How Much Does It Cost to Rent a Skid Steer?

You're looking to tackle some heavy-duty projects around your property and thinking about renting a skid steer. But how much should you budget for one of those powerful compact loaders? Rental costs can vary based on the size and capabilities of the equipment. Plus you need to factor in delivery fees, fuel costs, and other incidentals that can quickly add up. Here in The Trade Table, we'll break down typical skid steer rental rates and other expenses to help you estimate a realistic budget.

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Average Hourly and Daily Rental Rates for Skid Steers

Skid steers aren’t cheap to rent, but rates can vary quite a bit depending on factors like the size and age of the machine, time of year, and how long you need it. For a typical mid-sized skid steer, you can expect to pay between $175 to $350 per day or $125 to $250 per hour.

Weekend and Weekly Rentals

• For a weekend rental of 2 or 3 days, you'll usually get a bit of a discount and pay $300 to $600 total. Weekly rentals of 5 to 7 days will range from $750 to $1500. These longer rentals often make the most sense if you have a big job to do since you'll save money overall and have more time to complete the work.

Seasonal Price Differences

• Prices are often higher during the busier summer months and on weekends when more people are doing yard and construction work. If your schedule allows it, you can save up to 25% by renting during the off-season or midweek. Some rental companies may run special promotions in the fall and winter with discounted daily and weekly rates.

Additional Fees to Budget For

• Don't forget that renting a skid steer also means paying for fuel which can cost $25 to $50 per day depending on how much you operate the machine. You'll also want to budget for any attachments like grapples, augers, or harrows which typically rent for $50 to $200 per day. And there may be small fees for things like delivery, environmental recovery, and insurance waivers.

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Factors That Influence Skid Steer Rental Costs

The price to rent a skid steer can vary quite a bit depending on several factors. The type of skid steer model and its features are a big one. A small, basic model might cost $200-$500 per day, while a large machine with lots of power and attachments could cost $500-$1000 per day or more.

Operating Weight

• In general, the heavier the operating weight of the skid steer, the more it will cost to rent. Lighter machines, around 1,500 to 3,000 pounds, are good for basic tasks like moving materials, while heavier-duty models, 4,000 pounds and up, can handle attachments like augers, pallet forks, and stump grinders. These heavier machines typically rent for $50-$200 more per day.

Engine Power

• More powerful engines, typically measured in horsepower, allow the skid steer to operate attachments and move heavier loads. Skid steers with 60 to 85 horsepower are common for small to mid-size jobs, while those with 85 horsepower or more handle the biggest tasks. Expect to pay $50-$200 per day extra for a skid steer with significantly more power.

Attachments

• Renting additional attachments like augers, pallet forks, grapples or stump grinders can increase your rental fees by $50-$500 per day depending on the type of attachment. Some rental companies may charge a one-time fee for switching out attachments on the skid steer during your rental. It’s best to determine what attachments, if any, you need and reserve them along with the skid steer to avoid additional fees.

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Estimating Your Total Skid Steer Rental Budget

Renting a skid steer for a project can cost anywhere from $300 to $2,000 or more per day, depending on the size and features. When budgeting for your rental, there are a few factors to keep in mind.

Rental Period

• The longer you need the skid steer, the higher your total bill will be. For a small residential project like landscaping, you may only require it for a single day. Larger commercial jobs may need it for a week or more. Ask about weekly and monthly rates, as the daily rate is usually the most expensive. Some rental companies may offer a small discount for longer rentals.

Skid Steer Size and Type

• A smaller skid steer, like the Bobcat S70, will cost less than a large model designed for heavy-duty work. Standard wheels are typically the most affordable option, while tracks, 4-wheel drive, and high-flow hydraulics will increase the rental fees. If you need attachments like an auger, grapple bucket, or pallet forks, be prepared to pay extra for those as well.

Additional Fees

• Don’t forget additional surcharges like environmental fees, consumables fees for propane or diesel fuel, and transportation fees if delivery and pickup are required. Late return penalties are common, so give yourself plenty of buffer time. You’ll also need to leave a deposit, typically a major credit card, which will be refunded if the skid steer is returned undamaged and on time.

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Ways to Save Money on Your Skid Steer Rental

Rent for longer

The longer you rent the skid steer, the lower your daily rate will typically be. If you only need the equipment for a few days, the daily rate can be quite high. But if you rent for a week or more, you can often negotiate a lower rate. Some rental companies offer weekly and monthly rates that can save you a bundle. If you have a big job that will take several weeks, renting long-term is the most budget-friendly option.

Shop around at different rental companies

Comparing rates at different rental companies in your area is one of the best ways to get a good deal. Rates can vary significantly, so check with national chains as well as local independent shops. Get quotes for the specific model you need to compare apples to apples. Some companies may be willing to match or beat a competitor’s rate if you let them know you’ve found a lower quote.

Ask about package deals and extras

In addition to the base rental rate, you’ll typically pay extra for things like delivery, fuel, insurance, and damage waivers. See if the rental company offers any package deals that include extras at a lower overall cost. You may be able to get a discount if you pre-pay for fuel or waive additional insurance coverage. Ask if they offer weekly or monthly rates for damage waivers and other add-ons. Every dollar saved on extras adds up!

Negotiate the best deal

Once you’ve compared rates and options, negotiate with the rental company to get the lowest price. Ask if they can shave a few dollars off the daily, weekly, or monthly rate. See if they’ll throw in any extras for free, like delivery, fuel, or a damage waiver. Be willing to commit to a longer rental period in exchange for a lower rate. Come prepared with the rates you’ve been quoted by competitors, and politely ask them to beat the best deal. With some negotiation, you can save 10-30% on your skid steer rental.

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How Much Does It Cost to Rent a Skid Steer

The bottom line is you should plan for skid steer rental costs between \$200-\$500 per day depending on the model. Mini skid steers on the low end, large multi-terrain models on the high end. Factor in delivery/pickup charges too. And don’t forget the hidden costs - fuel, repairs if you break something, going over on rental days. Create a detailed budget with padding for the unknowns. Better to overestimate and come in under budget than the other way around. Skid steer rentals can quickly eat up cash without good planning. Now that you know what to expect price-wise, you can make smart choices when renting a skid steer for your next project.