If you’re not ready to sell items for cash and say goodbye to your pre-loved things permanently, you can get paid to rent your stuff out instead.
And like a match made in heaven, there’s a huge market looking to rent your stuff online, too!
In the past, there were only apps exclusive for the buy-and-sell crowd. But more and more apps dedicated for transacting things to rent have been popping out in the last few years.
50 Things You Can Rent Out for Extra Cash
RENT OUT YOUR REAL ESTATE
This is the most common of all rentals, and I talked about quite a bit about the AirBnb era and how to rent your house out either on a short-term or long-term basis.
2. Extra room
Don’t waste that real estate you got lying around.
If you’re willing to rearrange your living arrangements, rent out your extra room to people who might need a place temporarily.
Sometimes, people need an extra garage to park their cars less expensively than city or condo rates.
You can also rent out your garage for those who need extra space for storing stuff.
In this case, you can list your garage on websites like Stow It!
4. Garden, Yard or Other Outdoor Spaces
If you’re lucky to have a massive backyard or garden, you can have it rented for events like weddings.
Those who are willing to commit more to this rental can even turn the outdoor space into “glamping” (glamorous camping).
Check out this site if you’d like to add tree houses, yurts, tents, or tee-pees on your outdoor spaces.
5. Piano room
Professional piano retailers often have a program that allow clients to rent out the piano first, so they’d discover if the piano student can last longer than a couple of months of practicing.
If you have a grand piano or keyboard lying around, copy this genius marketing trick and offer your piano room for rent.
6. Recording studio
Follows the same concept as the piano room, except your music room is complete with more instruments and recording equipment.
If you don’t know how to price this room, check with local recording studios and price your listing cheaper than “market” prices.
7. Portable playground
Did your kids graduate from their inflatable playgrounds or giant Little Tikes toys?
If so, you can make a new generation of kids happy by renting these out to other families.
8. Parking space, empty lot, boat slip
Sometimes, people need an extra parking space or empty lot to park their cars less expensively than city or condo rates.
This also goes for boat slips (the parking counterpart for boats).
If you’re renting out your space, there’s no app/company better to mediate better than CurbFlip.
9. Office Space
Do you have an office you don’t use anymore?
RENT OUT YOUR VEHICLES
If you don’t want to drive your own car and earn the Uber way, you can always do it old school by renting out your car directly to people.
The rates of car rentals can be hourly, daily, weekly, or monthly, and you can control pricing 100%.
If you prefer not to do the marketing, check out Turo and list your car with them.
11. Seat in your car
Those who ride their cars to and from work daily can use apps like Zimride to rent out a seat in your car (or all seats) to other people who have the same office area as you.
It is basically like carpooling, except the people riding with you are strangers.
12. Pickup truck
From hauling to delivery service, pick-up trucks are versatile because of their size and possibility to carry heavy-duty items.
You can also rent out your pickup truck and earn up to $600 a month.
If you have a perfectly-working bike lying around and you live in a bicycle-friendly city like New York, San Francisco, and Los Angeles, you can make extra cash by sharing your bikes with travelers, racers, and enthusiasts via Spinlister.
Bike lovers may doubt renting out their beloved motorcycles, but the process becomes easy with services like Riders-Share.com – a site that background-checks people who are after riding your motorcycle for a day or two.
People with boats, but have no time to sail, but do not want to sell either, can rent out their boats, with the peace of mind of a hull and liability insurance policy all included in deals offered by Boatsetter.
16. Moving Equipment
Help people who might need to haul heavy stuff from point A to B.
Rent out your furniture, appliance or utility dolly, if you have one lying around.
These dollies can be rented out for $5 to $20 a day.
17. Mobility Equipment
Do you have a wheelchair, mobility scooter, knee walkers, or rollators you no longer use?
Many people need these to move around temporarily (after a surgery, during an injury, or to support them when they’re in pain).
Not only are you helping people when you rent these out, you also earn cash that you wouldn’t have earned if you just left the wheelchair or scooter to get dusty in the garage.
RENT OUT YOUR STUFF
18. Furniture and appliance
Perhaps you have an extra couch, dining set, oven, freezer, and any other furniture or appliance you’re not using.
Make them work for you too!
Check out what items you have that Loanables.com accept.
19. Sewing machine
Sewing machines are very popular to rent out, especially to people who need to do occasional projects such as Halloween costumes and do not find a need to buy their own machines.
When it comes to sewing machines, go to peer-to-peer renting site Zilok to rent out your equipment, so you’ll be safe with a security deposit every time it gets rented out.
20. Home Improvement tools
Like sewing machines, there’s also a demand for power tools, carpentry equipment, ladders and cutting tables, and other home improvement equipment.
Your best bet is to go to Loanables.com and list your stuff for rent.
21. Snow plow attachment
If you live in cities that suffer from snow storms each year, share your snow plow attachment to other locals by renting it out after using it.
While this may only work every winter, it’s still good money if you fill-up your calendar with rentals upfront from sites like Federent.
22. Lawn Mower
There are local companies that offer rent-to-own schemes for lawn mowers, but if you have one left unused at the garage, you can have it leased at a cheaper rate than these lawn mower clubs.
List your lawn mower on Craigslist and other peer-to-peer rental sites.
Whether you began sports while attending school or later in life, but have less time to actually hike, play golf, surf, go kayaking, ski and do other activities.
Here are some samples of sports gear you can rent out:
23. Golf clubs
24. Volleyball set-up
26. Camping tents
27. Hiking gears
28. Surfboard boogie board, wet-suit
29. Ski and snowboard
30. gym equipment
If you have a collection of luggage, travel bags, baby car seat, strollers, and other equipment you’d think travelers may need while visiting your town, list them on services like Omni Network, or go the old-fashioned way with Craigslist.
32. Car Seat
33. Baby Stroller
Zilok, for example, lets you list suitcase sets for $12/day.
34. MUSICAL INSTRUMENTS
This is perfect whether you’re a musician looking to earn extra bucks for instruments you no longer use, or a hobbyist who can’t let go of their piano, guitar, saxophone, DJ equipment, or any other instrument, but will happily lease it off to other people.
If you love electronics, photography and the newest gadgets in the market, you can rent out your stuff for a daily rate ranging from $20/day to thousands of dollars daily for professional gear.
37. Sound system
40. GPS Receivers
42. Video Game Consoles
43. Video Karaoke Machine
Depending on which of the gadgets above you have, there’s plenty of peer-to-peer rental sites where you can rent your stuff out. These include: ShareGrid, LensRentals.com, KitSplit, BorrowLenses, Parachut, FatLlama, and LensProToGo, among others.
44. MEDICAL EQUIPMENT
When it comes to medical equipment, the only ones who rent out hospital beds, oxygen, and other hospital-grade medical equipment are the manufacturers.
Unfortunately, there’s no peer-to-peer rental marketplace for medical equipment just yet. However, there will always be a need wherever city you are, so you can either start your own rental business, or list the items on Craigslist or Zilok.
If you’ve collected many event equipment, such as party tents, chairs, fondue maker, and catering equipment during annual parties, your wedding, and so on, you don’t have to hide them in drawers for the next big event to happen.
You can rent your stuff out for other people to use while you don’t need them.
45. Formal Wear
You spent $5,000 on your wedding gown? Why not share it to other bride-to-be and earn back some of that cash?
Preownedweddingdresses.com, Style Lend, Nearlynewlywed.com, Bravobride.com, and other sites like them let you list your pre-loved wedding dresses, party dresses, suits, and other formal wear and earn from these pieces of clothing.
47. Party Chairs
48. Popcorn maker
49. Fondue maker
50. Catering equipment
Websites like Tradesy are perfect for leasing any item related to events, including decor, dresses, cutlery, table centerpieces, and more.
3 Big Tips Before You Rent Your Stuff Out
Before you rent your stuff out, make sure to follow these reminders:
- Protect your stuff with deposit fee and insurance – This is very important, especially for high-priced items like cars, musical instruments, boats, and so on. Most peer-to-peer rental sites include the deposit fee with every listing, but insurance may vary from site to site. Double-check before listing your items for rent.
- Commissions – The peer-to-peer rental sites come with commission fees because (some) validate the users who will rent your stuff out, others go as far as doing background checks for you. If you’re leasing cars or homes, this commission fee is very well worth the trouble.
- Taxes – You won’t probably need to pay taxes for renting out stuff, unless of course you’ve earned several hundred dollars annually. To be sure, get legal advice.
If you have plenty of stuff you want to lease, you can open up a rental business locally.
However, before you plan to expand (buy more catering supplies, drones, etc.), make sure you do your research first.