Quick Answer
Furnished apartments in Lahore usually earn higher monthly rent than unfurnished ones and attract expats, corporate staff and short stay guests. They also cost more to set up and keep up. An unfurnished unit gives lower but steadier income with less work. For most investors, a furnished apartment let on monthly or longer stays is the best balance. Nightly Airbnb style letting only beats it if you can keep occupancy well above Lahore’s average.
Why Investors Compare Furnished Apartments in Lahore
More buyers now ask one simple question: should I furnish the flat or rent it out empty? Furnished apartments in Lahore have grown fast in areas like DHA, Gulberg and Bahria Town. Below, we compare real listing rents, short stay data, costs and tax basics, so you can pick the option that fits your money and your time.
What Furnished and Unfurnished Mean in Pakistan
What a Furnished Apartment Includes
A furnished apartment usually comes with:
- Beds, a sofa, a dining set and wardrobes
- Kitchen appliances, often a fridge and a stove
- Air conditioners and curtains
- Often a TV and Wi Fi
What an Unfurnished Apartment Includes
An unfurnished apartment usually has only built in fittings, such as cabinets and bathroom fixtures. An expat guide notes that both types exist in Pakistan, but unfurnished rentals are more common.
Furnished Apartment Rent in Lahore: Real Numbers
Listing Rents by Area
These are asking rents from live Zameen.com listings, checked in October 2026. They show what owners are asking, not final agreed rents.
| Area | Furnished example | Unfurnished example |
|---|---|---|
| Bahria Town, Sector C (1 bed, 550 sq ft) | PKR 45,000/month | PKR 33,000/month |
| Bahria Town (1 bed, furnished range) | PKR 43,000 to 65,000/month | Not listed |
| Gulberg (1 bed, 500 sq ft) | PKR 1.15 lakh/month | Not listed |
| DHA Phase 5, Penta Square (studio, 517 sq ft) | PKR 1.6 to 1.7 lakh/month | Not listed |
| DHA Phase 8, Air Avenue (2 bed, 1,125 sq ft) | PKR 1.6 lakh/month | Not listed |
| Lake City Main Boulevard (1 bed, 675 sq ft) | PKR 1.2 lakh/month | Not listed |
Sources: Zameen Bahria Town 1 bed rentals, Zameen 1 bed Lahore rentals, Zameen studio rentals, Zameen DHA flats, Zameen Lake City flats
The Furnished Premium in One Matched Pair
The Bahria Town pair is the cleanest comparison: same sector, same size, same agency. There, furnishing added PKR 12,000 a month, about 36% more rent. That is one pair, not a city average. Still, it lines up with Zameen’s own note that a fully furnished flat usually rents for more than an unfurnished one.
Pine Avenue Rents
Pine Avenue does not yet have enough rental listings for a solid benchmark. Zameen showed only two 3 bed flats for rent there when we checked. Nearby Lake City’s furnished 1 bed at PKR 1.2 lakh is the closest guide.
Who Rents Furnished Apartments in Lahore?
The Main Furnished Tenant Groups
Furnished tenants are usually people who do not want to buy furniture for a short or medium stay:
- Corporate staff and professionals on postings of a few months to a year.
- Overseas Pakistanis visiting for weddings and holidays. Many prefer a private flat to a hotel.
- Patients and families near big hospitals. Dawn notes that the LDA is planning pedestrian crossings specially for visitors to the new cancer hospital on Pine Avenue.
- Short stay guests booking through Airbnb or OLX daily listings.
Who Rents Unfurnished Apartments
Unfurnished tenants are mostly families who own their furniture and plan to stay for years.
Short Stay Airbnb Furnished Apartments in Lahore
Lahore Airbnb Market Data
Short stays look exciting, but check the data first. The AirROI 2026 dataset, covering August 2025 to July 2026, shows these figures for Lahore:
- 650 active listings
- Average occupancy of 26.5%
- Average nightly rate of $47
- Revenue down 46.9% year on year
- Median occupancy of only 19%, while the top 10% of listings reach 60% or more
Short Stay vs Monthly Furnished Lease: A Worked Example
OLX shows 1 bed furnished flats in Bahria Town offered at about Rs 5,500 to 6,000 per night.
- At median occupancy (19%): Rs 6,000 a night earns about Rs 34,200 a month before platform fees, cleaning and utilities. That is less than the PKR 45,000 monthly furnished rent above.
- At top tier occupancy (60%): the same flat would earn about Rs 108,000.
What the Example Means
Short stays only win if you run them very well, with strong photos, reviews, pricing and fast service.
Furnishing Cost and Maintenance
Estimate Your Payback Period
We could not find a reliable published figure for furnishing costs in Lahore, so get two or three quotes for your exact unit. Then use a simple payback test: divide your total furnishing cost by the extra monthly rent it brings.
For example, suppose you spend Rs 6 lakh and earn Rs 12,000 more each month. You get your money back in about 50 months. That is just over four years, before any repairs. This is a worked example, not a market price.
Ongoing Costs to Plan For
- Replacing worn sofas, mattresses and linen
- Servicing ACs and appliances
- Higher security deposits to protect your items
- More frequent tenant changes and cleaning
Rental Income Tax Basics in Pakistan
Withholding Tax on Rent
Rent is taxed as income from property. Under the Section 155 withholding table for 2026/27, as published by tax calculator sites citing the FBR:
- Up to Rs 300,000 a year: 0%
- Rs 300,001 to 600,000: 5% of the amount above Rs 300,000
- Rs 600,001 to 2,000,000: Rs 15,000 plus 10% above Rs 600,000
- Non filers pay double
Tax on the Furnished vs Unfurnished Example
- Furnished flat at PKR 45,000 a month (Rs 540,000 a year): withholding for a filer would be about Rs 12,000.
- Unfurnished flat at PKR 33,000 a month (Rs 396,000 a year): withholding would be about Rs 4,800.
Other Tax Changes in 2026
ICT reports that the deemed rental income tax under Section 7E was removed by the Finance Act 2026. Your final tax depends on your total income, so speak to a tax adviser.
Pros and Cons: Furnished vs Unfurnished
Furnished Apartments
| Pros | Cons |
|---|---|
| Higher rent | Upfront cost |
| Wider tenant pool | More wear and tear |
| Can switch to short stays | More management |
| Fits expats and corporate tenants | Higher tax slab sooner |
Unfurnished Apartments
| Pros | Cons |
|---|---|
| Low setup cost | Lower rent |
| Longer tenancies | Smaller, family only tenant pool |
| Less maintenance | No short stay option |
How Lahore’s Rental Yields Compare
City Wide Yield and Rent Data
Global Property Guide puts Lahore’s average gross apartment yield at 5.87% in Q3 2025, with a range of 4.14% to 12.9%. The same report shows average Lahore apartment rents down 6% year on year as of March 2026, based on Zameen data.
What This Means for Your Choice
When the average rent dips, a furnished, well located unit is one way to stand out from the crowd.
Why Pine Avenue and City Walk Fit the Furnished Case
Who Pine Avenue Could Attract
Pine Avenue sits beside Lake City and the Ring Road, and close to the 915 bed Nawaz Sharif cancer hospital, which an LDA official told Dawn will be the country’s largest cancer hospital. Those are the kinds of places that draw corporate staff, visiting families and short stay guests.
What City Walk Offers
City Walk Group says its City Walk project on Pine Avenue Main Boulevard offers fully furnished apartments with a ready to move in lifestyle. The site lists a fitness center, rooftop garden, indoor pool and car parking, alongside shops, business suites and a rooftop restaurant. A ready furnished unit also saves you the time and hassle of furnishing it yourself. Ask City Walk Group for current prices, sizes, payment plans and approval documents before you decide.
Which Is the Smarter Investment? Our Verdict
Choose Furnished If
Choose furnished if you want higher income and can handle a bit more management. Furnished apartments in Lahore make the most sense in places with corporate, medical or visitor demand, let on monthly or longer stays.
Choose Unfurnished If
Choose unfurnished if you want low effort and long, steady family tenants.
When to Try Short Stays
Only go nightly if you, or a good manager, can beat Lahore’s average occupancy by a wide margin.
Furnished Apartments Lahore FAQs
How much is a furnished 1 bed in Lahore?
Zameen listings range from about PKR 43,000 in Bahria Town to PKR 1.15 lakh or more in Gulberg, and studios in DHA’s Penta Square ask PKR 1.6 to 1.7 lakh.
Do furnished apartments earn more rent?
Usually, yes. One matched Bahria Town pair showed about 36% more rent for the furnished unit.
Is Airbnb profitable in Lahore?
It can be, but average occupancy is 26.5% according to AirROI. Most listings earn less than a good monthly lease.
Do I pay tax on rental income in Pakistan?
Yes. Rent above Rs 300,000 a year faces withholding tax, and non filers pay double.
Does City Walk sell furnished apartments?
Yes. Its website lists fully furnished apartments on Pine Avenue. Contact City Walk Group for current details.
Talk to City Walk Group
If you are weighing furnished apartments in Lahore, compare a few options and run the numbers above. For details on City Walk’s furnished units on Pine Avenue, contact City Walk Group.
