When New Yorkers run out of square footage in their infamously small apartments, they turn to sidewalks. Residents of all five boroughs throw out what they don’t absolutely need, making the most of their limited space.
We had the opposite problem.
My girlfriend and I were trying to furnish the whole floor of a Brooklyn brownstone. Doing it with less than $1,000 in America’s most expensive city to live? That’s no small feat, especially when you don’t want to get stuck with bargain items that will cost you more over time.
5 ways we found cheap (or free) furniture
The average American renter in 2016 spent $4,035 on their home (not including rent), a 6.1 percent increase from the year before, according to the Bureau of Labor Statistics.
In New York City, you can spend half of that on your new bedroom if you’re not careful.
We trimmed costs using five strategies.
1. Skimming Craigslist
Craigslist is a free online classifieds website and is a popular option for finding apartments. It can also be a good one for filling them.
Like with all Craigslist transactions, however, you’ll want to proceed cautiously. We drove to strangers’ homes, knocked on their door, and haggled over their used stuff. It’s not exactly as safe as going to Macy’s.
We bought four bigger pieces of furniture:
- $25: Drawers from a man in a Financial District high-rise
- $100: Couch from a young couple in Park Slope, Brooklyn
- $100: Set of barstools from a woman in Midtown East
- $150: Dining set from an older couple in Downtown Brooklyn
Before buying in each case, we looked up the value of the product online. The drawers we liked were retailing for more than $125 at The Container Store, for example.
We also had a cautious friend inspect each item for bed bugs, an epidemic in these parts. Then, we handed over the cash and carried our newish pieces to the back of our pickup truck.
Buying used furniture is not for everyone. In our case, buying new just wasn’t as attractive an option. We visited Jennifer Convertibles and the Northeastern chain Raymour & Flanigan and asked about clearance items and floor models.
Ultimately, we decided that it didn’t make sense to spend four figures to bring a couch into a four-floor walk-up. Even a Presidents Day sale didn’t make a store the best place to finance furniture.
Bonus tip: If you’re open to the idea of using online classifieds for your next move, you might prefer the more sophisticated site Chairish. Like eBay, however, it’ll show listings that are further from your location, limiting the opportunity to try before you buy.
2. Sticking to a list
After spending $375 on Craigslist finds, my girlfriend and I made a list of what we had left to buy. It wasn’t short.
Although we kept much of our artwork, photo frames, and posters from our previous apartments, we now had a lot more wall space to fill. We also needed some essentials after sharing them with past roommates.
Here’s what we purchased at IKEA:
- $1.99: Kitchen clock
- $9.99: Bathmat
- $19.98: Two wall shelves
- $19.99: Floor lamp
- $19.99: Set of plates and bowls
- $379: Bed frame with drawers
Admittedly, some (frustrating) assembly was required on our IKEA bed frame. But the cost in time and money was still better than forking over another $200 to an online retailer like Wayfair.
We also bought a $10.99 hamper at Marshalls and a $149 wall map on Amazon. That brought our spending total to about $986 before taxes.
Bonus tip: Next time you’re on the move, consider the $750 in change-of-address discounts that the USPS delivers to your inbox. It could mean good deals on furniture and decorations at big wholesalers like Overstock.com, Lowe’s, Home Depot, and Target.
You could also be in luck if you live close enough to a clearance center or furniture warehouse or are a member of Costco or Sam’s Club.
3. Recycling old wares
Using the latest data available, FiveThirtyEight estimates that the average American will move 11.3 times in their lifetime.
Already moving into my 15th home, I have become used to the idea of taking my old stuff with me — and so has my girlfriend. For our most recent move, our collective hoarding meant we didn’t have to spend on these items:
- Storage cabinet
- Shoe cubby
- Key rack
Going one step further, we also asked our new apartment’s previous tenant to leave any unwanted furniture behind, knowing that we could dispose of it ourselves. The tenant offered up a TV stand, a desk, and an office chair.
Bonus tip: It helps to split expenses with a significant other, but any type of roommate divides up the burden. Plus, when you’re not cheap, it can pay off. The items last longer. I’ve had a finely crafted nightstand since high school, for example.
4. Mooching off friends
We’re not big on social media, but word spread that my girlfriend and I were taking the big step of moving in together. Then came the gifts, including an antique armoire from a friend and living room chairs from parents.
We like that some of our friends and family had a hand in decorating our home because they get to enjoy it when they visit.
Bonus tip: There’s no shame in asking for help from those closest to you. Short of calling for freebies on Facebook, for example, you might use an upcoming birthday to put together a furniture wish list.
5. Hunting for discounts and donations
Without taking frugality too far, we did our fair share of browsing at The Salvation Army and Goodwill.
New York City — and Brooklyn, specifically — also has a culture of flea markets and stoop sales. New Yorkers are even fond of leaving unwanted items, from books to deconstructed bed frames, on the street.
New York City, for its part, advises residents to use donateNYC to avoid creating more garbage than necessary.
My favorite find was an IKEA side table that retails for $49.99. It’s made of metal, which alleviated concerns of infestation.
There might even be an online group specific to your needs. One of our Brooklyn friends, for example, belongs to a Yahoo group where moms pass on free strollers, cribs, and other baby-related items to neighbors.
If you have trouble finding a group, see what’s listed near you on The Freecycle Network.
Budgeting for your next move
Whether you live in New York City or Albuquerque, New Mexico, you’re probably working under the assumption that new furniture will be a big-ticket line in your moving budget.
But unless you’re going for upscale chic, stop worrying about the best place to finance furniture or the merciless judgment of interior decorators.
There are ways to fill up your new home without spending more than you should, and you don’t have to move to a cheaper city to save.
Interested in refinancing student loans?Here are the top 6 lenders of 2018!
|Lender||Variable APR||Eligible Degrees|
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1 Important Disclosures for Earnest.
To qualify, you must be a U.S. citizen or possess a 10-year (non-conditional) Permanent Resident Card, reside in a state Earnest lends in, and satisfy our minimum eligibility criteria. You may find more information on loan eligibility here: https://www.earnest.com/eligibility. Not all applicants will be approved for a loan, and not all applicants will qualify for the lowest rate. Approval and interest rate depend on the review of a complete application.
Earnest fixed rate loan rates range from 3.89% APR (with Auto Pay) to 7.89% APR (with Auto Pay). Variable rate loan rates range from 2.47% APR (with Auto Pay) to 6.97% APR (with Auto Pay). For variable rate loans, although the interest rate will vary after you are approved, the interest rate will never exceed 8.95% for loan terms 10 years or less. For loan terms of 10 years to 15 years, the interest rate will never exceed 9.95%. For loan terms over 15 years, the interest rate will never exceed 11.95% (the maximum rates for these loans). Earnest variable interest rate loans are based on a publicly available index, the one month London Interbank Offered Rate (LIBOR). Your rate will be calculated each month by adding a margin between 1.82% and 5.50% to the one month LIBOR. The rate will not increase more than once per month. Earnest rate ranges are current as of Month/Day/Year, and are subject to change based on market conditions and borrower eligibility.
Auto Pay discount: If you make monthly principal and interest payments by an automatic, monthly deduction from a savings or checking account, your rate will be reduced by one quarter of one percent (0.25%) for so long as you continue to make automatic, electronic monthly payments. This benefit is suspended during periods of deferment and forbearance.
The information provided on this page is updated as of 08/21/18. Earnest reserves the right to change, pause, or terminate product offerings at any time without notice. Earnest loans are originated by Earnest Operations LLC. California Finance Lender License 6054788. NMLS # 1204917. Earnest Operations LLC is located at 302 2nd Street, Suite 401N, San Francisco, CA 94107. Terms and Conditions apply. Visit https://www.earnest.com/terms-of-service, email us at firstname.lastname@example.org, or call 888-601-2801 for more information on ourstudent loan refinance product.
© 2018 Earnest LLC. All rights reserved. Earnest LLC and its subsidiaries, including Earnest Operations LLC, are not sponsored by or agencies of the United States of America.
2 Important Disclosures for Laurel Road.
Laurel Road Disclosures
APR stands for “Annual Percentage Rate.” Rates listed include a 0.25% EFT discount, for automatic payments made from a checking or savings account. Interest rates as of 11/8/2018. Rates subject to change.
Variable rate options consist of a range from 3.27% per year to 6.09% per year for a 5-year term, 4.64% per year to 6.14% per year for a 7-year term, 4.69% per year to 6.19% per year for a 10-year term, 4.94% per year to 6.44% per year for a 15-year term, or 5.19% per year to 6.69% per year for a 20-year term, with no origination fees. APR is subject to increase after consummation. The variable interest rate will change on the first day of every month (“Change Date”) if the Current Index changes. The variable interest rates are based on a Current Index, which is the 1-month London Interbank Offered Rate (LIBOR) (currency in US dollars), as published on The Wall Street Journal’s website. The variable interest rates and Annual Percentage Rate (APR) will increase or decrease when the 1-month LIBOR index changes. The variable interest rates are calculated by adding a margin ranging from 0.98% to 3.80% for the 5-year term loan, 2.35% to 3.85% for the 7-year term loan, 2.40% to 3.90% for the 10-year term loan, 2.65% to 4.15% for the 15-year term loan, and 2.90% to 4.40% for the 20-year term loan, respectively, to the 1-month LIBOR index published on the 25th day of each month immediately preceding each “Change Date,” as defined above, rounded to two decimal places, with no origination fees. If the 25th day of the month is not a business day or is a US federal holiday, the reference date will be the most recent date preceding the 25th day of the month that is a business day. The monthly payment for a sample $10,000 loan at a range of 3.27% per year to 6.09% per year for a 5-year term would be from $180.89 to $193.75. The monthly payment for a sample $10,000 loan at a range of 4.64% per year to 6.14% per year for a 7-year term would be from $139.65 to $146.76. The monthly payment for a sample $10,000 loan at a range of 4.69% per year to 6.19% per year for a 10-year term would be from $104.56 to $111.98. The monthly payment for a sample $10,000 loan at a range of 4.94% per year to 6.44% per year for a 15-year term would be from $78.77 to $86.78. The monthly payment for a sample $10,000 loan at a range of 5.19% per year to 6.69% per year for a 20-year term would be from $67.05 to $75.68.
However, if the borrower chooses to make monthly payments automatically by electronic funds transfer (EFT) from a bank account, the variable rate will decrease by 0.25%, and will increase back up to the regular variable interest rate described in the preceding paragraph if the borrower stops making (or we stop accepting) monthly payments automatically by EFT from the designated borrower’s bank account.
3 Important Disclosures for SoFi.
4 Important Disclosures for LendKey.
Refinancing via LendKey.com is only available for applicants with qualified private education loans from an eligible institution. Loans that were used for exam preparation classes, including, but not limited to, loans for LSAT, MCAT, GMAT, and GRE preparation, are not eligible for refinancing with a lender via LendKey.com. If you currently have any of these exam preparation loans, you should not include them in an application to refinance your student loans on this website. Applicants must be either U.S. citizens or Permanent Residents in an eligible state to qualify for a loan. Certain membership requirements (including the opening of a share account and any applicable association fees in connection with membership) may apply in the event that an applicant wishes to accept a loan offer from a credit union lender. Lenders participating on LendKey.com reserve the right to modify or discontinue the products, terms, and benefits offered on this website at any time without notice. LendKey Technologies, Inc. is not affiliated with, nor does it endorse, any educational institution.
5 Important Disclosures for CommonBond.
Offered terms are subject to change. Loans are offered by CommonBond Lending, LLC (NMLS # 1175900). If you are approved for a loan, the interest rate offered will depend on your credit profile, your application, the loan term selected and will be within the ranges of rates shown.
All Annual Percentage Rates (APRs) displayed assume borrowers enroll in auto pay and account for the 0.25% reduction in interest rate. All variable rates are based on a 1-month LIBOR assumption of 2.28% effective October 10, 2018.
6 Important Disclosures for Citizens Bank.
Citizens Bank Disclosures
|2.47% – 6.99%3||Undergrad & Graduate|
|2.57% – 6.97%1||Undergrad & Graduate|
|2.51% – 8.09%4||Undergrad & Graduate|
|3.02% – 6.44%2||Undergrad & Graduate|
|2.50% – 7.24%5||Undergrad & Graduate|
|2.79% – 8.39%6||Undergrad & Graduate|