- Why Rent Things Out?
- Best Types Of Things To Rent Out?
- 25+ Rental Ideas Of Things To Rent Out For Money:
- Rent Out Anything
- Empty Space
- Party Equipment
- Rent Your Car
- Parking Space
- Film And Photography Equipment
- Music Equipment
- House or Spare Room
- Advertising Space On Your Car
- Experiences And Fun
- Workout Equipment
- Baby Gear
- Rent Your Boat
- Your Money
- Rent Your Land
- Sports Stuff
Do you have things sitting around the house and wondering how or if you can rent them out for some extra money? Or maybe you’re thinking of starting a rental business and want to get ideas of some of the most popular stuff to rent out?
Either way, renting out your stuff is a great way to make extra income and leveraging what you already have.
Each rental idea will be structured in the following way:
- Type of rental (Category)
- Ideas within that category (Sub-Category)
- Where you can rent them out (Links to apps and websites)
Why Rent Things Out?
- (Another) Source of income: Renting your stuff out can provide a good source of side income or even full-time income depending on your approach to it.
- Opportunities: You may find you really like renting things out and want to start your own rental business.
- Turning things into assets: Putting the stuff you have sitting around the house to work for you is a good way to turning your belongings into assets and putting them to work.
- Leveraging what you have: Renting out what you already have is a smart way without needing to purchase before you rent them.
- Semi-passive income: Passive income, as defined by the IRS, “is when you make money from an enterprise where you’re not materially involved.” And rentals are a great way to earn money without being 100% involved. This is why we say rentals are semi-passive. Because it requires you to do the upfront work, but then makes you money without you needing to be involved.
- Damaged, Lost, or Stolen: If you’re renting your stuff out on rental apps, more than likely they will always have a policy for this. But you will always want to double-check before renting out over any site.
Best Types Of Things To Rent Out?
The best and most popular things to rent out are usually the items that:
- Are too expensive
- Will only use once (one-time use)
- Occasional (infrequent)
- Special occasion
- For experiences
Tip: If you don’t have any of the most popular rental items from the list below laying around your house, consider purchasing some of them and renting them out, if it does well – repeat it.
17+ Rental Ideas Of Things To Rent Out For Money:
Here are a ton of popular rental ideas and rental apps you can use to start listing your stuff on and start making money now.
#1. Rent Out Anything
First and foremost, just know that you can rent out practically anything to anyone. If don’t own any of the popular niche rental items of the ideas listed below or you’re looking for more suggestions, try rental apps that are built to rent anything.
Note that all of the rental ideas listed below can also be rented out on these ‘rent anything’ platforms, like Craigslist or Fat Llama, along with the additional apps listed.
Tip: Get ideas of what to rent out by searching through rental apps like Fat Llama to see what other people are listing on there.
#2. Rent Out Empty Space
If you have any open space you’re not using, this can get rented out for storage space, office space, film and photo shoots, or holding an event amongst many other things.
- Empty garage
- Unused shed
- Empty building or space in the building
#3. Rent Out Party Equipment
Party rentals are by far one of the most popular types of rentals. This type of equipment is always getting booked up for things like children’s birthday parties, weddings, block parties, banquets, baby showers, and the list keeps going on and on.
- Tents & canopies
[ Related Article: How To Start A Party Rental Business: Step-by-Step ]
#4. Rent Out Your Car
Whether you have a personal car, a few cars, or a whole fleet of vehicles to rent out, renting out your car is a great way to make up to an extra $1,000+ a month per car while turning your car from a liability to an asset.
- Your everyday vehicle
- Vintage vehicle
- Sports car
Note: Always do your due diligence on a car rental company before renting your car on their platform.
[ Related Article: What You Need To Know Before Renting Your Car Out ]
#5. Rent Out A Parking Space
Renting out your parking space can make anywhere from $200-$400 a month renting out your space depending on location and type of space.
- Empty lot
#6. Rent Out Film And Photography Equipment
This type of equipment can be expensive to buy, making it a very popular rental niche. If you have any film and photography equipment, consider renting it out when you’re not using it.
Film and photography rental apps: ShareGrid
Note: Make sure your equipment is insured before renting it out.
#7. Rent Out Music Equipment
Much like film and photography equipment, owning music equipment can also get expensive, making this another very popular niche to rent out in.
- Hardware & software
Music equipment rental apps: Fretish
#8. Rent Out Your House or Spare Room
One of the most common and popular things to rent out is a house or spare room. Being a landlord has always been a thing, but ever since the rise and success of Airbnb, it makes it even easier to find qualified guests and tenants to rent your place out to.
- Spare Room
#9. Rent Out Your Furniture
There’s a reason why furniture companies like Wayfair, Aaron’s, and now Ikea are offering furniture rental options – it’s a growing industry in the U.S bringing in about 741 million in revenue in 2020.
People decide to rent furniture if they just moved, temporarily moving, staging a home to sell, trying out different styles before they commit to buying, etc.
#10. Advertising Space On Your Car
Did you know you can make an extra $200-$500 per month advertising on the space of your car? It sounds scammy, but there are a few legit companies that actually do partner with businesses to wrap your vehicle.
- Fully wrap your car
- Partially wrap your car
#11. Experiences And Fun
These are popular types of rental items because they are just looking for some fun and need to rent the equipment once for the experience.
- VR headset
- Snowboard or skis
- Electric scooter
- Xbox or Playstation console, controllers, or video games
#12. Rent Out Workout Equipment
- Free weights
- Bench press
- Exercise balls
Tip: You may want to look into renters signing injury liability waivers before using your exercise equipment.
#13. Rent Out Unused Baby Gear
If you have any baby stuff lying around that you haven’t used in a while, you can rent those out. Folks looking to rent out baby equipment are often those who are traveling or on vacation and rather rent big bulky stuff, like a stroller, rather than take it with them.
- Car seat
- Monitoring & safety gear
Baby gear rental apps: BabyQuip
#14. Rent Your Boat
If you have a boat to rent out, this can be a big money maker.
- Fishing boat
- Party boat
#15. Lend Out Your Money
Lending out your money, known as peer-to-peer lending, is the closest thing on this list to passive income. If you’re looking to earn a 5% to 10%+ annual return on your money, this is something you should look into. The only catch is this type of investing can get risky so the IRS requires you to be an accredited investor on some peer-to-peer lending platforms.
[ Related Article: 21 Cash Flow Assets That Generate Monthly Income ]
#16. Rent Your Land Out
Leasing your land out to farmers, investors, and the like can bring in good income – especially if you have a lot of it.
#17. Sports Stuff
- A basketball
- Hockey sticks
- A football
- Baseball bats and gloves