There are certain areas of my home that are starting to look like an episode of “Hoarders.” My garage and several of my closets are dangerously close to reaching critical mass and most of the items shoved in there have only used a handful of times! I’m famous for buying things that I’m certain I’ll use regularly, but sadly I just end up with lots of clutter and things that I just don’t need!
Renting is an option that I normally wouldn’t consider, but I’ve recently come across numerous websites that make renting items so easy! I think it’s time to start doing things a bit differently!
Renting is good for your wallet in TWO ways. You can spend less money by renting an item instead of buying it, AND you can even make a little money by renting out the things that you don’t use! Websites and apps like NeighborGoods, PeerRenters, RentMyItems, RentNotBuy and RentyThing provide you with the opportunity to list your own items, or find something you’re looking to rent.
You can also consider trading items with friends! I have quite the collection of luggage and handbags for rent or trade if anyone is interested! ;-)
Here are 10 items that you might not have thought to rent (or rent out) and the sites that’ll help you do it:
1. Power Tools
If you need a specific power tool for just one project, consider renting the tools instead of buying them! Home Depot rents drills for just $10 a day! I did NOT know that!
2. Recreation Equipment
Before committing to an expensive new hobby, rent out the equipment for a weekend and give it a try. Whether you’re looking to camp, rock climb, snowshoe, etc….you’ll be able to try it out without spending too much. Plus, you’ll have an idea of what you’re looking for when you’re ready to buy your own equipment! Check REI or search Google for outdoor rentals in your area.
3. Your Driveway
If you live in a busy area, you could consider renting out your driveway. You could make quite a bit of extra money in the right location! Look for a place to park, or list your parking space on JustPark or Spot.
Textbooks can be outrageously expensive, so renting is a great option if you won’t be needing the book later on. You can rent books on lots of different websites (including Amazon,) or from most campus bookstores.
5. Wedding Cakes
Wedding cakes are BIG part of the BIG day – but they are also expensive! If you’re looking to cut costs when planning a wedding, consider renting an inedible cake from CakeRental or FakeCakesByCatherine for the photos, and then serve a cheaper, delicious sheet cake from Costco. I actually LOVE this idea!
6. Video Games
New video games cost around $60, but you can rent games from websites like GameFly for about $15. Plus, you get the whole month to try it out, and shipping is free!
7. Camera Equipment
For a special event or weekend, you can rent a camera or a specific piece of equipment from CameraLends. If you have all the equipment, but don’t use it very often, you can rent out your own gear on the same website.
Search for a “bike share” in your area to find information about renting bikes to ride around the city. GreenBikeSLC allows you to rent a bike from one location, and return in at another. They’re great for locals and tourists alike! If you have a bike you’re not using, rent it out on Spinlister or SpokeFly.
The next time you’re thinking about buying something, first ask yourself if it could and should be rented.
What items have you rented or rented out?