An RV can tend to spend a lot of time in the storage or in the driveway during your off-season, but chances are that your off-season isn’t the same as someone else’s off-season for RV adventures. In the storage or driveway, the RV is only taking up space; whereas renting it out to people makes you money while you’re too busy to use it yourself.
On average, an RV owner can make at least $100 per night and $10,000 per year, but the value can change based on the type of RV.
Not sure if renting out your RV is the best option for you just because you’re not convinced that you’ll actually make any real money from it? Here’s a helpful guide that will walk you through the benefits of renting out your RV and just how much money you will likely make if you do it right.
Realistic Numbers for Renting Your RV
There are people out there who will tell you that you can make as much as $30,000 per year by renting out your RV. Some might even say that renting out your RV will make you more money in the long run compared to just selling it.
While this may be true for some people, there are specific criteria that must be met before even considering that high amount of income as a possibility.
Before we get into that, though, let’s break it down to the basics with how much you can typically expect from renting out the various types of RVs.
The table below shows the average rental price that is asked for each type of RV and how much you can expect to make in a week.
|Type of RV||Rental Price |
|Rental Price |
As you might see in the table, how much you can ask as your renting price really depends on the type of RV you have. This is mostly because some RVs, like those in Class A, come with more amenities and tend to be roomier and a tad more comfortable.
Basically, the fancier the RV gets and the more amenities, the higher the price can go. Honestly, though, you can still make a good bit of money renting out your RV, no matter the type or amenities included.
I know that making those higher numbers on the further end of the spectrum can be exciting, but in order to ensure you actually get the sales you want, I highly recommend starting with the lower prices first and working your way up to the higher price range once you get more experience under your belt in the RV rental world.
Can you imagine how much money you would make, though, if you decided to rent out any of those types of RVs for even just a few weeks? You’d be making enough money to get all of those upgrades done that you’ve been dreaming about (which would ultimately allow you to raise the prices with that much more to offer) without having to do much work to get there.
When to Rent Out Your RV
Alright, now to get into all of those specific criteria for making the most amount of money with renting out your RV. Remember when we discussed the specific conditions that made it a great time to sell your RV? The same goes for picking just the right conditions for renting out your RV.
During Your Off-Season
Most likely, you’ll want to rent out your RV–if you still enjoy those RV adventures, that is–during your off-season. For a lot of people, the off-season is during the winter months when it starts getting uncomfortably cold outside and the weather makes it pretty difficult to enjoy any form of camping.
Unless you’re one of those hardcore campers who can handle any weather conditions, this wintry off-season is a great time to rent out your RV–but not to locals. Chances are that if you don’t want to use your RV in the snow, they won’t either.
However, people who are further down south enjoy the warm weather practically year-round, and they would likely take your RV off your hands during those winter months for a good price.
This way, you’re putting your RV to good use while you’re not using it instead of just tucking it away in storage somewhere.
During the Warmer Months
Alright, for those of you out there who are reaching that point in your lives where you’re just about ready to take a long break from the RV life, if you want to try renting out your RV rather than selling it because you’re not completely sure about your decision for a break, the warmer months are always a good choice.
As I said in the article about selling a used RV, people are always looking for RVs to buy or rent as soon as the weather starts warming up because they can’t stop dreaming about their vacations and family adventures.
Luckily for you, you have lower pricing on your side because renting an RV tends to be a lot cheaper and relatively more realistic than buying one, especially if the family is only looking to use it for one short trip.
Planning to rent out your RV during the warmer months will likely get you more interested customers and better sales that could potentially last you throughout the entire spring and summer.
The next thing that will help you to make the most out of renting out your RV is picking the best places to rent it.
Where to Rent Out Your RV
There are honestly a lot of options out there for where you can rent your RV. Of course, there’s always the option to rent it out only to close family and friends that you already know you can trust, but keeping the circle for potential customers that tight will most-likely not get you to those high numbers of making $10,000-$30,000 per year. Plus, your friends and family members will likely want a discount from you.
Sure, starting local is a great way to start out with renting out your RV, but if you really want to make those big numbers, it’s a good idea to reach out to people online.
My personal favorite is RV Share, but other options for renting out your RV online include:
Now, those are just the top three RV rental sites; there are plenty of other options, but going through just these four will give you a basic idea.
The best thing about posting your listing on an RV rental site is that they require minimum effort on your end. All you have to do is make an account, make the listing, and wait for the sites to bring in the potential customers for you. The rental sites take care of the advertising as well as sending only the most trustworthy customers your way.
How easy is that?
So, What’s the Catch?
I would love to tell you that there’s no downside to renting out your RV, and specifically renting it out through an online rental company, but that wouldn’t be completely honest.
When calculating the amount of money you could potentially make with renting out your RV, you need to include the amount you will have to pay as well, if you really want to be realistic.
This is when renting through an online peer-to-peer rental company can be nice because most of the sites offer some sort of insurance for both the renters and owners.
That way, if something happens while your renter is out on their RV adventure with your RV, you don’t have to deal with the entire cost all on your own.
However, with those sites, though they do not require a fee for listing the RV on their site, do require a small percentage of the total reservation cost as a sort of commission. As that is, this small commission typically covers the cost for them marketing your rental for you, 24/7 roadside assistance, and renter and owner support.
Really, if you think about it, with all those provided benefits with renting out your RV through their site, the small commission price is worth it.
For RV Share, their fee can be as low as 15% of the booking price–only once you’ve finalized the sale, of course. So, you will receive roughly 85% of the final booking cost. Whereas, with Outdoorsy, owners will typically receive 75-80% of the final booking cost and any add-on charges.
As for Campanda, they require a commission fee of 20% of the total rental fee minus the cost of insurance, roadside assistance, and taxes–all of those are paid on the renter’s side, not yours.
Even with those commission fees, you still get to set your own price for your RV rental. If you want to make a specific amount of money, like $2,000 for renting out your RV for one week, and you know the rental company you’re working with will take out as much as 25% of the final booking price, you could consider raising the price by that 25%.
That way, you will be sure to get the actual amount of money you want even after the commission fee has been taken out.
Perhaps I’m the only slow one in the bunch that can tend to get lost in all of the numbers, but even so, I’m going to give you an example to show you what I’m talking about.
Alright. Say you’re planning to rent out a Class A RV for one week through Outdoorsy. They already took care of all of sorting through those pesky customers for you and ensured that you had only the best to respond to, and the sale is complete.
The renter pays a total of $1,225. Outdoorsy takes out their 20-25% commission before the money is transferred over to you, and you receive a total of anywhere between $918.75 and $980.
Perhaps you’re not making the complete amount of the final booking cost with renting out your RV, but it is a lot more than you would be making with just letting the RV sit in storage or in your driveway, and the extra coverage provided by the rental company is worth the cost.
Now, say those commission fees are taking out a bit more money that you would like to be left with, so you decide to raise the price by 20%, just to see if people will go for the rental or not.
The final booking price is now $1,470 (which is still in the expected price range for Class A RVs), Outdoorsy takes out the 20% commission fee, and you’re left with that nice $1,225 total.
Imagine, renting your RV out even just every other week for three months, even after paying the commission fees, you would still make as much as $5,880 in just three months. And you wouldn’t have to do much of anything. I don’t know about you, but I wouldn’t mind having that much extra money for no effort on my part.
Like I said, extra money to finally do those upgrades on your RV to make the pricing go up on how much you can ask for the rental fee.
Can You Really Trust Those Renters Though
Now that I’ve gotten you all excited for making lots of money with renting out your RV, let’s talk about the less exciting topic: the renters.
Unless you want your income from renting out your RV to drop way down, it’s important to rent it out only to customers you can trust. Perhaps this means checking out their track record, having them fill out some forms, and maybe even doing a background check on them if you want to go that far.
Or, you can go through those peer-to-peer RV rental sites that I’ve been talking about and trust their ability to perform all of those background checks for you.
Believe me, I know that entrusting the precious RV that you’ve put so much time and money into a perfect stranger can be scary and difficult, but the rental sites have you covered.
You have the complete freedom to decline potential renters at any time and for any reason. Most of these rental sites will require the renter to make a profile first that will include some personal information and history that you can look through to decide if you think you can really trust them to treat your RV well.
In the off chance that something does end up happening to your RV, the renter’s security deposit and renters insurance can cover the cost of fixing it before you even have time to worry about it.