![]() That said, you’ll see hourly rates add up to the least cost-effective approach. If you have an uncertain end date, pick a rental plan that covers the minimum and ask about the rental companies’ extension policy. Monthly RatesĪs you can see from the rates listed above, it is much more cost-effective to rent a forklift for one month rather than four straight weeks. None of the figures above are going to be exact, they are just meant to give a solid price range. The rates above are an average of nationwide forklift rental costs and may vary depending on a number of factors. These fees only represent rental fees and do not include other additional costs, such as: Always choose the rental option that is in the timeframe most realistic for your project. Forklifts heavier than 15,000 pounds tend to be the most expensive option. The larger capacity you need, the more you’ll pay in the end. Each cost will depend on a number of factors, mostly determined by lifting capacity.įor a 3,000-pound electric forklift, one might expect to pay $100-$150 per day, $350-$450 per week, or $750-$1000 per month. Now that you know a little bit about forklift specs, we can examine the costs. If so, the cost of renting a forklift will be higher for late returns. You should also read the agreement to know whether the company will charge you penalties if you happen to return the machine late. On average, a two-hour rental for an 8,000-pound forklift would cost you about $163 per hour. ![]() If you would rather rent a higher-capacity forklift on an hourly basis you should be prepared to spend more. Some of the leading rental companies would be willing to rent it to you for about $124 for an average of two hours. This is one of the reasons why they charge a comparatively high cost for such rentals.įor instance, you may need to rent a low-capacity forklift, say a 5,000-pound capacity forklift, for just a few hours. While there are many forklift rental companies in the industry, only a few offer per-hour rental agreements. For monthly forklift rental plans, machines with this capacity often cost between $1,500 and $4,500 a month to rent. With weekly rental plans, most companies will charge you between $500 and $2,000 a week. For instance, daily rental plans for these machines cost between $200 and $700 a day. This being the case, the various makes and models within the range come at higher rental costs. Machines within this range are some of the largest forklifts you can find today. Large Capacity Forklifts (10,000 to 30,000 lbs.) In this case, you will be required to pay between $150 and $300 a day to rent the machine. Some of the best forklift rental companies are also known to offer daily rental plans. Should you decide to opt for monthly rental plans, the leading providers will charge you between $1,000 and $2,000 per month. On average, a medium-capacity forklift costs between $350 and $700 a week to rent. Medium Capacity Forklifts (6,000 to 10,000 lbs.)Īs you can imagine, these are larger in size and even more powerful, as compared to the low-capacity forklifts. The leading rental companies will charge you between $750 and $1,000 for such a forklift with monthly rental plans. With daily rental plans, you should expect to spend between $250 and $360 a day on such a machine. ![]() The smallest of forklifts in the market today is capable of lifting between 3,000 and 5,000 pounds.Īs such, these units tend to attack the lowest rental rates. Holding other factors constant, the cost of renting one will depend on its capacity and how long you would like to have it.īearing these in mind, here are the industry average rental rates for forklifts: Low Capacity Forklifts (3,000 to 5,000 lbs.) Equipment Can be Customized When BoughtĪverage Forklift Rental Cost – Industry Standard.What to Consider When Renting a Forklift.Large Capacity Forklifts (10,000 to 30,000 lbs.).Medium Capacity Forklifts (6,000 to 10,000 lbs.). ![]() Low Capacity Forklifts (3,000 to 5,000 lbs.).Average Forklift Rental Cost – Industry Standard. ![]()
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