In Milwaukee, renting a magnetic drill 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 and features. Leading rental companies in Milwaukee provide a range of options suitable for structural steel erection projects.
| Vendor | Daily Rate | Weekly Rate | Review Score | Website |
|---|---|---|---|---|
| Area Rental (Southeast WI) | $80 | $250 | 8 | Visit |
| Sully’s Tool & Party Rental | $50 | $350 | 7 | Visit |
| Sunbelt Rentals | $90 | $360 | 8 | Visit |
| RentX Tools and Equipment | $90 | $240 | 7 | Visit |
Several factors affect the rental costs of magnetic drills, including the drill's brand, power capacity, and additional features like variable speed settings. The duration of the rental and the specific requirements of the project can also 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 rates or based on mileage. Fuel or recharge surcharges might apply, along with damage waivers or full insurance options. Cleaning fees for concrete or mud, late-return penalties, and overtime charges are also possible.
The rental market for magnetic drills in Milwaukee is expected to remain competitive in 2025, with a steady demand from construction and industrial sectors. Rental companies are likely to offer flexible terms and additional services to attract clients.
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.
