Have you ever considered how many rentable items you have laying around that don’t necessarily get a ton of use?
For example, how many times have you bought a tool for a certain project and then never touched it again? Or how often do you use that ladder that’s hanging out in your garage? Think back to last summer; how many times did you take your RV out, or how many times did you go camping?
There are so many different things you can rent out which will benefit not only you but also the renter. More and more people are renting items that they don’t necessarily want to buy themselves so that they can save money and storage space in their homes.
If you’re curious to learn more about the different things you can rent out and how to get this kind of side hustle started, then keep reading!
15+ Rentable Items
1. Storage Spaces
Do you have extra storage space that is going to waste? This can include:
- space in your garage or the whole garage
- space in your basement or the whole basement
- a shed
If your answer is “yes,” then you should consider renting them out as these are really popular rentable items. Whether people need a place to store their winter clothes or furniture during a move, this is an easy way to make some money while also helping someone out. Storage units are incredibly costly, so by offering this option, you can save someone a lot of money.
2. A Spare Room
Do you have an extra room or office space in your house that is just sitting there? You can rent these out on either a short-term or long-term basis and make a lot of extra money in the process.
With a short-term rental, you are most likely looking at vacation rentals, perfect for people who need a place to stay for a couple of days or weeks. Long-term rentals are more suitable for people who need a place to live for an extended period of time, are looking for office space, or require additional storage.
3. Parking Space
Depending on where you live, parking can be highly sought out by other people living in the area. This is especially true for urban areas. So, if you have a parking space that you don’t use, you could consider renting that out.
This kind of rental would be ideal for someone who works or lives nearby. However, you can also rent out your parking space if you live close to a venue that hosts sports games or community events.
There are so many people who will rent vehicles for a day. Trucks in particular are very popular so that people can bring home large purchases, such as furniture.
You can also offer car and motorcycle rentals as well, depending on the season and how much people are interested in renting them.
5. RV, Holiday Trailer, Motorhome, Or Tent Trailer
It is very likely that even if you own one of these things, you aren’t using it every single weekend. So, why not rent it out when you’re not using it to earn a little extra cash?
People are always looking for cost-effective ways to enjoy a weekend getaway, and renting out your RV or holiday trailer could be the perfect solution. Pro Tip: try renting privately. There’s less red tape and is much more cost-effective than going through a dealer.
6. Recreational Motorized Vehicles
In addition to renting out your vehicles and campers, you can also rent out recreational motorized vehicles like:
These are all things that people might not necessarily want to buy themselves but would love to rent for a weekend getaway.
7. Camping Gear
There are a lot of people who don’t have the money or the space to store a whole bunch of camping gear year-round, so they’d rather rent it out. Why not rent out your stuff when you aren’t using it?
There is tons of camping gear that you can rent out including
- tents (on the ground, pop-up, rooftop)
- sleeping bags
- air mattresses
- cooking gear
- camping stove
- water jugs
- outdoor shower
8. Recreational Gear
In addition to your camping gear, your recreational gear can also make great rentable items. This can include:
- paddle boards
- hiking backpack
People are always looking for high-quality gear that they don’t need to purchase themselves.
9. Tools and Equipment
Are you one of those people who has a bunch of tools and equipment that just sit in your garage or shed? If yes, then you might want to listen up because these are extremely popular items to rent, especially in urban areas. This could include anything from a ladder to a power drill.
Equipment such as power washers, mowers, wood chippers, and so on are also in high demand, especially during the summer months.
If you live in a rural area, you can also rent out your tractor, skid steer, or trailer.
The possibilities for tool and equipment rentals are endless, so, take some time to look around at what you have. Then do some research to see if there is any demand for the rental of these items in your area.
10. Party Supplies
People are always looking for ways to save money when it comes to hosting parties, so why not rent out the items they need? This can include items like tables, chairs, linens, and tableware.
If you happen to have sound equipment, you can also rent that out for a much higher fee.
11. Musical Instruments
Music instruments can be incredibly expensive, and not everyone has the money to buy them or a place to store them. So, if you own any musical instruments, this can be a great rental opportunity.
You can take this a step even further if you want and let someone rent your space your home or a spare room for practice sessions.
12. Photography Equipment
Your photography equipment also makes great rentable items. This can include cameras, lenses, lights, tripods, and other gear that is essential for a photo shoot.
You will find there are many beginner or hobbyist photographers that will rent these items until they can build up their own collection.
13. Furniture & Home Decor
Do you have any furniture or home decor that you don’t use on a regular basis? If so, why not rent it out for special occasions? This can include anything from couches and chairs to rugs and lamps. You can advertise your items online as party rentals, for staged homes, or for photographers to use at a photoshoot.
Did you know you can also rent out your clothing? This can be anything from designer labels to vintage finds.
You can also specialize in renting out costumes for parties, special events, and films. There is also the option to rent out ballgowns or tuxedos for holiday parties, charity events, and so on.
15. Moving Supplies
Moving can come with so many unexpected expenses. In a moving situation, Even boxes can add up to become a costly expense. So, if you have any moving supplies that can be re-used, such as boxes, dollies, or flatbeds, then you could consider renting these out.
What is the most profitable thing to rent out?
Many people wonder which rentable items are the most profitable, and the answer to this question will depend on many factors including where you live and the demand for particular rental items.
For example, if you have an RV to rent out, but live somewhere that has cold winter months, then you might find that your rental is highly profitable during the summer months but makes no money the rest of the year. Whereas someone who is renting out an RV where camping can be done year-round will see more profits from renting out an RV.
If this is a side hustle you are considering starting, the best thing you can do is take time to do your research. Consider the things mentioned above.
What things are rented the most?
Generally speaking, items such as sports equipment, party supplies, tools and equipment, recreational vehicles, and electronics tend to be the most popular rentable items.
Additionally, more people are now turning to rental services for their storage needs, because as previously mentioned, storage units are incredibly expensive.
As also previously mentioned, you should always do your research on what things are rented most in your area.
How To Rent Things Out
Now that you have some ideas of things you can rent out, it’s time to learn how to get started doing it.
First and foremost, make sure you check all local laws and regulations regarding renting things out as some states may require special licensing or permits. Additionally, if you plan on renting something like a recreational vehicle, you’ll want to make sure you have the proper insurance in place.
Once you’ve done your research and checked all your local laws, you can start marketing your rentable items. You can create a website, add listings to a marketplace such as Facebook, or focus on preexisting rental platforms like Airbnb for a vacation home, Rentah for a variety of things from electronics to prom dresses, or Outdoorsy for camping gear and motorhomes.
No matter what you’re renting out, you should also consider creating a contract that outlines all the terms and conditions of your rental agreement. This will help protect both parties in the event of any unexpected issues.
Hopefully, this post has given you some ideas of rentable items that you already own and can make money from renting out. Best of luck starting your very own side hustle rental business.