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Lifestyle
Andrea Carrillo

Millennials suddenly want to rent furniture. Why?

Julian Thomas doesn’t plan on owning any furniture in his next Brooklyn apartment, at least for the first six months he’s there. It’s not an act of minimalism, and it’s not because he can’t afford to furnish it, but because he’s joining a wave of young people who would rather rent than buy their home decor.

Some of the major moving costs like rent, utilities, and transportation can put a heavy strain on finances even before taking new furniture into account, which can be anywhere from $3,500 to $5,800 for an apartment and at least $16,000 for a house. Because of the financial pressure that comes with relocating, many are using rental services to their advantage.

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