There are things you can rent that you may not have given thought to.  Making a purchase, especially when it involves a large price tag, is a financial commitment. At times, you may need something but don’t necessarily want to commit to buying that item because you know you won’t use it often enough to justify the purchase. In addition, you may only need the item for a short period of time, or you don’t have space in your home to store it.


Renting instead of buying is becoming a popular trend, especially among millennials who don’t want to be burdened by “stuff”. In fact, one Harris poll found that three out of four millennials would rather spend money on experiences than things.

If you’re trying to save money, repair your credit, or stick to a budget, then you may benefit from renting instead of buying some items. In this article, we’ll share some ideas, so you can decide what makes the most sense for your needs and financial constraints. 


To cater to millennials’ habits, many retail apparel and accessories brands today now offer a rental option. Rent the Runway was one of the first companies to begin offering this service. When you visit this Rent the Runway website, you’ll find designer clothing, dresses, and accessories. If you have a special event or important work meeting in your future, then you may want to rent an outfit for one-time wear. In addition, brands like Express, Switch, Gwynnie Bee, and more offer rental programs for clothing and accessories.

Home improvement tools

Are you planning a DIY project around the house? You probably don’t need to buy new power tools for a one-time event; not only are these tools expensive, but they can also take up a lot of space in your garage or shed. Instead, consider renting the tools you need from your local home improvement store. You can rent things like lawn mowers, chain saws, power washers, carpet cleaners, and more for hourly, daily, or weekly rates. 

Tires and Wheels

When it comes to tires, you always want to make sure they are in safe and working condition.  Bald tires are very dangerous and not something to leave to chance. With that being said, tires can be very expensive.  If you don’t have the money for new tires, renting may be the right option for you. This is not necessarily the cheaper option over the long haul but it will get the tires you need to drive safely. Rent A Wheel is one of these companies if this is something you’re interested in.


If you don’t travel tons, renting luggage may be a smart financial move for you.  We all know how clunky luggage can be and the amount of space it takes up. Websites like have everything you need to take a trip.  Not just luggage but camping tents, sports equipment and more.   

Garden Space

Growing your own vegetables sounds like a beautiful idea doesn’t it?  You save money and you get fresh tasting veggies. But if you don’t have the space for a garden.  What do you do? Many cities offer garden space that you can rent. Find a community garden where you can rent a plot that is not too far away since you will need to go back and forth to tend to it.  There is usually a small fee associated with renting the space.   

Camping equipment

If you are looking to enjoy the outdoors and maybe try out camping, renting the equipment is a smart idea.  You don’t want to find out you really hate being outdoors after spending all kinds of money on camping equipment. Instead, rent everything you need from a company like REI or OutdoorsGeek.  If you find you were meant for the outdoors lifestyle, then you may want to invest in everything you need.    

What are some things that you’ve rented in the past? Would you do it again?