forward. From housing and clothing to entertainment, furniture, food delivery and beyond, millennials choose low-commitment options whenever possible. They’re opting for rental properties and subscription services for everything from streaming to fitness and furniture-as-a-service companies.
These new renters aim to eliminate the hassle and expense of purchasing or transporting large pieces of furniture. With a little research, finding affordable and convenient furniture rentals in your area is easy.
Most college students have determined preferred furniture rental packages since they need convenience when furnishing their apartments. Between classes, extracurriculars and juggling a social life, it’s easy for their lives to be in flux. They could spend months or years trying to piece together a furniture set that doesn’t match or rely on roommates to provide the necessary pieces for their apartment.
2. Flexibility
Whether you’re looking to upgrade your living space or spruce up your apartment for staging, renting furniture allows you to do so without a huge financial commitment. Furniture rental companies offer month-to-month leases, allowing you to swap pieces for a new look, renew your contract, or buy your pieces when your lease ends. Many millennials are in a stage where they need clarification on their career paths or how long they want to stay in their current home.
They may be on a temporary work assignment or waiting for their permanent furniture to be delivered. Buying a complete set of furniture and appliances is only sometimes feasible given their circumstances, so they opt for flexible rent-to-own plans instead. Furniture rentals are also great for the environment because fewer pieces mean less waste. It’s estimated that nine million tons of furniture are thrown out annually in the US.
Most of that is discarded before it’s even worn down, which makes the case for renting sustainable furniture more compelling than ever. Today, many companies offer a modern, on-trend selection of furnishings with low package fees. It’s no wonder that these services are gaining in popularity among millennials. The perks of leasing furniture for short or long-term leases are too tempting to pass up.
3. Budget
A furniture rental company may offer a low package fee that is more affordable than buying the piece of furniture at full price. This is a budget benefit that is particularly attractive to millennial shoppers. In some cases, renting furniture is the only way to afford a quality collection of furnishings. For example, many millennials live in shared housing and may need more funds to purchase furniture.
This is why furniture rental companies offer various package options and rent-to-own schemes that allow customers to move on from their pieces with the option of ownership. Furniture rental is also a great budget choice for people who know they will live in a particular home or apartment for a short time. This can be the case for students, people on temporary work contracts, or anyone moving into a new place to live and wanting to furnish it immediately.
In addition to allowing them to have the best furnishings without spending their entire savings, this also allows them to test out trendy designs and see whether they work in their homes. They can always return them and find something better suits their tastes if they do not. This freedom is not available to those who buy their furniture since they are stuck with it for the rest of their lives.
4. Mobility
Most people have to endure a move at some point in their lives. For those that do, it often involves the familiar list of challenges: deciding what items will make it to the new home, coordinating with movers and scheduling appointments, and then unpacking everything once it arrives. With furniture rental, that process is much less stressful. The furniture rental industry is booming because it serves the needs of a generation that values mobility.
Companies that offer this service focus on offering a wide selection of pieces, quick delivery times, and flexible pricing. They also aim to reduce their environmental impact. This is achieved through recycling, where old furniture is given a second life instead of ending up in landfills.
Typically, these businesses offer a variety of furniture types and brands for customers to choose from. Some are direct-to-consumer, while others have a more retail-focused approach. The latter has a national presence with stores nationwide and a more robust rent-to-own option.
The biggest advantage of furniture rental is that it allows people to avoid the wait to buy new items. This is especially true when ordering online because many companies have a quicker turnaround time. It can be the difference between a smooth relocation and a frustrating delay.
