In Colorado Springs, renting a magnetic drill in 2026 typically costs between $60–$90 per day, $240–$300 per week, and $480–$700 per month. These rates vary based on the drill's power and features. Leading rental companies in the area provide a range of options suitable for structural steel erection projects.
| Vendor | Daily Rate | Weekly Rate | Review Score | Website |
|---|---|---|---|---|
| United Rentals | $— | $— | 8 | Visit |
| Cal‑West Rentals | $70 | $240 | 7 | Visit |
| Longenecker’s | $90 | $280 | 7 | Visit |
| Tennyson’s Safety & Rental | $60 | $240 | 6 | Visit |
Several factors affect the rental costs of magnetic drills, including the drill's brand, power capacity, and additional features like variable speed settings. Seasonal demand and project duration can also impact pricing.
When renting a magnetic drill, be aware of potential hidden fees. Delivery and pick-up charges may be flat or mileage-based. Fuel surcharges, damage waivers, and cleaning fees for excessive dirt or concrete can add to costs. Late-return penalties and overtime charges are also common.
The rental market for magnetic drills in Colorado Springs is expected to grow in 2026, driven by increased construction activities. Rental companies are expanding their inventory to include more advanced models, catering to the needs of structural steel erection projects.
Ensure compliance with local safety regulations when using magnetic drills. Proper training and safety gear are essential to prevent accidents and ensure efficient operation.
