Looking for ways to make extra cash?
Renting out items you own can be a great way to generate income.
Whether it’s a spare room in your house or a piece of equipment you rarely use, there are plenty of things you can rent out to earn some extra money.
Here re 17 easy things to rent out for profit:
You can rent out your car on platforms like Turo and Getaround.
You set your own prices and availability.
Turo claims hosts make an average of $706 per month.
Getaround claims you can earn up to $800 per month.
Renting out your car can be a good way to earn extra money.
If you have a powerboat or sailboat, you can rent it out. Platforms like Boatsetter and Click&Boat make it easy.
You can earn up to $1,000 per day, depending on the boat.
You can set your own prices and availability.
Renting out your boat can be a good way to make extra money.
Some people earn up to $300 per night, depending on the RV.
You can set your own prices and availability.
But make sure to check your insurance policy before renting out your RV.
2. Real Estate
If you have a vacation home, rent it out when you’re not using it.
Use a property management company to handle repairs and lockouts. They make it easier.
Charge premium rates during peak seasons and holidays.
Advertise on vacation rental websites like Airbnb and VRBO.
You can advertise on parking space rental websites like SpotHero and ParkWhiz.
Be sure to set competitive rates based on location and demand and provide clear instructions for accessing the parking space.
Use a property management company to handle repairs and emergencies, so you don’t have to worry about it.
- You can rent out your high-end DSLR camera and lenses for $50-$100 per day.
- Rent out your GoPro camera for $20-$40 per day.
- You can also rent out your instant camera for $10-$20 per day.
You can rent out your drone for aerial photography or videography for $100-$200 per day.
You can also rent out your mini-drone for $20-$50 per day.
Electronics are always in demand, and renting them out can be profitable and may even turn into a lucrative side hustle.
Cameras are a popular item to rent out, especially for events like weddings, parties, and vacations.
Just make sure to properly vet your renters and have a clear rental agreement in place.
4. Party Supplies
Tables and Chairs
Someone’s hosting a party? Rent out tables and chairs to them:
- Rent out tables for $10-$20 each.
- Rent out chairs for $1-$3 each.
- Offer package deals for larger parties.
- Rent out bounce houses for $100-$200 per day.
- Rent out inflatable slides for $200-$400 per day.
- Offer discounts for multiple-day rentals.
Renting out power tools can be a lucrative side hustle for you. Power tools are expensive, and not everyone can afford them.
By renting them out, you can make money while helping others complete their projects. Some popular power tools to rent out include drills, saws, and sanders.
Gardening tools are another great and easy option to rent out.
Many people love to garden but don’t have the space to store all the necessary tools.
By renting out gardening tools, you can help others achieve their gardening goals while making some extra cash.
Some popular gardening tools to rent out include shovels, rakes, and pruning shears.
When renting out tools, make sure they are in good condition and safe to use. Consider providing instructions or tutorials on how to use the tools properly, just to make sure people don’t abuse them.
You can also offer delivery and pickup services for an additional fee.
Remember to set reasonable rental rates and be upfront about any fees or deposits required.
Advertise your tools on online marketplaces or social media platforms to reach a wider audience.
Just make sure to take the necessary precautions and provide excellent customer service to ensure a positive experience for both you and your renters.
6. Musical Instruments
Do you have musical instruments gathering dust in your closet? Rent them out for extra cash.
You can rent out guitars, drums, keyboards, and other instruments to aspiring musicians.
There are many online platforms where you can list your musical instruments for rent. You can set the price and rental duration as per your convenience.
|Instrument||Average Rental Price|
|Guitar||$20 per day|
|Drums||$30 per day|
|Keyboard||$25 per day|
You can also offer additional services like instrument tuning and maintenance for an extra fee. Make sure to set clear terms and conditions for renting out your instruments to avoid any disputes (Believe me, you want to do this)
7. Sports Equipment
Do you have extra bicycles that you’re not using? Rent them out to make some extra cash. You can rent out your bikes on Spinlister, which is a platform for bike rentals.
You can earn up to $30 per day renting out your bike.
Make sure to keep your bike in good condition and provide a helmet for the renter.
If you have a collection of bikes, you can also rent them out for events such as bike races or charity rides.
You can earn up to $500 per event depending on the number of bikes you have available.
If you live near a ski resort or in an area with heavy snowfall, you can rent out your ski equipment.
epicmountainrentals.com is a platform that allows you to rent out your ski equipment to others.
You can earn up to $30 per day renting out your skis.
Additionally, you can also rent out your snowboards, snowshoes, and other winter sports equipment.
Make sure to keep your equipment in good condition and provide instructions on how to use them.
8. Photography Equipment
You can rent out cameras, lenses, tripods, lighting equipment, and more.
If you have a passion for photography and own high-quality equipment, you can earn money by renting it out.
Many people need photography equipment for special occasions or events but cannot afford to buy it themselves.
Renting out your photography equipment can be a great way to make a profit and help others capture important moments.
You can set your own rental rates and policies, and advertise your services online or through word of mouth.
Some popular photography equipment to rent out includes high-quality cameras, lenses, tripods, and lighting equipment.
You can also offer additional services such as photo editing and printing.
If you decide to start a photography equipment rental business, make sure to invest in quality equipment, create a rental agreement, and have insurance to protect your equipment.
With the right strategy, renting out photography equipment can be a profitable and rewarding business.
9. Baby Gear
Renting out baby gear is a great way to make extra money.
Parents often need strollers, cribs, car seats, and high chairs when traveling.
BabyQuip is a popular baby gear rental platforms.
You can make an average of $600 a month renting out your baby gear.
Rental fees vary depending on the item and the rental duration.
Make sure to thoroughly clean and sanitize the gear before renting it out.
Check the safety regulations and expiration dates of the gear before renting. Offering delivery and pick-up services can increase your rental income.
Consider offering additional items like toys and books to increase your rental options. 18.
Don’t forget to keep track of your rental income and expenses for tax purposes.
10. Wedding Supplies
You can rent out wedding dresses, suits, tuxedos, and accessories like jewelry sets, tiaras, and crowns.
Wedding photographers and videographers can also rent out their services.
You can offer packages that include pre-wedding shoots, wedding day coverage, and post-wedding editing services.
In addition, you can rent out wedding decorations like centrepieces, tablecloths, and chair covers.
Consider offering delivery, setup, and takedown services to make it more convenient for your customers.
Finally, you can rent out wedding venues. You can offer different types of venues, such as outdoor gardens, indoor ballrooms, and rustic barns.
Just make sure to provide amenities like tables, chairs, and lighting to make the venue rental more attractive to your customers.
In summary, renting out wedding supplies can be a lucrative business idea for you. Consider offering a variety of products and services to attract a wide range of customers.
You probably have a few costumes lying around that you only wear once a year. Why not rent them out and make some extra cash?
People are always looking for unique and creative costumes, and renting is a cheaper alternative to buying.
Make sure to keep your costumes in good condition and clean them after each rental. You can advertise on social media or through local costume shops.
- Clean costumes after each rental
- Advertise on social media or through local costume shops
- Offer a variety of sizes and styles
Popular costume themes include superheroes, movie characters, and historical figures.
You can also offer accessories like wigs, hats, and props.
Set a reasonable rental price based on the quality and popularity of the costume.
Make sure to have a rental agreement in place to protect yourself and your customer.
12. Outdoor Gear
If you have a few high-quality tents, you can rent them out to campers for a decent profit.
A 4-person tent can rent for $20-30 per night, while a larger 8-person tent can go for $50-75 per night.
Make sure to clean and inspect each tent before and after each rental.
- 4-person tent: $20-30 per night
- 8-person tent: $50-75 per night
If you live near a body of water, renting out kayaks can be a great way to make some extra cash.
A single kayak can rent for $20-30 per hour, while a double kayak can go for $30-50 per hour.
Make sure to provide life jackets and paddles for each rental.
- Single kayak: $20-30 per hour
- Double kayak: $30-50 per hour
Overall, renting out outdoor gear can be a lucrative business if you have the right equipment and live in a location with high demand.
Make sure to price your rentals competitively and provide excellent customer service to keep customers coming back.
13. Art and Décor
People love to decorate their homes with beautiful and unique pieces of art, but they don’t always want to spend a lot of money on it.
By renting out your art and décor, you can provide them with the perfect solution.
You can rent out paintings, sculptures, vases, lamps, and other decorative items.
Make sure that your pieces are in good condition and that they match the style and colour scheme of the client’s home.
You can charge a flat fee for the rental period or a percentage of the item’s value.
Make sure that you have a contract in place that outlines the terms of the rental, including the rental period, the rental fee, and any damages or losses that may occur.
To market your art and décor rental business, you can advertise on social media, create a website, or partner with local interior designers and home stagers.
Make sure that your marketing materials showcase your pieces in the best possible light.
By renting out your art and décor, you can provide people with a cost-effective way to beautify their homes while also earning money for yourself.
It’s a win-win situation that you should definitely consider.
Do you have a collection of jewellery that you rarely wear?
Renting it out could be a great way to earn some extra cash.
People often need jewellery for special occasions, such as weddings or proms, but don’t want to spend a lot of money on something they’ll only wear once.
By renting out your jewellery, you can help them out while making money for yourself.
There are a few things to keep in mind when renting out your jewellery.
- First, make sure it’s in good condition and clean. You don’t want to rent out something that’s damaged or dirty.
- Second, be clear about the terms of the rental, such as the rental fee and the length of the rental period. Finally, make sure you have a way to keep track of your jewellery, such as a log or inventory system.
|Easy to start||Potential for damage or loss|
|High demand for special occasions||Requires good condition and cleaning|
|Potential for high profit margins||May require insurance|
15. Pet Supplies
Pet supplies are essential for pet owners, but they can be expensive.
Renting out pet supplies can be a great way to make money while helping pet owners save money.
By renting out pet supplies, you can help pet owners who are traveling or who have pets with special needs.
You can also help pet owners who want to keep an eye on their pets while they are away.
To get started, you can advertise your services on social media or create a website.
You can also partner with local pet stores or veterinarians to reach more customers.
Make sure to clean and sanitize all of your rental items between uses to keep pets safe and healthy. Renting out pet supplies can be a profitable and rewarding business.
By providing essential pet supplies to pet owners, you can help them save money and keep their pets happy and healthy.
16. Gaming Equipment
Whether you have gaming consoles, controllers, or virtual reality headsets, gamers are always looking for the latest and greatest equipment to enhance their gaming experience.
One popular platform for renting gaming equipment is Fat Llama.
You can list your gaming equipment for rent on the site, and renters can easily search for and book your equipment.
You can earn up to $100 per day for renting out your gaming equipment.
Another option is to rent out your equipment on sites like Rent-A-Center or Rent-A-Gamer.
These sites allow you to rent out your gaming equipment for longer periods, such as a month or more, and can provide a more consistent source of income.
If you’re worried about the wear and tear on your equipment, consider requiring a deposit or insurance from renters to cover any potential damage.
And be sure to thoroughly clean and sanitize your equipment between rentals to ensure a safe and enjoyable experience for your renters.
In summary, renting out your gaming equipment can be a profitable and enjoyable way to make extra cash.
Consider listing your equipment on popular rental platforms and take the necessary precautions to protect your equipment and your renters.
17. Fitness Equipment
Many people want to stay fit and healthy but cannot afford to buy expensive equipment.
You can help them by renting out your fitness equipment.
Here are some ideas for fitness equipment you can rent out:
- Exercise bikes
- Rowing machines
- Elliptical trainers
- Weightlifting equipment
- Yoga mats and blocks
- Resistance bands
- Punching bags
- Medicine balls
- TRX suspension trainers
- Foam rollers
- Ab rollers
- Balance balls
- Jump ropes
- Agility ladders
You can rent out your equipment on a daily, weekly, or monthly basis. Make sure to keep your equipment in good condition and clean it regularly.
You can advertise your services on social media, local classifieds, or through word of mouth.
Make sure to have a rental agreement in place to protect yourself and your equipment.
Congratulations! You now have a list of the 17 most profitable things to rent out.
Remember, the key to success is to find items that are in demand and have a high rental value.
With a little bit of effort, you can turn your unused items into a profitable side hustle.
Before you get started, make sure to do your research and set a fair rental price.
Take advantage of online platforms that connect you with potential renters and handle the payment process for you.
And don’t forget to keep your items in good condition to ensure repeat business.
Whether you’re looking to make some extra cash or start a full-time rental business, there are plenty of opportunities out there.
So, go ahead and start renting out your items today!
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