
Renting a magnetic drill in Detroit in 2025 typically costs between $50–$100 per day, $200–$400 per week, and $600–$1,200 per month. These rates vary based on the drill's power, brand, and additional features. Leading rental companies in Detroit provide a wide range of magnetic drills suitable for various structural steel erection projects.
| Vendor | Daily Rate | Weekly Rate | Review Score | Website |
|---|---|---|---|---|
| United Rentals | $375 | $1 450 | 8 | Visit |
| Sunbelt Rentals | $400 | $1 600 | 8 | Visit |
| Chet’s Rent-All | $110 | $330 | 7 | Visit |
Several factors affect the rental costs of magnetic drills, including the drill's specifications, rental duration, and the inclusion of accessories such as drill bits and safety equipment. Additionally, seasonal demand and availability can impact pricing.
When renting a magnetic drill, be aware of potential hidden fees. These may include delivery and pick-up charges, which can be flat-rate or mileage-based. Fuel or recharge surcharges, damage waivers versus full insurance, cleaning fees for concrete or mud, late-return penalties, and overtime charges can also apply.

The rental market for magnetic drills in Detroit is expected to remain competitive in 2025, with several vendors offering flexible rental terms and competitive pricing. Staying informed about market trends and vendor offerings can help businesses optimize their rental strategies.
Ensure compliance with local safety regulations when using magnetic drills. Proper training and adherence to safety standards are crucial to prevent accidents and ensure efficient operation.