By Elizabeth Costa — Top Real Estate Agent in Doral, Florida | The Keyes Company
15+ years of experience · 300+ closed transactions · Bilingual: English & Spanish


How much does it cost to furnish a mid-term rental, and how should it be priced?
Furnishing a one-bedroom mid-term rental in Doral typically runs $8,000–$15,000, a two-bedroom $15,000–$25,000, and a larger unit $25,000–$40,000 or more, depending on finish level. On pricing, most investors set mid-term rent at roughly 20%–40% above the comparable unfurnished long-term market rent, then compare that figure against a short-term nightly rate multiplied by realistic occupancy to confirm the mid-term strategy is the stronger return.

The figures in this guide are general planning ranges based on typical investor experience in the Doral and Miami market, not a guarantee of cost or return. Always confirm current furnishing costs and rental comps with a contractor, designer, and your real estate agent before committing capital.


How Much Does It Cost to Furnish a Mid-Term Rental?

Furnishing budgets vary by unit size and finish level, but most Doral and Miami investors plan within these general ranges:

Unit Size Typical Furnishing Budget
Studio / 1 Bedroom $8,000–$15,000
2 Bedroom $15,000–$25,000
3+ Bedroom $25,000–$40,000+

These ranges include furniture, kitchenware, linens, electronics, and decor, but not appliances, window treatments, or any renovation work. A "business-ready" finish for corporate tenants typically sits at the higher end of each range, while a practical, durable finish aimed at traveling healthcare professionals or insurance-housing tenants can often land at the lower end without hurting bookability.


The Room-by-Room Furnishing Checklist

Bedroom(s): Quality mattress, bed frame, nightstands, dresser, blackout curtains, and at least two full sets of linens per bed so a turnover can happen without delay.

Kitchen: Full cookware set, dishware and flatware for at least four place settings, small appliances (coffee maker, toaster), and basic pantry starter items for the first night.

Living area: Comfortable seating, a coffee table, a smart TV, and reliable high-speed Wi-Fi — non-negotiable for nearly every mid-term tenant profile, from remote-working corporate transferees to traveling clinicians handling paperwork after a shift.

Bathroom: Bath mats, a starter supply of toiletries, and durable, easy-to-clean fixtures that hold up under frequent turnover.

Workspace: A dedicated desk and ergonomic chair — increasingly expected by corporate and project-based tenants who may be working remotely between in-office days.

Laundry & utility: In-unit washer/dryer where possible; this single feature is one of the most consistently requested amenities across every mid-term tenant type covered in our tenant profile guide.

Admin & safety: A digital lock or secure keyless entry, a fire extinguisher, working smoke and carbon monoxide detectors, and a printed welcome guide covering Wi-Fi password, trash schedule, and parking instructions.


Furnishing to Match Your Target Tenant

How you furnish should follow who you expect to rent to. A unit near Doral's corporate corridor aimed at relocating executives benefits from a more polished, neutral, business-ready aesthetic. A unit near the Miami Health District aimed at traveling nurses benefits more from durability and ease of cleaning than from high-end finishes, since shift-working tenants prioritize function over style. A unit positioned for insurance/displaced-homeowner tenants often performs best when furnished to feel like a normal family home — including kid-friendly furniture and enough storage to make an unplanned, stressful move feel as comfortable as possible.

For the full breakdown of tenant types and what each one specifically looks for, see our companion guide: Who Rents Mid-Term in Doral & Miami?


How to Price a Mid-Term Rental

Mid-term rental pricing sits between two reference points: the unfurnished long-term market rent on the low end, and the short-term nightly rate on the high end. Most investors anchor mid-term pricing using this general approach:

  • Start with the comparable unfurnished long-term rent for the unit's size and neighborhood
  • Add a furnished mid-term premium, commonly in the range of 20%–40% above that long-term figure, reflecting the value of being move-in ready with utilities and Wi-Fi typically included
  • Cross-check against the short-term nightly rate multiplied by a realistic occupancy assumption (not 100%) to confirm mid-term pricing is competitive without leaving money on the table
  • Decide what's included — utilities, Wi-Fi, and basic supplies are commonly bundled into the mid-term rate rather than billed separately, which simplifies marketing to corporate and insurance-referred tenants

A Doral Pricing Example, Step by Step

Hypothetical 2-bedroom condo in Doral:

1. Comparable unfurnished long-term rent: roughly $2,800/month
2. Furnished mid-term premium at 30%: approximately $3,640/month
3. Short-term nightly comparison: a $150/night short-term rate at 65% realistic occupancy nets roughly $2,925/month before significantly higher cleaning, turnover, and platform fees
4. Result: in this hypothetical, the mid-term rate captures a premium over long-term rent while avoiding the higher turnover costs and occupancy volatility of a short-term strategy

This is an illustrative example only — actual comparable rents, achievable premiums, and occupancy will vary by building, condition, and season. Run the numbers on your specific property before committing.


Common Furnishing & Pricing Mistakes

  • Overfurnishing with fragile, high-maintenance pieces that don't hold up to the wear of frequent tenant turnover
  • Underpricing out of fear of vacancy, which leaves the furnished premium on the table without meaningfully reducing time-to-fill
  • Forgetting to budget for turnover costs — professional cleaning, linen replacement, and minor repairs between tenants add up over a year of multiple mid-term turnovers
  • Not confirming the HOA or condo's minimum lease length before furnishing — see our HOA & condo rules guide before you spend a dollar on furniture
  • Marketing the same way to every tenant type instead of adjusting photos, description, and furnishing emphasis based on whether you're targeting corporate, healthcare, or insurance-referred tenants

How to Furnish and Price Your Property

  1. Identify your target tenant pool first based on the property's location relative to Doral's corporate corridor or Miami's Health District.

  2. Set a furnishing budget appropriate to the unit size and the finish level that tenant pool expects.

  3. Furnish room by room, prioritizing Wi-Fi, an in-unit washer/dryer, and a quality mattress — the items mid-term tenants consistently rank highest.

  4. Pull a comparable unfurnished long-term rent for the unit's size and neighborhood as your pricing baseline.

  5. Apply a furnished mid-term premium and cross-check it against a realistic short-term-rate comparison before finalizing your asking rent.

  6. Decide what's included in the rate — utilities, Wi-Fi, and basic supplies — and state that clearly in your listing to reduce back-and-forth with prospective tenants.



Frequently Asked Questions

How much does it cost to furnish a mid-term rental in Doral?

Typical planning ranges run $8,000–$15,000 for a studio or one-bedroom, $15,000–$25,000 for a two-bedroom, and $25,000–$40,000 or more for larger units, depending on finish level. Actual costs vary by furniture quality, unit condition, and tenant target.

How much more can I charge for a furnished mid-term rental versus an unfurnished lease?

Many investors target roughly a 20%–40% premium over the comparable unfurnished long-term market rent, though the achievable premium depends on location, finish level, and how strong the local mid-term tenant pool is.

Should I include utilities and Wi-Fi in the mid-term rental rate?

Most mid-term rentals bundle utilities, Wi-Fi, and basic supplies into a single all-in rate. This simplifies the listing and matches what corporate and insurance-referred tenants typically expect when comparing options to a corporate housing provider.

What furniture items matter most to mid-term tenants?

Reliable high-speed Wi-Fi, an in-unit washer/dryer, and a quality mattress consistently rank as the top priorities across every mid-term tenant profile, ahead of higher-end decor or luxury finishes.

How do I know if mid-term pricing beats a short-term rental strategy on my property?

Compare your projected mid-term monthly rent against a realistic short-term nightly rate multiplied by an honest occupancy estimate — not 100% — and factor in the higher cleaning, turnover, and platform fees that come with frequent short-term bookings before deciding which strategy wins for your specific unit.


Ready to Turn a Property Into a Mid-Term Rental?

Let's run the numbers on your specific property — furnishing budget, realistic mid-term pricing, and projected return — before you spend a dollar.

Call or Text (786) 949-3971
Elizabeth Costa, Realtor — FL Lic. #3234205
The Keyes Company · 4191 NW 107th Ave, Doral, FL 33178
elizabethcosta@keyes.com · Schedule a Consultation
Serving Doral, Miami, Coral Gables, and Pinecrest
Elizabeth Costa, Top Real Estate Agent in Doral and Miami, Florida Elizabeth Costa, Realtor — FL Lic. #3234205
Top Real Estate Agent in Doral, Florida | The Keyes Company
(786) 949-3971
elizabethcosta@keyes.com
📅 Schedule a private consultation
15+ years · 300+ closed transactions · Bilingual EN/ES
Office: 4191 NW 107th Ave, Doral, FL 33178
Serving Doral, Miami, Coral Gables, and Pinecrest