In Philadelphia, renting a magnetic drill in 2026 typically costs between $65–$122 per day, $225–$302 per week, and $480–$620 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 |
|---|---|---|---|---|
| Wharton Hardware | $56 | $195 | 8 | Visit |
| Rental Time General Rental Center | $56 | $302 | 7 | Visit |
| Best Line Equipment | $56 | $195 | 8 | Visit |
| Penn Tool Sales & Service | Varies | Varies | 7 | Visit |
| United Rentals | Varies | Varies | 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 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 Philadelphia is competitive, with several vendors offering flexible terms and a variety of models. Staying informed about market trends and vendor offerings can help secure the best rates and equipment for your needs.
Ensure compliance with local regulations when using rented equipment. This includes adhering to safety standards and obtaining any necessary permits for structural steel erection projects.
