Moving Truck Rental Companies Cost and Comparison Guide

Planning a move often starts with a big question: should you rent a truck and handle everything yourself, or hire professional movers? For many people, renting a truck is the most affordable path, especially for local moves or smaller households. But with so many truck rental companies offering different rates, vehicle sizes, and fine print, comparing costs can feel overwhelming. This guide breaks down the major moving truck rental companies, their pricing structures, and the hidden factors that can inflate your final bill. By the end, you will know exactly how to compare options and choose the best value for your specific move.

Why Compare Moving Truck Rental Companies Before You Book

Moving truck rental companies vary widely in their base rates, mileage charges, fuel policies, and add-on fees. A low daily rate might look great on the surface, but if the company charges high per-mile fees or requires you to refill the tank at a specific station, your total cost can skyrocket. Comparing truck rental for moving requires looking beyond the advertised price. You need to factor in the distance of your move, the size of truck you need, and the rental duration. Taking the time to compare three or four companies can easily save you hundreds of dollars.

Another reason to compare is the condition and availability of equipment. Some companies have newer fleets with better fuel economy and more comfortable cabs. Others might offer older trucks that are less reliable. Customer service also varies. If you break down on moving day, a company with a robust roadside assistance program is worth a slightly higher price. This guide covers the three largest national truck rental companies and a few regional options, giving you a clear framework for your cost comparison.

The Three Major National Truck Rental Companies

U-Haul: The Ubiquitous Option

U-Haul is the most recognizable name in truck rental for moving. Their network of dealers is vast, making pickup and drop-off convenient almost anywhere in the country. U-Haul prices are typically structured with a low base daily rate plus a per-mile charge. For local moves under 50 miles, this can be very affordable. However, for long-distance moves, the per-mile cost adds up quickly. One unique aspect of U-Haul is their “in-town” versus “one-way” pricing. In-town rentals often have unlimited mileage for a flat daily fee, while one-way rentals charge by the mile. They also offer moving supplies, boxes, and trailer rentals, making them a one-stop shop for DIY movers. Be aware that their trucks are often older and may not have cruise control or power steering, which can make long drives more tiring.

Budget Truck Rental: Often the Value Leader

Budget Truck Rental frequently positions itself as a lower-cost alternative to U-Haul. Their pricing model is similar, with a daily rate plus mileage, but their per-mile charges are often slightly cheaper, especially for longer distances. Budget also offers a “Worry-Free Guarantee” which includes 24/7 roadside assistance and free towing if needed. The fleet at Budget tends to be newer than U-Haul’s, with many trucks featuring automatic transmissions, cruise control, and air conditioning. This makes them more comfortable for long hauls. One downside is that Budget has fewer rental locations than U-Haul, which can make pickup and drop-off less convenient, especially in rural areas. Their online reservation system can also be less user-friendly, and customer service wait times can be long during peak moving season.

Penske Truck Rental: Premium Service at a Premium Price

Penske is known for having the newest and best-maintained fleet in the industry. Their trucks are typically low-mileage, clean, and equipped with modern amenities like Bluetooth connectivity and backup cameras. Penske’s pricing is usually higher than U-Haul or Budget, both in daily rate and per-mile charges. However, they often include unlimited mileage on one-way rentals over a certain distance, which can make them competitive for very long moves. Penske also offers a “Rent ‘n Return” program with flexible drop-off options. Their customer service is consistently rated higher than competitors, and their roadside assistance is excellent. If you are moving cross-country and want peace of mind, Penske is often worth the premium. The trade-off is a higher upfront cost and fewer locations than U-Haul.

Pricing Comparison: What to Expect for Different Move Types

To give you a concrete idea of costs, here is a breakdown of estimated rental prices for three common move scenarios. These are estimates based on national averages and may vary based on location, season, and availability. Always get a binding quote directly from the company before booking.

• Local Move (10 miles, 1 day, 10-foot truck): U-Haul: $29.95 + $0.99/mile = roughly $40. Budget: $29.95 + $0.89/mile = roughly $39. Penske: $39.95 + $1.19/mile = roughly $52.
• Intra-State Move (100 miles, 1 day, 16-foot truck): U-Haul: $39.95 + $0.99/mile = roughly $139. Budget: $39.95 + $0.79/mile = roughly $119. Penske: $59.95 + $0.99/mile = roughly $159.
• Long-Distance Move (1,000 miles, 3 days, 26-foot truck): U-Haul: $169.95 + $0.79/mile = roughly $960. Budget: $159.95 + $0.69/mile = roughly $850. Penske: $199.95 + $0.59/mile (often caps or includes mileage) = roughly $790-$900.

As you can see, the cost ranking shifts depending on the distance. For short local moves, the differences are small. For long-distance moves, Penske can actually become competitive if they offer a special with unlimited miles or a lower per-mile rate. The key takeaway is to calculate the total estimated cost for your exact route before making a decision. Do not assume the lowest daily rate will lead to the lowest total bill.

Hidden Costs That Can Blow Your Budget

When comparing moving truck rental companies cost and comparison guide, you must look at the fine print. Several common fees can add a significant amount to your final total. First, the fuel policy. Most companies require you to return the truck with a full tank of gas. If you do not, they will charge you a premium rate to refill it, often $8 to $10 per gallon. Always fill up at a station near the drop-off location. Second, mileage overage charges. If you go over your estimated miles, the per-mile rate is often higher than the base rate. It is better to overestimate your mileage when booking. Third, equipment fees. Items like furniture dollies, moving blankets, and hand trucks are often not included in the base price. Renting these can add $30 to $100 to your bill. Fourth, late return fees. If you return the truck even an hour late, you may be charged for an additional day. Fifth, environmental fees and state taxes. These are often listed as small print surcharges but can total 10-15% of the base rental cost. Always ask for a total estimated cost including all taxes and fees before you sign the contract.

Comparing Insurance and Protection Plans

Insurance is another critical factor in the cost comparison. Your personal auto insurance may or may not cover a rental truck. Many policies exclude commercial vehicles or vehicles over a certain weight limit. The truck rental companies offer their own protection plans. U-Haul offers Safemove and Safemove Plus. Budget offers Loss Damage Waiver (LDW) and Supplemental Liability Insurance. Penske offers a similar LDW. These plans can cost $10 to $30 per day. They cover damage to the truck, theft, and liability for damage to other property. If you decline coverage and damage the truck, you are responsible for the full cost of repairs. For a long-distance move, the peace of mind of having coverage is often worth the daily fee. Check with your credit card company as well. Some premium credit cards offer rental truck insurance if you use the card to pay for the rental. This can save you the daily fee. However, coverage limits and exclusions vary, so read the terms carefully.

Regional and Local Truck Rental Alternatives

While the big three dominate the market, there are regional and local truck rental companies that can offer better rates or service in specific areas. For example, companies like Enterprise Truck Rental and Ryder often serve commercial customers but also rent to individuals. Their rates can be competitive, and their fleets are generally well-maintained. Local equipment rental stores sometimes have small box trucks available at very low daily rates, but they may not offer one-way rentals. For a local move of less than 20 miles, renting from a local company can save you money and offer more personalized service. Another alternative is peer-to-peer truck rental services, where you rent a truck directly from its owner. These platforms can offer very low rates, but you need to check insurance coverage and vehicle condition carefully. If you are planning a move that involves heavy or valuable items, you might consider a hybrid approach: rent a truck for the large furniture and hire professional movers for your fragile antiques or heavy appliances. This can balance cost and safety.

How to Get the Best Deal on Your Truck Rental

Getting the best price requires a strategic approach. Start by booking early, at least two to four weeks in advance. Prices rise as moving day approaches and inventory shrinks. Second, be flexible with your dates. Mid-week rentals (Tuesday through Thursday) are often cheaper than weekend rentals. Third, check for online coupons and discount codes. Many companies offer 10-15% off if you book online or use a specific promo code. Fourth, ask about discounts for AAA members, military personnel, students, or seniors. These discounts can sometimes stack with other promotions. Fifth, consider picking up the truck the evening before your move day. This gives you a head start and often counts as a full rental day anyway. Finally, when you pick up the truck, inspect it carefully for any pre-existing damage. Take photos and have the rental agent note any scratches or dents on the contract. This protects you from being charged for damage you did not cause.

Frequently Asked Questions

Which truck rental company is cheapest for a local move?

For local moves under 50 miles, U-Haul and Budget are usually the cheapest options. Their low daily rates and per-mile charges are hard to beat. However, local rental companies might be even cheaper, so it is worth checking locally.

Do I need to buy insurance from the truck rental company?

It depends on your existing coverage. Check your personal auto insurance policy and credit card benefits first. If neither covers a rental truck, buying the company’s protection plan is strongly recommended to avoid financial liability for damage or theft.

In our guide on Cheap State to State Moving Companies Cost Comparison Guide, we explain how to evaluate professional movers for long-distance relocations, which can be a better option than a DIY truck rental for some families.

Can I rent a moving truck one-way?

Yes, all three major companies offer one-way truck rentals. This means you pick up the truck in one city and drop it off in another. One-way rentals usually have a per-mile charge and a minimum rental period. They are ideal for long-distance moves.

What size moving truck do I need for a 3-bedroom house?

A 26-foot truck is generally recommended for a three-bedroom house. This size can hold the contents of a three to four-bedroom home, including large furniture, boxes, and appliances. If you have a smaller two-bedroom house, a 20-foot truck might be sufficient.

How much does it cost to rent a moving truck for a week?

The cost varies greatly depending on the company, truck size, and distance. For a 16-foot truck rented for a week with 500 miles, expect to pay between $400 and $700. For a 26-foot truck with 1,500 miles, the cost can range from $800 to $1,500 or more. Always get a detailed quote.

Making Your Final Decision

Choosing between moving truck rental companies comes down to balancing cost, convenience, and reliability. For a simple local move, U-Haul or Budget will likely serve you well at the lowest price. For a long-distance move where comfort and reliability matter more, Penske is often the better choice despite the higher upfront cost. The most important step is to calculate the total estimated cost for your specific move, including mileage, fuel, insurance, and equipment fees. Do not rely on advertised rates alone. By using the comparison framework in this guide, you can book with confidence, knowing you have found the best value for your situation. A little research now will save you stress, time, and money on moving day.