36 Things You Can Rent Out for Extra Money
Typically travelers who are in a certain location for a short period of time need a car to transport from one place to another.
Turo is the largest American car sharing platform allowing you to list your vehicle for rent and earn money while others enjoy it.
With the Turo Calculator, you can estimate your earning potential by entering your car make and model before you even make a decision to sign up.
With high mortgage rates, many people prefer to rent a home.
Zillow is the largest long term real estate rental website allowing you to put your rental home in front of people seeking one.
If you need help in pricing your rental home, Zillow offers you a rent estimate calculator that will suggest a reasonable price based on similar listings.
Renting with Zillow avoids you a lot of hassle providing you with all-inclusive Rental Manager service, including following:
- A built-in tenant screening feature, allowing you to do background checks on your potential tenants
- A free customizable lease agreement template that you can sign right on the platform
- An automated payout system.
Your earning potential depends on your location and your home’s condition.
New, high quality electronics are typically pretty pricey. Some people prefer to test the products before they commit to buying it. And some people only need specific electronics devices for a certain period of time.
That’s where renting out the electronics you’re not using comes profitable.
If you are located in India and consider renting out your electronics, I highly recommend listing your device on Kitsplit.
Generally, you can rent out your electronics for roughly 5% of the device’s retail price for the month.
You may have a storage space like a garage, basement or attic that you’re not using.
On the other hand, there are people who need space to store their items either temporarily or for a long term.
Neighbor.com is a platform that allows you to post your storage space for rent so that people in your neighborhood can see it’s available.
Note that earning potential depends on location, type and size of your storage space.
Any item you may have there in the storage collecting dust might be something other people are seeking.
Loanables lets you list any item in the following categories:
- Home & kitchen
- Lawn & garden
- Miscellaneous (like real estate, media, etc)
- Party & events (tables, decor, etc)
- Sporting goods
- Tools (drill, nailer, etc)
When it comes to shopping for a good quality camera gear, it’s tough to find the perfect product without breaking the bank.
KitSplit is the platform that lets you easily list and rent out your camera gear.
The amount you can earn renting out your camera gear depends on what you’re renting out. For example, you can earn $18/day renting out a Canon EF 70-200mm lens, while renting out an Arri Amira 4k Cinema Package could earn you $979/day.
If you have tools laying in your storage without being used frequently, you can put them to work and make some extra money.
ToolRent provides a platform where you can list your tools for rent and also helps you automate your renting process.
Tools you can rent out via ToolRent:
- Jack hammer – $75/day
- 32′ Scissor lift – $115/day
- Skidsteer with track large – $300/day
- CAT D8 Dozer – $1200/day
- And more
Services ToolRent provides:
- Real-time GPS tracking
- Daily Owner reports
- Delivery and pick up services
- Meet with prospective renters
- Tool storage
- Maintenance and repair
- Tool cleaning
Renting sports equipment is a cheaper alternative to buying them. And if you have any type of sports gear, such as tennis rackets, basketball or even fitness equipment collecting dust in your garage, you can make extra money out of it.
Buro is a peer-to-peer rental marketplace where you can list your sports equipment you’re not using daily.
When you list your items on Buro, you don’t have to worry about losing them. Buro’s protection policy is there to ensure your safety and charges the borrower the money to compensate you for the damage/loss.
Many travelers are trying to minimize their travel expenses and are considering renting a room instead of a whole apartment.
If you have a spare bedroom, you can turn it into a source of income by listing it on Airbnb. Airbnb is the most popular platform for renting out travel accommodation from a single room to an entire condo.
Honeygain is a reliable tool that lets you share your internet connection to its business partners for research purposes.
When you share your internet data, the companies can access the web from your location in order to test how their content appears in different parts of the world.
Based on the data they get from your internet connection, they’ll be able to improve their digital products.
If you own any piece of fashion clothing or accessories, including (but not limited to) a designer dress, Louboutin shoes or a Chanel bag, Style Lend lets you rent them out and make extra cash.
Moreover, as opposed to selling your clothing, you can earn an indefinite amount of cash when you rent it out. And you’ll still own your rental items.
Car Advertising Space
Whether you’re just using your car for your daily commutes or working with Lyft, DoorDash or other similar services, renting out your car advertising space is a great option to earn additional money.
Carvertise is a national advertising company that will place removable ads on your car. Think of them as your agent, because once you register for the program, Carvertise will find advertisers for you.
But what’s best about this agency is that they don’t charge you any fee for their service.
Qualifications for placing advertisements on your car:
- Drive at least 30 miles per day
- Have a clean driving record
- Own a 2008 model car or newer
- Factory finish paint job
Outdoor equipment is typically pricey and people going on a hike for the first time don’t usually buy them. Instead, they prefer to rent outdoor gear from wandering enthusiasts like you.
RecShare gives you an opportunity to list your outdoor equipment for rent and get bookings from people interested in renting your gear.
The company acknowledges that accidents happen and to ensure that you’re getting the best service possible, offers a replacement for your damaged or lost items.
When you rent out your equipment through RecShare, the platform will keep the 30% commission fee.
If you have an extra bike at home, renting it out is probably a better option than selling it. Renting your bike will get you additional recurring income for an unlimited time as opposed to a one-time payment you’ll be getting if you sold it.
Spinlister is the leading peer-to-peer bike rental platform that puts your listing in front of people who seek to rent a bike.
When you rent your bike through Spinlister, you’re free to set your own pricing.
Note that you’ll be charged a 17.5% as a commission when you receive a booking via Spinlister.
Unused garage is a great asset considering the fact that not everyone owns one, but might need it for one reason or another.
GarageTime is a great platform that lets you rent out your garage space to people on an hourly, daily or even monthly basis.
The listing process is fast and convenient. Simply create your account to enable the listing option.
When you rent out your garage through GarageTime, the site will keep a 10% commission fee.
Whether you own classical music instruments, electric equipment or space where people can practice music, you can rent them out for a fair price.
Fretish lets you list your offer online, where people looking for music instruments can book them.
To create your listing, simply select what you offer, describe it in detail and set up your pricing.
BoatSetter is an online rental marketplace where you can list your boat for rent and receive bookings via the platform.
Just select the details of your boat to calculate your estimated earnings with your boat.
Using BoatSetter platform is completely free for the owners, meaning they charge no listing or commission fees.
If you have a land that you’re not using to cultivate, there are people who would rent it in order to work on it.
Tillable gives you an opportunity to offer your unwanted land for rent to people who need it.
Renting with Tillable, your renter pays the lease for 1, 2 or 3 growing seasons in advance. And what’s best about the platform is that there’s no listing, advertising or commission fees associated with your lease.
The Quiver is the largest and most trusted online community of surfboard rentals that’s available worldwide.
To maintain their marketplace operations, The Quiver charges you a 10% commission fee for each booking you receive through their platform.
As winter sports are just seasonal, many people prefer to rent its equipment rather than paying a full price.
This gives you an opportunity to rent out your unwanted or unused snowboards.
And Fat Llama allows you to list your unused snowboard and let people in your area enjoy sliding on the board.
Be aware that Fat Llama will charge you a 25% fee per booking you receive through their platform.
Baby gear is typically expensive and many parents prefer to rent certain equipment in order to save money. Anyway, they’ll be using those baby gears for just a few months maximum, just like you did.
Equipment you can rent out via BabyQuip:
- Car Seats
You’d probably agree when I say fashion bags are expensive. However, typically they aren’t used on a daily basis.
Tulerie is a peer to peer fashion rental platform, that allows you to rent out your fashion bags and earn additional money.
In order to join the community of fashion enthusiasts and start renting out your bags, clothing or other accessories, you need to schedule an interview with the Tulerie representative first.
The interview usually lasts for 10 minutes and will provide you all the information about the platform and the community.
Having party supplies, such as special day decorations, furniture and others means they are collecting dust most of their lifetime. On the other hand, there are people looking for party supplies for rent.
Rentah is a peer to peer rental marketplace where you can rent out your unused party supplies within your neighborhood.
Owning an ATV means it’s standing in your garage collecting dust most of the time.
On the other hand, there are adventure loving travelers who typically rent ATVs for their off-road vacations.
URentMe is a platform that gives you an opportunity to list your ATV and earn money while others enjoy riding.
Not everyone owns home equipment like lawnmowers, jawsaws and air compressors, but there are times they need them. So if you have these types of equipment that you’re not using, you can rent them out for some extra cash.
FriendWithA is a peer-to-peer marketplace where you can rent out a great range of items, including home equipment.
What’s best about FriendWithA is that the company offers you a damage protection guarantee of up to $125,000 to cover damaged, lost or stolen items. You can calculate your insurance fee for your item here.
Note that paying for insurance isn’t mandatory and you can rent out your items without the damage protection guarantee.
Whether people host events or just need certain pieces of furniture for a defined period of time, they may consider renting over buying at full price.
Respectively, if you’ve just upgraded your furniture or decided to unclutter your storage, you can rent your older furniture. This way, you may even profit more on a recurring basis than in case of selling.
Ruckify is an online rental marketplace that allows you to post your furniture for rent easily and safely.
In case of theft, Ruckify suggests you file the police report before requesting the insurance claim.
If you have children, I can imagine how many toys you have managed to collect by far.
But if they don’t play with toys anymore, the good news is, you can make some cash out of renting toys.
Fat Llama gives you an opportunity to list your unwanted toys online and let people who are looking for rental toys make a booking.
While there’s no subscription fee on the site, Fat Llama will charge you a 25% fee for each booking you receive through the platform.
Do you have a shed that’s empty and unused?
Store At My House has been specifically created with the aim to help people rent storage spaces. Basically this platform is an AirBnb for the storages.
The good news is, there’s no listing fees on the platform and you’re not obliged to pay any fees after you receive a booking.
But if you want to automate your payment process and accept funds via Store At My House, you’ll be charged a 15% fee for each transaction.
RV’s & Campers
If you own an RV or a Camper, your vehicle is probably standing in the garage or your driveway most of the year.
So why not make extra cash to at least offset its own cost?
Outdoorsy is the largest platform dedicated to road trippers allowing you to list your RV/Camper for rent. People considering renting an RV for their trip will see your offer and can book your vehicle.
Yes, money can be rented out too!
LendingClub is a peer to peer lending platform allowing you to invest your money while people take personal loans.
This is how investing with LendingClub works:
- A person takes a loan
- The loan is broken down into ‘Notes’ and put on an investment platform
- You invest in notes – starting with as low as $25. You can diversify your investments across multiple projects within your portfolio to increase your returns.
- Borrowers pay back their loan monthly
- Your net return ends up being the average interest rate corresponding to your ‘Notes’ portfolio.
HomeCamper enables you to rent out your land to travelers who’d like to hike, camp or cycle on it. Travelers may also need your land to park their van, RV, or motorhome.
In terms of profits, you may expect to rent out your land for $5 to $65 per night. Although creating a listing is free, you must pay a 7% fee on each booking made through the platform.
YardYum allows you to rent out your extra yard space to people who need a place to garden.
Start by creating your free garden plot listing, which will serve as your garden profile page. After you’ve built your profile, you can sit back and wait for local gardeners to locate and contact you.
If you find a gardener you like, you may meet in person and sign a contract. On average, you can expect to earn $30 to $100 on every 6m x 6m piece of land per month.
If you own a boat or yacht that you don’t use all year and want to earn additional money by renting it out, Sailo is the app for you.
Based on the average boat and yacht rental fees, you may expect to earn roughly $860 per day or $2,030 per week.
While it’s free to list your boat or yacht on the site, Sailo will charge you a 14% commission fee on each rental.
GetMyBoat is a great platform if you have a boat or yacht that you want to rent out to generate extra money. Listing your boat for rent is absolutely free, and GetMyBoat brings the renters to you.
You may hire out whatever sort of boat you own and charge whatever you like – hourly or daily. Based on the current listings on the marketplace, you may expect to earn at least $300 per day.
If you have a spare space in your home, you can earn a passive income of up to $1,000 by renting it out with Nesterly. However, the platform is currently only available in Ohio and Boston.
For using the Nesterly platform, you’ll only be charged 2.5% of your monthly rent. In addition, you’ll need to pay a one-time booking fee ranging from $95 to $195, depending on the length of the rental.
If you have a property and would like to rent it out without actually having to meet tenants in person, Rentberry is the platform to try.
With Rentberry, you can rent your home or apartment for the short or long term, depending on your rental agreement.
The platform is free to use and allows you to earn roughly $1,290 per month for a one-bedroom apartment.
Why Renting Your Stuff Can be a Great Side-Hustle?
Before we dive into different options that can make you extra cash, let’s see why renting out your stuff can be a great side-hustle.
Obviously, renting out different things would earn you a different amount of money on a monthly basis. For example, renting out a 2010 Toyota Camry can earn you $36 per day. And renting out a 2 bedroom furnished house in Boca Raton, Florida costs $7,500 monthly.
Let’s take a look at top 5 reasons to consider renting out your stuff:
- Offset the Cost of Your Items. By renting out your stuff, you’re getting the money back that you’ve spent buying it.
- Passive Income. When you rent out your things, you’re making money by leveraging your assets. You don’t have to work, you just rent out your stuff and lay back while it makes money itself.
- Make Extra Money Outside of Your Job. If you have a job, renting out your stuff can be a great addition to your regular salary.
- Make Money from Things You’re Not Using. If you’re not using certain stuff you own anyway, turn it into an income producing asset that will make you some cash?!
- Help Others. While helping other people may not be your primary motivation, it can help a lot of people save money on items they need for a certain period of time.
Now, let’s take a look at the list of 30 things you can rent out for money.
How to Start Renting Your Stuff?
In order to start successfully renting out your stuff, you should take some things into consideration.
As a general rule of thumb, put yourself in your renters shoes to understand:
- What they need
- How much would they pay for renting your stuff
- And What would make them want your item over your competitors’
Once you decide what you can rent out for cash, simply go to the specific platforms where you can list your items for rent.