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DPChallenge Forums >> Business of Photography >> Renting Space
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07/08/2007 02:46:42 AM · #1
This is a personal Preference Question:

How much (per hour) would you pay to use a professional photography studio if you didn't have your own? One that you could go to anytime just to use for an hour or so.

How much would you pay (per hour) to use a Canon EOS 1Ds Mark II, worth about $7,000?

How much would you pay (per hour) to use a Canon EOS 30D, worth about $1,500?

I am thinking about renting out a camera/studio for an hour, and I want to know a good price to pay.
07/08/2007 02:51:25 AM · #2
For the second 2, I would check the rental prices at the normal rental places and see if you can be competitive :-) The studio, I dunno but would it not depend what size & what lights/backgrounds e.t.c.?
07/08/2007 02:52:58 AM · #3
I have no idea about photographic equipment or studios, but I do know that I can rent a brand new car for about $30.00 CDN a day... does that help?

Ray
07/08/2007 02:57:28 AM · #4
Robs, I'll look up a couple rental places and see what they charge, but Ray, that just made a LOT of sense!! I'll be thinking about that answer for a while.
07/08/2007 03:02:43 AM · #5
Loki are you looking to rent out space to other photographers or wanting to rent space for yourself?
07/08/2007 03:05:02 AM · #6
I want to rent out a space for me to use, from another photographer.
07/08/2007 03:13:53 AM · #7
Originally posted by Loki:

I want to rent out a space for me to use, from another photographer.

A few things come to mind that would determine the cost to rent a studio by the hour.
1. Is this studio at a persons home or is at a business outside of a home.
2. Your wanting to be able to use at anytime (your convenience) so the owner would have to have that space available at little notice.
3. Insurance in case of injury to the renter, model(s), and equipment.
4. Do you want access to the studio without the owner being present?
-a. If so you would have to have a key. Again an insurance issue.
-b. If no, then the owner would have to be available when you wanted to use the studio.
5. Is the owner in the business of renting out space.

I feel all the above would make the price per hour vary.
07/08/2007 03:24:21 AM · #8
Swhiddon, thanks for taking an interest in helping me out.

Here is what I know:
The place is really nice in a professional (business) space,
There are 2 studios so I could have access to 1 of them at anytime,
The place has insurance,
And the owner rents it out every once in a while, but not enough to be crowded

Knowing that, how much would you pay?
07/08/2007 03:26:00 AM · #9
Originally posted by RayEthier:

I have no idea about photographic equipment or studios, but I do know that I can rent a brand new car for about $30.00 CDN a day... does that help?

Ray


Dont forget that lots of people rent cars, not many for studios, so lots less competition, also, people make money from the camera & studios so the price will be higher because of that.

The above statment is as helpful as me saying that I can rent an appartment for $250/w. I do believe however that ray posted in jest :)
07/08/2007 03:41:08 AM · #10
I think it would be reasonable for him/her to charge $15 to $25 per hour depending on how many hours you wish to use at a time. Cost less if you rent the space for longer than 1 or 2 hours at a time to make it worth the owners time renting it the studio out. Also size of the studio can come into play.

Message edited by author 2007-07-08 03:42:01.
07/08/2007 03:50:22 AM · #11
Yeah, I was thinking $20 sounded fair for what I told you, but here is the catch.

It is a HUGE studio that lets you drive autos into the area, and has the big round lights that are worth $1000 a piece. Is a space like that worth $50 an hour, or is he asking too much?

I really like the idea of dropping the price after so many hours, I'll bring that up to him. Thanks!

Shadow, you are very right too, even though a car is worth more and it only costs $30 a day, it's hard to find nice studios to rent. Supply vs demand.

Message edited by author 2007-07-08 03:51:04.
07/08/2007 01:56:51 PM · #12
Originally posted by Loki:

Yeah, I was thinking $20 sounded fair for what I told you, but here is the catch.

It is a HUGE studio that lets you drive autos into the area, and has the big round lights that are worth $1000 a piece. Is a space like that worth $50 an hour, or is he asking too much?

I really like the idea of dropping the price after so many hours, I'll bring that up to him. Thanks!

Shadow, you are very right too, even though a car is worth more and it only costs $30 a day, it's hard to find nice studios to rent. Supply vs demand.


$50 an hour is cheap. $20 an hour wouldn't be worth his time.
07/08/2007 01:58:06 PM · #13
Originally posted by Loki:

How much would you pay (per hour) to use a Canon EOS 1Ds Mark II, worth about $7,000?

How much would you pay (per hour) to use a Canon EOS 30D, worth about $1,500?


I don't know of any equipment rental places that charge by the hour. It's always a day rate.
07/08/2007 09:45:08 PM · #14
Thanks Virtuamike, and all of you. I will have a much better idea of a price now.

Thank you!
07/08/2007 09:56:18 PM · #15
i don't know about space, but here's some equipment prices from one of the shops here in richmond. ymmv.
07/08/2007 10:10:42 PM · #16
You could look at recording studio (music) fees. I bet the charges would be somewhat comparable to a photography studio.
07/08/2007 10:26:30 PM · #17
Thanks skip for the link, that helps a lot.

Good idea Skylercall!! I think the recording studio is closely related.
07/08/2007 11:05:35 PM · #18
Back in the late 70's, we rented our studio out occasionally for $50 an hour, including use of lights. That was 30 years ago. We had more requests than we cared to accommodate.

R.

Message edited by author 2007-07-08 23:05:50.
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