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49 Surprising Best Things To Rent Out for Money

Best Things To Rent Out For Money

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Is your storage room filled with stuff you no longer use? 

Mine was until a few years ago. I’ve always been a hoarder, and whenever I wanted to throw something out, I wondered, “What if I need it later?”

This mentality kept me from getting rid of stuff. There was a time when I had a whole furniture set stuffed in the garage because I couldn’t bring myself to part ways with it.

If you can relate to this situation, this post is for you. One strategy enabled me to declutter my space without necessarily losing ownership: renting stuff out!

Imagine turning all that clutter into cash! Renting things out clears up space for more items and lets you make extra money to supplement your regular income. 

If you’ve read this far, I’m sure you’re mentally scouting your storage area, wondering which items are eligible for renting and which aren’t. And more importantly, where to get clients.

Let’s dive right into my list of the best things to rent out for money!

The Best Things to Rent Out for Money 

With the expensive nature of most items, many people prefer renting to purchasing. Therefore, there’s no shortage of items you can rent out. 

From an extra room to strollers and your old fishing gear, you can turn your junk into a reliable passive income source. 

Plus, some items like vehicles and electronics can deteriorate with time when not in use. Therefore, renting them out kills two birds with one stone.  

Here are some of the best items  to rent out for money and where to do it: 

1. Cars 

Instead of letting your extra car collect dust in the garage, consider renting it out for some passive cash. 

Purchasing a new car is expensive, not to mention the gas and maintenance costs. This makes vehicles among the most rented items. 

Here are some legit platforms if you’re up for this:

  • Turo: This platform lets you earn an annual average income of $10,868 by renting out one car.
  • Getaround: You can make over $1,000 monthly by renting your car on Getaround.
  • HyreCar: Through this platform, you can earn an average of $720 monthly by renting your car to delivery drivers.

2. An Extra Room 

Maybe your children are finally moving out. Or you just bought a new house and are wondering what to do with the extra rooms. 

Converting them into guest rooms is an excellent idea, but why not make $50-$200 daily from renting them out? 

You don’t need to do anything extreme. Simply ensure the room has a cozy, homely vibe, and you’ll be good to go. 

Here are some app recommendations if you’re wondering where:

  • Airbnb: You can make an average of $1,000 monthly, depending on the size and type of your space.
  • VRBO: If you have a beach house or a place where people frequently vacation, VRBO is the best platform to list your space. You can make $100-$200 per night.
  • Rent Like a Champion: You can earn up to $1,000 a weekend.

3. Storage Space 

People always hire extra storage space to store clutter and other things they want to hold on to. 

If you have an extra room or garage space, you can convert it into a storage-friendly space and list it on the following platforms:

  • Stow It: The average income for vehicle storage is $50-$90 monthly.
  • StoreAtMyHouse: Annual income ranges between $300 and $3,000.
  • Neighbor: Rent out your spare storage space on this website to make $50-$600 monthly.
Best Things To Rent Out For Money

Adding shelves, racks, and hangers can make the space more appealing and valuable so that you can earn more. 

If your space is big, say a room, consider dividing it into several spaces so that you can rent them out to different people and maximize your income.

4. Clothing 

The last thing my sister would do is share clothing with anyone, especially me. If you’re the same, I’m sure you cringed at this option. 

However, hear me out. You can make thousands of dollars monthly by renting out fashionable items, especially if you have designer clothing. 

Think suits, luxury clothes, and brand accessories. If you have some you don’t wear as much, check out the following platforms:

  • Facebook Marketplace: One of the best places to rent out virtually anything, including clothes.
  • Rent My Wardrobe: This iOS app lets you rent out designer clothes to make extra cash.

5. Fitness Equipment 

Another thing you can rent out is fitness equipment to people who want to develop at-home workout routines. 

Some popular in-demand equipment includes treadmills, dumbbells, yoga blocks, and boxing equipment. 

Best Things To Rent Out For Money

Wondering where to start? Check out these platforms:

  • Fat Llama: You can make over $100 daily on Fat Llama.
  • Loanables: Create an account to rent your equipment on Loanables.

6. Electronics 

Electronics like laptops and mobile phones are among the most common items to rent out for cash. 

Many people already earn from this, and you can too because electronics are constantly in demand. 

Sign up and list your electronics on platforms like Fat Llama and Loanables to get started. 

7. Video Games  

Gamers always want to try the newest titles without leaving a huge dent in their pockets. 

From sports games like FIFA to shooting games like Call of Duty, you can easily make $300 or more depending on the type and demand of a specific title. 

Here are some websites where you can rent out video games:

  • Reddit: Find popular subreddits like r/gameswap, where you can interact with potential renters. 
  • FriendWithA: You can make up to $1,000 monthly on this peer-to-peer rental marketplace.

8. Internet Bandwidth

It may be unconventional, but you can make money on apps like Honegain by sharing your internet bandwidth. 

Best Things To Rent Out For Money

The app works in the background and shares your unused internet bandwidth for content delivery, data intelligence tasks, and web crawling. The minimum withdrawal is $20.

If you want to make money while you sleep, here are the best apps to get paid for your data.

9. Photography Gear  

Many upcoming photographers always opt to rent because purchasing high-end equipment, such as cameras, lenses, and tripods, is expensive. 

If you have brand names like Canon, Nikon, and Sony, consider renting them out on the following platforms:

  • KitSplit: You can make between $30 and $200 daily, depending on what you’re renting out.
  • ShareGrid: Another place to put your photography gear to work when you’re not using it.

 10. Friendship 

This may sound weird, but hear me out. You can get paid to be someone’s friend. 

Many people are lonely in this digital age of social media, so they’d rather pay someone to talk with and listen to them.

Rent a Friend is an excellent place to start if you want to make a new friend for money. According to their website, you can make up to $50 hourly.

11. Camping Gear and Space 

Do you have camping gear but don’t find time to go camping? If so, renting out your gear is an excellent idea. 

From tents to sleeping bags and canoes, there’s a high demand among camping enthusiasts. 

Another way to maximize your income is to rent your land as a camping space. Check out Campspace to get started.

12. Musical Instruments 

Still wondering what to rent out for cash? Consider musical instruments like guitars, pianos, violins, and flutes.

Renting out your instrument on FriendWithA can earn you between $20 and $320 daily.

13. Farmland 

Gardening spaces aren’t easy to find, so if you have one, you can earn top dollar. 

Whether you have arable land sitting idle or you’re taking a break from farming yourself, consider the following platforms:

  • YardYum: Lets you make money or get vegetables, flowers, herbs, and fruits instead.
  • Shared Earth: Another website that connects you to gardeners in the US.

14. Office Space 

Renting office spaces has become popular among businesses due to the flexibility and lower cost of purchasing property. 

If you have an extra space within a commercial building, you can rent it to supplement your day job. 

You can also convert extra space in your home into a co-working space to appeal to remote workers.

15. Furniture 

If you have extra furniture you’re not using, consider renting it out to people who prefer temporary living conditions or realtors who need to stage a home environment to sell a property.

The best places to find renters for your furniture are Facebook Marketplace and Craigslist. 

16. Baby Items 

Many parents wonder what to do with strollers, cribs, car seats, and breast pumps. You may want to keep them for your next child but have nowhere to store them.

Instead of paying for storage space, consider renting these items out on BabyQuip to make extra cash. 

Note that you must submit an online application to become one of the quality providers on BabyQuip.

17. Power Tools 

Power tools are in high demand for rental because no one wants to spend hundreds of dollars on something they’ll use only once. 

That said, you’re sure to find renters for power tools like saws, drills, lawnmowers, and pipe cutters. 

List your items on Facebook Marketplace or peer-to-peer sites like Fat Llama. Garage101 is also an excellent idea if you reside in the US.

18. Boats 

If you’ve invested some money into a boat and no longer use it frequently, turn it into a passive income stream by renting it out on these platforms:

  • Get My Boat: List your boat on this platform for free for a chance to appeal to a global audience.
  • Boatsetter: Another place where you can make $1,000-$5,000 monthly by renting your boat. 

19. Money 

Peer-to-peer lending sites, like SoFi and Zopa, allow you to earn interest when you loan people money. 

You can also make your money work for you by investing it in sites like:

  • Fundrise: Lets you invest as little as $10.
  • Arrived: The minimum investment is $100.

20. Your Kitchen 

Here is another unconventional thing you can rent out for money. If you have a big kitchen space, you can rent it out to caterers during events to make extra cash. 

The Food Corridor is an excellent option. You can also rent out your kitchen space to neighbors, family, or friends. 

21. Your Pool 

Another thing you can rent out for money is your pool, especially during the hot months. You can partner with fitness facilities and offer them a place for their members to work out. 

You can also top it off by offering swimming classes if you’re an avid swimmer. 

Another popular alternative is renting out your pool for birthday parties, corporate team-building activities, and baby showers.

22. Bikes 

Renting out a bike is a fantastic way to generate income. Keeping it in use also ensures it’s well maintained. 

Here are some places to rent out your bike:

  • ListNRide: Most bikes go for €30 to €60 daily.
  • Spinlister: You can make up to $500 monthly on this platform.
  • Riders Share: Another platform where you can rent your motorcycle for extra income.

23. Artwork 

Help people decorate and enhance their spaces by renting out your unique art pieces on the following websites:

  • Rise Art: This website requires you to submit your portfolio and CV for review before you can work with them.
  • TurningArt: Lets you rent out and sell your artwork worldwide.

Renting out your artwork can be an excellent way to gain exposure if you’re an artist. Also, if someone likes your pieces, you could sell them.

24. Moving Boxes 

Finding moving boxes can be challenging, especially at the last minute. You can cater for that demand while making some cash.

You can list your boxes on peer-to-peer rental sites like Fat Llama, Ruckify, and Loanables.  

25. Wedding Dresses 

Wedding dresses are among the niche items that are usually in high demand. 

Renting out your dress on By Rotation is an excellent way to earn back your money without letting go of the memories of your special day.

26. Parking Spots 

Parking spots are a hot commodity, especially if your place is near a commercial center. 

By offering parking, you save your clients the trouble of scrambling for parking spaces within the central business district. 

Here are some places to list your parking space:

  • Spot Hero: The platform takes 20%-30% of every booking.
  • JustPark: You can make up to £4,000 annually.
  • Parqex: This platform also lets you make money by renting out your extra parking space.

27. Solar Panels 

Solar panels are a cost-effective and sustainable energy solution for businesses and families. You can rent out your solar panels during the current energy crisis. 

Consider looking for clients on Facebook Marketplace, Craigslist, or Reddit.

28. Sports Equipment

This is another profitable venture, especially if your equipment is in good condition. You can rent out snowboards, ice skates, tennis rackets, and golf equipment. 

Check out the following sites:

  • Gearo is a fantastic platform for investing in a sports equipment rental business.
  • Spinlister: You can rent surfboards and snowboards on this platform.

29. Private Jets 

It’s no secret how expensive private jets are. 

If you have one, it might be a good idea to rent it out to couples looking for a luxurious way to:

  • Travel to their honeymoon destination
  • Business executives
  • Individuals who want to travel privately

30. Drones 

Still looking for ideas for things you can rent out? If you have a drone or two, you can make up to $100 daily renting them out on Fat Llama.

31. Event Costumes 

Events like Halloween happen only once a year, so many people would opt to return rather than purchase costumes. 

You can invest in other costumes, such as for theatre productions, cosplays, and fan conventions, to keep your business running all year round.

32. Photo Booths  

You can rent out your photobooth for events such as birthday parties, weddings, baby showers, and corporate events. 

33. Toys & Games 

If you’ve invested a lot of money in toys and games, you can rent them out to people who don’t want to leave dents in their pockets for toys their kids will eventually outgrow.

Facebook Marketplace, Fat Llama, and Craigslist are worth checking out.

34. Luxury Handbags 

Like with clothing, designer handbags are expensive and can cost up to millions of dollars. 

If you have a handbag collection you can’t get rid of, consider renting it out to supplement your income. 

35. Bed Linen 

Some rental homes ask their guests to bring their bed linens. 

You can swoop in and save your clients the trouble of carrying bed sheets, duvets, and pillowcases from home by renting out yours to them.

Consider rental homes within your neighborhood. 

36. White Goods 

Appliances like refrigerators, dishwashers, and washing machines are popular rentals since purchasing them is more expensive. 

Check out platforms like Ruckify, Loanables, and Fat Llama.

37. Medical Equipment 

You can rent medical equipment, such as wheelchairs, knee walkers, and infusion pumps, to individuals or healthcare facilities. 

This business is also very profitable on a large scale if you have the capital to purchase the items in bulk.

38. Warehouses

Just like homes, renting warehouses is a profitable venture, especially if you know people who often transport large cargo. 

List your warehouse space on Neighbor or StoreAtMyHouse.

39. Fishing Gear

Fishing gear is among the best items to rent out because fishing is a popular hobby that make money

Therefore, if you have some rods, reels, and poles lying around, consider turning them into a passive income stream.

RentAnythingStore is a good place to start if you’re interested in renting out your fishing gear.

40. Recreational Vehicles 

Camping and cottaging enthusiasts are always seeking recreational vehicles to rent out for their escapades. 

You can rent out your RV on these sites:

  • Campanda: According to their website, Campanda says you can make up to $45,000 annually.
  • Outdoorsy: This site has a listing calculator you can use to estimate your earnings before committing.
  • RVshare: This platform has millions of potential clients if you’re looking to rent out your RV.

41. Luxury Yachts 

Like with private jets, luxury yachts offer a lavish experience to people on vacation or honeymoon. 

If you own one, this is your chance to make extra income on platforms like Click&Boat

42. Tents 

Depending on the number and quality of tents rented, renting them for outdoor wedding receptions, concerts, sporting events, and corporate events can be profitable.

You can also maximize your income by offering tables and chairs along with the tents.

43. Textbooks 

Are you a college student looking for a way to make some money? Or perhaps you’ve completed your studies and have lots of books you no longer need?

In any case, you can rent out your textbooks to help other people while earning some passive income.

Here are some great options:

  • Valore: Excellent place to rent out your textbooks for money.
  • Campus Book Rentals: Another platform that lets you rent out textbooks you no longer use.

44. A Portable Playground 

A portable playground can be useful at birthday parties, travel adventures, or kids’ events. You can easily rent one on Facebook Marketplace or Fat Llama. 

45. Diving Gear 

If you live in an area where people frequent diving and snorkeling activities, you can start a diving gear rental business, which could boom because of the demand. 

Offer wetsuits, masks, underwater cameras, and lights so that diving enthusiasts can enjoy their experience while earning you money.

You can work with local dive operators or list your items on Fat Llama and Ruckify.

46. Scaffolding 

A scaffolding rental business can be highly profitable, especially if you land large-scale projects like commercial buildings. 

Acquiring your items can be expensive, but you can always sub-rent from other businesses. Once you have your inventory, contact contractors and construction companies and pitch your services.

47. Catering Equipment 

Some common in-demand catering equipment include buffet servers, coffee makers, tableware, and food preparation equipment. 

You can work with local event organizers or list your products on Fat Llama to land clients. 

48. Event Venues

Do you own a space that can accommodate events like weddings, baby showers, and corporate events? If so, consider renting your space out to local event organizers for cash.

49. LED Displays 

LED lighting is ideal for events like parties, birthdays, and weddings. You can rent them out to event organizers who prefer sustainable lighting. 

Tips for Renting Things Out for Money

Renting things out for money can be lucrative, depending on what you’re selling. These tips will make your venture even more profitable:

  • Review platform policies before listing your items: Always read between the lines to establish insurance policies and the percentage cut before settling on one platform. 
  • Set competitive prices: Don’t undervalue or overvalue your items. Research similar hosts to determine the price range for your product.
  • Be careful about renting stuff out to friends: While renting things out to friends is great, things may turn awkward if they fail to pay or stay with the item longer than necessary. 
  • Market your items: Social media is your friend if you’re looking to find clients quickly. Use it to promote your rental business.
  • Rent out high-demand items: The best way to ensure a steady income flow is by renting out high-demand items like cars, electronics, and vacation rooms. 

Extra Reading – How To Make Money on Etsy for Beginners

Frequently Asked Questions 

What Is the Most Profitable Thing To Rent Out?

There are many in-demand items that are profitable to rent out. They include:

  • Cars 
  • A spare room 
  • Storage space
  • Power tools 
  • Fitness equipment 
  • Electronics 
  • Sports Equipment 
  • Farmland 
  • Camping gear 
  • Video games 

What Is Rented Out The Most?

Some items that are rented out the most include:

  • Cars 
  • Power tools 
  • Photography gear
  • Spare rooms 
  • Storage spaces 

Is It More Profitable To Rent or Sell?

While selling is a quick way to recover your money, renting is more profitable in the long run. Renting allows you to make additional profit long after recovering the original cost of an item. 

Final Thoughts

If you’ve been meaning to break your habit of hoarding or are looking for ways to make extra cash, I hope this list of best things to rent out gives you an idea of where to start.

Utilize online marketplaces like Facebook Marketplace and Craigslist to find local renters for your products. 

Peer-to-peer rental sites like Fat Llama also come in handy because you can list virtually anything.

Lydia is a personal finance expert and the founder of Sproutinue, a personal finance site helping you find legit ways to make money, save money, and achieve financial freedom. She has been featured on various major financial publications, including Investopedia, Business Insider, GoBankingRates, and more.

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