The Average Cost of Moving Truck Rentals

At a glance

Renting a moving truck is the cheapest way to relocate (well, second to having a generous friend with a truck load and haul your stuff for free).

Moving with a rental truck can still be a pricey endeavor, though, especially if you’re traveling a long distance. If you’re moving a 3-bedroom home across the country, for example, you could easily spend $2,000 or more.

The less stuff you have to move and the shorter the trip, the cheaper your truck rental will be: smaller trucks cost less, and fewer miles means lower gas costs and mileage fees.

Average cost to rent a moving truck

The average cost to rent a moving truck is anywhere from $20 to around $100 per day. The total amount all depends on what size truck you’re renting and how far you’re driving it.

Small moves Mid-sized moves Large moves
Truck size10ft., 12 ft.15 ft., 16 ft., 27 ft.20 ft., 22 ft., 26 ft.
Number of bedrooms 1–22–33+
Cost per mile $0.59–$1$0.59–$1$0.59–$1
Price per day$20–$35$40–$80$80–$100
Price per trip$80–$300$150–$600$600–$2,800
Truck size
Number of bedrooms
Cost per mile
Price per day
Price per trip
Small moves Mid-sized moves Large moves
10ft., 12 ft. 15 ft., 16 ft., 27 ft. 20 ft., 22 ft., 26 ft.
1–2 2–3 3+
$0.59–$1 $0.59–$1 $0.59–$1
$20–$35 $40–$80 $80–$100
$80–$300 $150–$600 $600–$2,800

How much does it cost to rent a moving truck per day?

The base rate to rent a moving truck depends on the truck size. A truck to hold the stuff from your small 1- or 2-bedroom apartment runs anywhere from $20 to $35 per day. Mid-sized moves (3-bedroom apartments and 2-bedroom homes) are closer to $40 to $80 per day.

Trucks large enough for 3- to 5-bedroom homes start at $80 to $100 per day.

Of course, there’s a difference between the daily rental rate for your moving truck and the total cost. For instance, if the rate per day to rent a 15-foot truck for a 75-mile local move is $19.99, that’s not going to factor in mileage fees, gas, or other added costs like taxes and insurance.

How much does it cost to rent a moving truck per trip?

The size of your move (and your truck) impacts your final bill too. So does how far you’re moving.

Here’s how much you can expect to pay for a moving truck per trip (including all those pesky taxes and fees). Note that the our averages include a wide variety of distances.

Small movesMid-sized movesLarge moves
Truck size10 ft., 12 ft.15 ft., 16 ft., 17 ft.20 ft., 22 ft., 26 ft.
Number of rooms1–22–33+
Average cost per trip*$80–$300$150–$600$600–$2,800
Truck size
Number of rooms
Average cost per trip*
Small moves Mid-sized moves Large moves
10 ft., 12 ft. 15 ft., 16 ft., 17 ft. 20 ft., 22 ft., 26 ft.
1–2 2–3 3+
$80–$300 $150–$600 $600–$2,800

*Includes most fees

How much does it cost to move locally vs. one-way?

A local move usually won’t cost you more than $100 to $300—and the smaller the truck, the cheaper the rental. One-way moves (a.k.a. when you drop your rental truck off at a location different from the one you picked it up from) cost more since they cover more distance. You can expect to pay anywhere from around $150 to $2,000.

Average Cost of Moving Truck RentalPlus, the more stuff you’re moving, the more expensive the final bill will be—since you’ll need a larger truck (for a one-way move) or end up making more trips across town (on a local move).

If you’re moving into or out of a studio or one-bedroom apartment, you may be able to get away with renting a moving van (a.k.a cargo van) instead of a moving truck. Moving vans are smaller vehicles well-suited for zipping around town—moving trucks are bigger and bulkier and what moving companies generally use to haul your belongings.

Moving vans are usually cheaper than moving trucks, but they hold significantly less stuff. Some aren’t even big enough to haul a queen mattress. Even if you can fit all of your items in a moving van, you’ll probably end up making more individual trips.

Let’s take a look at the top three rental truck companies and their average costs per trip for local and one-way moves:

  • U-Haul
  • Penske
  • Budget

Comparing average truck rental prices by distance

Average rental rate* U-HaulPenskeBudget
One-day, local$83 $349$122
Medium-distance, one-way$187$841$469
Long-distance, one-way$1,419$1,038$1,625
WebsiteGet Rates Reserve Now Find Your Truck
Learn moreU-Haul Review Penske Review Budget Review
Average rental rate*
One-day, local
Medium-distance, one-way
Long-distance, one-way
Website
Learn more
U-Haul Penske Budget
$83 $349 $122
$187 $841 $469
$1,419 $1,038 $1,625
Get Rates Reserve Now Find Your Truck
U-Haul Review Penske Review Budget Review

*Per trip including most additional costs (taxes, mileage fees, etc.)

At first glance, Penske’s rates tend to be jaw-droppingly higher than U-Haul’s and Budget’s. But keep in mind that Penske includes the majority of its taxes, mileage fees, and other costs in its estimates. You could very well pay just as much to move with U-Haul or Budget—your quote just might be a little bit misleading.

For example, U-Haul includes only the base rate, insurance costs, an environmental fee, and add-on services in its quotes. It excludes taxes, mileage fees, and other extra costs (which we’ll get into below).

Budget does include mileage in its quotes (and in our experience, Budget is also the most affordable of the three companies).

If you’re moving locally, it’s also worth checking out Enterprise—another top pick on our Best Moving Truck Rental Companies list.

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DID YOU KNOW?

DID YOU KNOW?

Penske offers some of the newest trucks on the market, which means top-notch reliability and well-maintained trucks. Read more about Penske’s pricing in our Penske Review.

How much does it cost to rent a moving truck for a local move?

For local moves, rental truck companies charge anywhere from $0.59 to $1 per mile on top of the base rental fee. Some companies, like Budget, provide a mileage calculator in its quote generators so you can see how much the distance you’re driving will increase your bill—making budgeting a breeze.

Here’s a rundown of the cost factors that go into local moving truck rentals:

  • Rental truck fee (base rate)
  • Mileage fee
  • Fuel costs
  • Damage protection
  • Environmental fee ($1–$8)
  • Add-on services (moving supplies, moving equipment etc.)
  • Taxes
  • Deposit (usually $100–$150)

Mileage fees for local moves

U-HaulPenskeBudget
Fee per mile$0.59–$0.99$0.69–$0.79$0.60–$1
Fee per mile
U-Haul Penske Budget
$0.59–$0.99 $0.69–$0.79 $0.60–$1
Bullhorn

DID YOU KNOW?

DID YOU KNOW?

If you’re moving locally, you can return your rental truck to the same location where you picked it up or any other nearby location. Of course, on a one-way move, you’ll return your truck to a different location (possibly hundreds or even thousands of miles away) from where you rented it.

How much does it cost to rent a moving truck going one way?

The base rate to rent a moving truck for a one-way move runs anywhere from $40 to $100 per day depending on your truck size. This doesn’t include add-on services, fees, or taxes.

One-way moves will always be more expensive than smaller local moves. In the end, one-way moves cost rental truck companies more thanks to mileage, wear and tear, and a host of other factors.

Rental truck companies don’t charge by the mile for one-way moves, but there is almost always a set amount of miles you need to stay under before you get an extra fee for going over. (A great excuse to veto your road-trip buddy’s suggestion to detour to see the world’s largest ball of yarn.)

Also, expect rates to increase during peak moving season (between April and September) since that’s when everyone else is trying to rent a truck too.

Here’s a rundown of the cost factors that go into one-way moving truck rentals:

  • Rental truck fee (per day)
  • Fuel costs
  • Damage protection
  • Environmental fee ($1–$8)
  • Add-ons
  • Taxes
  • Deposit (usually $100–$150)

Extra fees

Most of the time, when people go to sign their final rental truck bill and see a big ol’ goose egg tacked onto the number they thought they were signing for, it’s because they didn’t account for extra fees. Rental truck companies don’t advertise these openly, and some possible upcharges are more obvious than others.

Most of these fees are avoidable, but some may be out of your control. Either way, it’s helpful to know what these fees are so you can plan accordingly.

Here are extra fees to watch out for when renting a moving truck:

  • Truck damage: Repair costs will likely be deducted from your deposit.
  • Gas fee: Return your truck with less gas than at time of pickup and you’ll have to cough up some cash.
  • Late return fee: If you go over your time and cut into someone else’s, you’ll pay anywhere from $20 to $80.
  • Moving supplies and accessories: You may find blankets and a dolly inside your truck, but those babies aren’t free!
  • Young driver fee: Expect an upcharge around $25–$30 per day if you (or any driver) are 18–25 years old.
  • Add an additional driver: Want to share the driver’s seat? That’ll cost you $14–$30 per day.
  • Excess mileage fee: Some companies will charge if you go over your allotted mileage on one-way rentals.
  • Cancellation fee: That’ll be $50 if you fail to cancel your reservation at least 48 hours in advance of your scheduled pickup.

Rental truck discounts

You can often snag 10% off your truck rental by simply booking online. Rental truck companies also occasionally offer seasonal discounts if you’re moving to and from specific states.

Penske and Budget offer more discounts than U-Haul. Both companies will shave 10% off for students, advertise seasonal discounts, and subsidize military moves. You may be able to score one of these discounts with U-Haul if the location you book with offers one.

But Budget certainly leads the pack when it comes to discounting moving truck rentals. Its discounts range from 20% to 40% for the following customers:

  • US military personnel
  • Police, firefighters, and EMTs
  • AARP members
  • Students
  • Motor Club members
  • Bar Association members
  • Customers in select states
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PSSST

PSSST

U-Haul gives you one month of self-storage for free with any one-way equipment rental (as long as the location you’re working with is down).

About Julia Campbell

Julia Campbell
Julia Campbell is a full-time writer who knows the tricks of the trade when it comes to planning a hassle-free move. Having moved seven times in the past five years, she draws from her own experience and industry expertise to help you avoid her biggest mistakes (like that time she thought she could get away with packing her dishes without wrapping them first).