In Raleigh, the cost to rent a magnetic drill in 2026 typically ranges from $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 Raleigh provide a variety of models suitable for structural steel erection and other industrial applications.
| Vendor | Daily Rate | Weekly Rate | Review Score | Website |
|---|---|---|---|---|
| United Rentals | $100–$120 | $450–$600 | 8 | Visit |
| Sunbelt Rentals | $100–$130 | $500–$650 | 8 | Visit |
| Herc Rentals (H&E Rentals) | $110–$140 | $550–$700 | 7 | Visit |
Several factors affect the rental costs of magnetic drills, including the drill's brand, power capacity, and additional features like variable speed control. The duration of the rental and the demand for equipment in peak construction seasons can also impact pricing.
When renting a magnetic drill, be aware of potential hidden fees. Delivery and pick-up charges may be flat or based on mileage. Fuel or recharge surcharges can apply, and you may encounter damage waivers versus full insurance options. Cleaning fees for concrete or mud, late-return penalties, and overtime hours are additional considerations.
The rental market for magnetic drills in Raleigh is expected to grow in 2026, driven by increased construction activities. Companies are expanding their fleets to include more advanced models, catering to the needs of structural steel erection projects. Understanding the local market trends can help businesses make informed rental decisions.
Ensure compliance with local safety regulations when operating magnetic drills. Proper training and adherence to safety standards are crucial to prevent accidents and ensure efficient operation.
