Not sure how to price? 30% of the retail price is a good starting point - but remember supply and demand - so name your price. On Rent My Wardrobe, you have full autonomy to set your own rental rate and cleaning price. We suggest 20-30% of the retail value for items under $500, and 5-15% for more expensive items. As the retail value increases, the rental percentage typically scales down.
So for example, a $300 retail dress may rent for $75, while a $75 top could rent for $20, but a $2,000 gown may rent for $200. Use common sense in setting a fair market cleaning fee and replacement rates. A good rule of thumb is to ask yourself “how much would I pay to rent this for an event?” Use your gut!