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A stair runner can be cheaper than a carpet and will definitely save money over the cost of refinishing hardwood floors and stairs. The price depends, however, on the fabric and quality of the runner. A wool stair runner can be more expensive than an inexpensive polyester carpet and vice versa. Keep an eye on your budget, knowing that the higher quality the carpet and the carpet pad, the better the carpet will wear over time.

The average cost to install new flooring is around $3,162, with a typical price range between $1,530 and $4,860. On a per-square-foot basis, you can expect to pay an average of $3 to $22, including installation. Several factors influence the total price, including the flooring material, project size, geographic location, and any special features. Material choice is a significant cost driver; vinyl plank, linoleum, and carpet are on the lower end ($3 to $7 per square foot), while stone, tile, and hardwood are more expensive, with hardwood reaching up to $22 per square foot. Prices can also vary by region, and installing flooring on stairs will add to the cost, typically ranging from $11 to $160 per step.

Nylon carpet is widely considered one of the most durable and longest-lasting options, typically lasting 12 to 15 years. Its durability comes from its high resistance to wear, tear, stains, fading, and abrasions. It also resists liquid spills, insects, mold, and mildew, making it ideal for high-traffic areas like living rooms and hallways. For even greater longevity, frieze or Berber carpets are excellent choices that can last up to 20 to 25 years.

Beyond the material, a carpet's construction is key to its durability. Low-pile carpets with short, tight loops hold up better against wear than high-pile options. As a synthetic material, nylon is available in a vast range of colors and styles and often feels remarkably soft.

When installing carpeting on your steps, start at the top and work your way to the bottom. That way, you can easily control the carpet and create a better seal. This approach prevents the carpet from bunching up or creating wrinkles as you work. You’ll have better leverage over it as gravity helps guide it down each step.