In a marketplace that’s seen wild fluctuations, the cost of renting an RV is one of the few figures that has stayed much the same. According to an article by Go RV Rentals, the average rental price of $184 per night is only a dollar more, on average, than in 2023. This is not a new trend, either, as prices have only gone up an average of four percent over the past five years.
How Much Do RV Rentals Cost?
While the average cost of RV rentals has not changed, that’s not the whole picture. Depending on the category of RV and where it’s based, you may be paying far above that $184 figure – the most expensive listing in the survey was a Class A that goes for $1,400 a night.
Class As are indeed the most expensive category in the survey – and in general – though the average listing price was a more palatable $313. The cheapest RVs to rent were pop-ups, which averaged $90 a night. By location, Tampa came in at the bottom with an average of $164 per night, while Houston was the highest at $198. Shopping for the best deal? You’re looking at a pop-up in either Salt Lake City or Dallas at $80. On the other end of the scale, a Class A in Miami averages $373 a night.
Of course, these are all averages, and each listing will be priced lower or higher based on age, amenities, and other factors such as pick-up and drop-off, or pet accommodations.
Why Do Owners Rent Out Their RV?
In addition to traditional rental agency companies like Cruise America and El Monte RVs, many individuals rent their RVs out. In fact, there is a whole community of RV owners who specialize in renting them to others.
Some individuals who rent out their RVs do so to help defray costs. If someone’s monthly payment is $1,000 per month on an RV, it doesn’t take a lot of nights at the average rate to recoup that investment.
Other owners purchase used rigs – right here on RVTrader – specifically to put them into the rental market. One individual who spoke with us said that he and his wife have one trailer they use for rentals and are shopping for a second. For them, renting out their RV has become a great source of income, particularly during big local events. The only hassle is organizing the drop-off and pick-up of the trailer.
How Do Individual RV Rentals Work?
Like AirBnB and Vrbo, there are a number of platforms that match renters with owners and include various degrees of insurance and other security features as part of the process.
Owners are able to set the terms and price for their rentals based on their own conditions. Some owners choose to drop off and pick up their RVs, while others ask renters to do that themselves. Typically the cost of the rental only covers the RV itself and does not include camping or other fees; though owners can offer amenities and equipment like pots, utensils, dishes, and towels as part of the equation.
Interested in renting out your own RV? It’s important to do your research to see if it’s the right fit, especially if you are still actively using your RV and only renting part-time.
The Rise of RV Rentals
RV renting is a vibrant and growing industry, and it’s easy to see why. As rental platforms have matured, there’s an opportunity for experienced owners to turn their RVs into a source of income – and maybe justify adding another RV to their fleet.