Earn Money Renting Your Stuff
Your garage, shed, and spare room are full of items that could be earning you money right now. Here's how to turn idle belongings into a reliable income stream.
The Opportunity
Most of us own far more than we use. The average Australian household has $3,100 worth of items sitting idle at any given time — tools in the shed, camping gear in the garage, a camera collecting dust on a shelf. What if those items could pay for themselves, and then some?
Peer-to-peer rental platforms like iRentMy make it simple to list your belongings and earn money whenever you're not using them. There's no upfront cost, no complicated setup, and you stay in complete control of your items, pricing, and availability.
Whether you're looking to offset the cost of an expensive purchase, build a side income, or simply help your neighbours access the things they need without buying new, renting out your stuff is one of the easiest ways to put money back in your pocket.
$150 - $300 / month
The average iRentMy owner earns this from items that were sitting in their garage
Top Earning Categories
Some items earn more than others. Here are the categories where owners see the highest returns.
Power Tools
$180-350/mo
Pressure washer, circular saw, tile cutter, rotary hammer
Cameras & Lenses
$200-400/mo
DSLR bodies, telephoto lenses, gimbals, lighting kits
Party Equipment
$250-500/mo
PA speakers, marquees, projectors, fairy lights
Vehicles & Trailers
$300-600/mo
Box trailers, campervans, car-top carriers, ute trays
Sports Gear
$100-250/mo
Surfboards, kayaks, mountain bikes, paddleboards
Gaming Consoles
$80-150/mo
PS5, VR headsets, extra controllers, racing wheels
How to Maximize Your Earnings
Follow these six proven strategies to get the most out of every listing
Take great photos
Use natural light, a clean background, and shoot from multiple angles. Listings with 5+ quality photos get 3x more bookings than those with one blurry shot.
Write detailed descriptions
Include brand, model, year, condition, and everything that comes with the rental. Mention what projects or events the item is perfect for. The more detail, the more trust.
Set competitive prices
Research what others charge for similar items in your area. Offer weekly discounts (e.g., 5 days for the price of 4) to encourage longer bookings and reduce handover effort.
Respond quickly
Owners who respond within 1 hour get 4x more confirmed bookings. Turn on notifications and reply to enquiries promptly, even if it's just to say you'll check availability.
Maintain your items
Clean and inspect every item after each rental. Replace worn parts proactively. Well-maintained items earn higher ratings, which directly drives more bookings.
Build your reputation
5-star reviews are your best marketing tool. Go the extra mile: include a quick-start guide, offer flexible pickup times, and follow up after each rental to ensure satisfaction.
Pricing Strategy Guide
Recommended rates based on what top-performing owners charge across iRentMy
| Category | Daily Rate | Weekly Rate | Suggested Deposit |
|---|---|---|---|
| Power Tools | $30-80 | $120-300 | $100-300 |
| Cameras & Lenses | $40-150 | $160-550 | $200-500 |
| Party Equipment | $50-200 | $200-750 | $150-400 |
| Trailers & Vehicles | $60-150 | $250-600 | $200-500 |
| Sports & Outdoor | $25-80 | $100-300 | $50-200 |
| Gaming & Electronics | $20-60 | $80-220 | $100-300 |
Tip: Offer a weekly rate at 4x the daily rate to encourage longer bookings and reduce handover effort.
Frequently Asked Questions
Ready to Start?
Join thousands of renters and owners on iRentMy. It's free to sign up.