The real cost of a moving truck depends on distance, truck size, and when you rent
A cheap moving truck rental is not a fixed price — it changes based on how far you are moving, what size truck you need, and what day of the week you rent. A local one-way rental of a 10-foot truck might cost $20 to $40, while a 500-mile move in the same truck could run $300 to $600. Peak moving season (May through September) and weekend rentals cost more than weekday moves in winter. The lowest prices usually come from renting on a Tuesday, Wednesday, or Thursday during the off-season.
The major rental chains — U-Haul, Penske, Home Depot, and Budget — publish their rates online and let you compare prices by entering your pickup location, dropoff location, and rental dates. Smaller local moving truck companies sometimes undercut the national chains, but you have to call them directly because they do not always list prices online. The cheapest option is not always the best one: a truck that breaks down mid-move or charges surprise fees can turn a bargain rental into an expensive disaster.
Key Takeaways
- Compare quotes from U-Haul, Penske, Home Depot, and Budget on the same dates and route to see which company is cheapest for your specific move.
- Weekday rentals in winter months cost significantly less than weekend rentals during summer, so timing your move can cut your rental cost in half.
- The rental price quoted online usually does not include mileage fees, fuel, insurance, or equipment like dollies, so add those costs before deciding which company to use.
- Local moving truck companies sometimes charge less than national chains, but you must call them directly to get a price because they do not post rates online.
- Damage waivers and insurance options vary widely between companies, so read what each one covers before you rent to avoid surprise charges when you return the truck.
Where to get quotes and what prices actually include
Start by going to the websites of U-Haul, Penske, Home Depot, and Budget and entering your pickup address, dropoff address, and rental dates. Each site will show you a base rental price. That base price is almost never the final price you pay. Most companies add mileage fees (charged per mile driven), fuel surcharges, and taxes. Some also charge a drop-off fee if you are returning the truck to a different location than where you picked it up.
Read the fine print on each quote before you compare prices. A truck that looks $50 cheaper might have a $100 mileage fee that the other company includes in the base price. U-Haul and Penske both show you the full estimated cost (including mileage and fees) before you commit, but you have to scroll down to see it. Home Depot's quotes sometimes hide equipment rental fees until checkout. Budget often charges extra for a damage waiver, which protects you if the truck is damaged while you have it.
Call local moving truck rental companies in your area and ask for a quote over the phone. Many small rental shops rent trucks at lower rates than the national chains, especially for local moves under 50 miles. They may not have a website or online booking, so a phone call is the only way to get their price. Ask whether their quote includes mileage, fuel, and insurance, because the terms vary widely.
How to cut costs without cutting corners
Rent on a weekday (Tuesday through Thursday) instead of a weekend. Weekend rentals cost 20 to 40 percent more because demand is higher. If you can move on a Wednesday instead of a Saturday, you will see a real price difference on the quote.
Move during the off-season if your schedule allows. Rental prices drop noticeably from November through March, when fewer people are moving. A truck that costs $400 to rent in July might cost $250 in February. If your move is not time-sensitive, waiting a few months can save you hundreds of dollars.
Rent the smallest truck that fits your belongings. A 10-foot truck costs less per day than a 15-foot truck, and a 15-foot costs less than a 20-foot. Measure your furniture and boxes before you book, or ask the rental company which size they recommend for your load. Renting a truck that is too large wastes money; renting one that is too small means a second trip or an overloaded truck that damages your items.
Decline the damage waiver if your personal auto insurance or credit card covers rental truck damage. Many credit cards (especially premium cards) include rental vehicle coverage, and some homeowner or renter insurance policies cover your belongings during a move. Call your insurance company before you rent and ask what is covered. If you are already covered, paying the rental company's damage waiver is money wasted. If you are not covered, the waiver usually costs $15 to $30 per day and is worth buying.
Mileage fees and fuel charges that surprise renters
U-Haul charges mileage on most of its trucks — typically $0.99 per mile for a 10-foot truck, though the rate varies by truck size and location. Penske includes unlimited mileage on most rentals, which makes it cheaper for long-distance moves even if the base price is higher. Home Depot includes mileage on local rentals but charges per mile on long-distance moves. Budget's mileage policy depends on the truck size and rental length.
Fuel is your responsibility. You rent the truck with a full tank and return it with a full tank. If you do not fill it up before you return it, the rental company will charge you to refill it, and that charge is usually 50 to 100 percent more than what you would pay at a gas station. Budget for fuel based on the truck's fuel economy (usually 6 to 10 miles per gallon) and the distance you are driving.
Some companies charge a fuel surcharge on top of the base rental price, especially when gas prices are high. This fee is separate from the fuel you actually use and appears as a line item on your quote. Read the quote carefully to see whether fuel surcharges are included in the price shown.
Equipment rentals that add up quickly
Moving dollies, furniture pads, and hand trucks are not included in the truck rental price. U-Haul charges $5 to $10 per item for equipment rentals. Penske includes some equipment with longer rentals but charges for shorter ones. Home Depot and Budget charge separately for each piece of equipment. If you need four dollies, pads for a couch and bed, and a hand truck, you could add $50 to $100 to your rental cost.
You can bring your own equipment to avoid these charges. Borrow dollies and hand trucks from friends, or rent them separately from a hardware store, which is sometimes cheaper than renting them from the truck company. Furniture pads are straightforward to make from old blankets and towels, so you do not need to rent those.
One-way rentals versus round-trip rentals
A round-trip rental means you pick up the truck and return it to the same location. A one-way rental means you pick it up in one city and drop it off in another. One-way rentals usually cost more because the company has to move the truck back to where it started, and they charge you for that repositioning cost. However, if you are moving across the country, a one-way rental might be cheaper than renting a truck locally and driving it yourself, because you avoid the return trip.
Compare the price of a one-way rental to a round-trip rental on the same route. If you are moving from New York to Boston, a one-way rental might cost $400, while a round-trip rental (pick up in New York, return to New York) would cost $300 plus the cost of driving back to New York yourself. The one-way option saves you the drive back, so it may be worth the extra cost depending on your situation.
Red flags that signal a bad deal
If a quote seems too cheap compared to other companies, call the rental company and ask what is included. Some companies advertise a low base price but add large mileage fees, fuel surcharges, or equipment charges that other companies include. A truck that looks like the cheapest option might end up costing more once all fees are added.
Avoid renting from companies that do not clearly state their mileage policy or damage waiver terms online. If you have to call to find out what you are paying for, the company may be hiding fees. Reputable rental companies (U-Haul, Penske, Budget, Home Depot) show you the full estimated cost before you book, including all fees and taxes.
Do not rent a truck with visible damage or mechanical problems. Take photos of the truck's condition before you drive it away, and point out any dents, scratches, or warning lights to the rental agent. If you do not document existing damage, the company may charge you for it when you return the truck. Ask the agent to note the damage on your rental agreement in writing.
Frequently Asked Questions
Can I get a discount if I rent for multiple days?
Yes. Most rental companies offer lower daily rates for rentals longer than three days. A one-day rental might cost $60, but a three-day rental could cost $50 per day. If your move takes two days, renting for three days might be cheaper than renting for two, so check the pricing for different lengths before you book.
What happens if I return the truck late?
Late fees explore, usually $40 to $50 per hour or a full day's rental charge if you are more than an hour late. Some companies charge a flat fee for being a few hours late. Call the rental location before your return time if you think you will be late, because some companies will waive a small late fee if you call ahead.
Do I need a special driver's license to rent a moving truck?
No. A standard driver's license is sufficient for trucks up to 26,000 pounds. Larger trucks may require a commercial driver's license (CDL), but most moving truck rentals fall below that weight limit. The rental company will tell you whether your license is acceptable when you book.
Is it cheaper to hire movers or rent a truck myself?
For a local move, renting a truck yourself is usually cheaper. A DIY move might cost $200 to $500 in truck rental and equipment. Professional movers typically charge $1,500 to $5,000 for the same move. For a long-distance move, the gap narrows because fuel and mileage fees add up, but renting is still usually less expensive unless you value your time highly.
Can I rent a moving truck if I do not have a credit card?
Most rental companies require a credit card to hold the reservation and cover damage charges. Some accept debit cards, but they may place a larger hold on your account. Call the rental company directly and ask what payment methods they accept if you do not have a credit card.