Go RV Rentals, a source for RV rental pricing analytics, has released its 2022 RV Rental Price Index Report.
According to the report, the base cost to rent an RV is currently $184 per night, which is up 3.6% from one year ago. This data point represents the average base price of all RV types across 20 sampled metro locations. The $184 price excludes miscellaneous charges such as insurance, service charges, optional equipment, and sales tax, Go RV Rentals said.
RV rental prices range from an average daily rate of $91 for a pop-up camper to $300 for a Type A motorhome. The mid-priced travel trailer and Type C motorhome average $116 and $215, respectively. The lowest daily rate observed by Go RV Rentals was $35 for a pop-up camper and the highest daily rate observed was $725 for a Type A motorhome.
“It is fortunate for travelers that the cost to rent an RV has been kept comparatively in check during a period of historically high inflation,” said RV Rentals founder and Online Marketing Director David Kosofsky. “In fact, RV rental prices are up only 3.6% over the past 12 months compared to the 8.5% inflation rate reported by the Bureau of Labor Statistics in their Consumer Price Index (CPI). Within the RV industry, it is common knowledge that new and used RV purchase prices have exceeded CPI lately. Yet, what many may find counter-intuitive is that RV rental rate growth has significantly lagged CPI. On the supply side, this trend is due to the increasing unit and platform competition in the RV rental space, a sector that experienced extraordinary growth from 2020 to 2021, as travelers chose one of the safest ways to travel during the pandemic. Nearly all forms of travel previously limited by government restrictions have opened, and these alternatives have curbed RV rental rates on the demand side.”
A 2020 study by Go RV Rentals revealed that a typical $80,000 Type C motorhome’s cost for those 20 days of usage is $911 per day for all costs.
The average base rate of renting a Type C motorhome is $215 per day, Go RV Rentals said.
