
Renting a magnetic drill in Phoenix in 2026 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 specifications and the rental duration. Leading rental companies in Phoenix provide a range of magnetic drills suitable for structural steel erection projects.
| Vendor | Daily Rate | Weekly Rate | Review Score | Website |
|---|---|---|---|---|
| United Rentals | $80 | $320 | 8 | Visit |
| Longenecker’s | $85 | $255 | 7 | Visit |
| Cal‑West Rentals | $75 | $250 | 7 | Visit |
Several factors affect the rental costs of magnetic drills, including the drill's power, brand, and additional features like variable speed settings. The rental period also plays a significant role, with longer rentals often benefiting from discounted rates.
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 demand for magnetic drills in Phoenix is expected to grow in 2026, driven by increased construction and infrastructure projects. Rental companies are expanding their inventory to include more advanced models, catering to the needs of professionals in the structural steel erection industry.
Ensure compliance with local safety regulations when operating magnetic drills. Proper training and adherence to safety guidelines are crucial to prevent accidents and ensure efficient operation.