
In 2025, renting a magnetic drill in Oklahoma City 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 the area provide a range of options suitable for structural steel erection projects.
| Vendor | Daily Rate | Weekly Rate | Review Score | Website |
|---|---|---|---|---|
| Sunbelt Rentals | $100 | $400 | 8 | Visit |
| United Rentals | $110 | $440 | 8 | Visit |
| A&B Rent‑All | $80 | $320 | 7 | Visit |
| Herc Rentals | $105 | $420 | 8 | 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 surcharges, damage waivers, and cleaning fees for excessive debris are also common. Additionally, late-return penalties and overtime charges can apply if the equipment is not returned on time.

The rental market for magnetic drills in Oklahoma City is competitive, with several vendors offering flexible terms and a variety of models. It's advisable to compare rates and services to find the best fit for your project needs. Consider the benefits of renting versus purchasing, especially for short-term projects where equipment ownership may not be cost-effective.
Ensure that all rented equipment complies with local safety regulations and standards. Proper training and safety measures should be in place to prevent accidents and ensure efficient operation on-site.