How Much Can You Make Renting Out Tools?

Renting out tools is one of the most popular ways to earn passive income from things you own. But how much can you actually make? Here's a realistic breakdown.

Typical daily rates

• Cordless drill kit: $12–$25/day
• Circular or reciprocating saw: $15–$30/day
• Pressure washer: $25–$45/day
• Generator: $40–$75/day
• Wood chipper: $75–$200/day
• Scissor lift: $100–$300/day

Doing the math

Say you own a drill kit, a circular saw, and a pressure washer. If each books just four days a month at average rates, that's roughly $250–$400 a month — from tools you already own and barely use.

Higher-value tools change the picture entirely. A single chipper or lift booked a few weekends can earn more than a part-time job's worth of side income.

What affects your earnings

• Demand in your area — more neighbors, more bookings
• Seasonality — pressure washers and chainsaws spike at predictable times
• Pricing — competitive rates win more bookings
• Presentation — clear photos and details book faster

List your tools on Renting Hive, set your prices, and start tracking real bookings. The income scales with what you own and how often you list it.