The average cost of renting a suit is around $200, though this can vary depending on the retailer and specific details with prices starting at $149. Factors that influence the price include the type and style of the suit, the brand or designer, additional accessories, and the rental duration. Renting online might offer better deals than brick-and-mortar shops. For best prices, consider renting during off-peak seasons and looking out for promotions and discounts.
If you need a suit for a certain event but don’t have the habit of wearing suits often, renting the suit is an excellent option. And if you’re on a tight budget, it might be the only viable option to get dressed well quickly and at a relatively low cost.
If you’re wondering about the average cost of a suit rental, the short answer is that it’s complicated. The pricing depends on various factors, so getting one average price based on the current market offer won’t mean very much. For the long answer, let’s dive deeper into the factors dictating the costs.
Ideally, a suit should be high-quality and perfectly designed to fit you like it was made for your exact measurements. In practice, not all suits are made equal. Some will include cheaper materials, exchanging the comfort and look of the suit for a lower price point. Others will be made of premium, pure materials, which will naturally drive the price up.
Apart from the materials, the design itself will influence the cost. If you’re looking for a suit that will allow you unhindered movement and show impeccable style, such a model will come at a higher price than a run-of-the-mill outdated suit prone to creases.
It’s no secret that stamping a big fashion brand’s name on clothing immediately ups the price, and the same goes for renowned designers. However, these names don’t attract higher prices for the hype alone. There’s a good reason why suits from famous brands cost more, and it’s got to do with the one thing every customer looks for – reliability.
Renowned brands and designers have earned the higher price tag by constantly putting out exciting, fresh designs. They are also specialists who have perfected their trade through years, if not decades, building trust. And in fashion, like in any other industry, trust has a tremendous value.
The perfect suit never comes alone. Instead, it’s accompanied by accessories meant to enhance the style and upgrade your look. These include cufflinks, vests, shoes, and ties. Of course, renting a suit with accessories will increase the cost compared to getting only the suit.
Accessories are an important part of your attire, but they might not always be necessary. For instance, a vest and cufflinks will only be needed in more formal events. Similarly, a tie might not be mandatory for cocktails, certain semi-formal, and casual occasions. Also, you might already have a tie that will go perfectly with the rented suit.
Finally, the cost of a suit rental will increase with the duration of rent, which should come as no surprise. The longer you keep the suit, the more expensive it will be. In most cases, you won’t need to extend the rental period as the service should provide you with more than enough time to try, wear, and return the suit.
For example, Generation Tux will send you the suit two weeks before the event and leave you three full days afterwards to return it. That’s enough to get accustomed to the look, buy the perfect accessories, or even return the suit for last-minute alterations. And then you get to enjoy the afterparty without worrying about sending the suit back the next day. In other words, there’s really no need to rent for longer.
On average, suit rentals cost about $200, but, as we mentioned, averages don’t paint the entire picture here. It would be much more useful to compare suit rental prices across different retailers.
Of course, there’s quite a few suit rental services in the market, so listing them all would be too much. That’s why we’ll focus only on the top choices:
Suit rentals from Generation Tux start at $149, with the option to buy each suit for $699. This collection includes black, tan, charcoal, and grey suits, along with an expansive selection of blue suits like navy, bright, mystic, slate, indigo, and postman.
The limited Allure collection is available for rent only and the suits have a slightly higher price, going for $159. These include dark blue, dark brown, light grey, and beige.
Savvi Formalwear functions as a cooperative effort of several retailers. Due to that cooperation, Savvi offers suits from various designers, including some big names in the industry. There are Ike Behar, Allure Men, Michael Kors, and Kenneth Cole, to name a few. In addition, the site has the Savvi Black Label collection.
You won’t find the prices of the suits on the site. Instead, you can request a free quote once you go to a specific suit web page. It’s worth noting that Savvi also operates in brick-and-mortar stores, which may be a more straightforward way to get informed on the pricing.
We’ve listed several notable suit rental services in a previous section. To reiterate, the mentioned rental services included Friar Tux, Men’s Wearhouse, Jim’s Formal Wear, and Stitch and Tie. No online store can match the value that you get with Generation Tux, but Friar Tux and Stitch and Tie try to come close.
If you go to a local formalwear store to rent a suit, you might have a difficult time finding the perfect suit for the event on a budget. Start shopping at the right time and apply certain tips and tricks, and you may end up with a great-looking suit and some extra cash.
Although suits sell throughout most of the year, there are specific periods when sales are low and you might find some pretty enticing offers. In particular, January will be the best month for suit rentals, since it’s the slowest month of the year for this type of attire.
On a similar note, you should avoid last-minute purchases, since those could come with a steeper price. The rental service needs time to create the ideal combination for your purposes. Rushing this process will often result in increased expenses.
Like most other products in the market, suit rentals are subject to promotions and discounts. To catch the best deals, keep an eye on your rental services of choice. You’ll likely come across some special offers for specific collections.
Discounts can appear around holidays or if a store is swapping an old collection for a new one. Depending on the occasion, the prices could drop by a considerable amount. You should be ready to react fast as most discounts and promotions are limited-time events.
Online sales have started to take over the traditional model. Honestly speaking, this was only a matter of time – online stores are much more cost efficient compared to brick-and-mortar. The same applies to rental services. Let’s take a closer look at the reasons why online rentals are more profitable for their owners and affordable for customers.
An online rental service doesn’t have to deal with any of those issues. Of course, suits need to be stored and maintained, but that’s an unavoidable aspect of any sales or rental business. Aside from that, the website itself needs to be up-to-date, which does come at a cost. However, the price of maintaining an online store website is significantly lower than that of keeping a physical location.
As a result, online rental services can offer better prices compared to brick-and-mortar businesses. It’s a win-win scenario where everyone gets a better deal.
Additionally, a physical store might not be built with a nationwide shipping experience in mind. If they carry only a select number of brands and suits, their suit offer might not suit you (pun intended).
Renting a suit is often the better choice than to buy one. Unless you insist on wearing suits regularly, it will pay off much more to rent a suit for a fraction of its selling price. This article has shown you some of the best rental services that find the right balance between price and value, which will come in very handy once you start shopping for suits.
Better yet, we’ve gone over some methods to make rental suits even more affordable. To recapitulate, you should rent at the time of year when demand is lower. Ideally, you could also catch promotions or discounts to get the most favorable deals. And, of course, it would be best to rent online rather than in a physical shop.
Once you go searching for the perfect suit armed with this knowledge, you’ll have significantly better chances of finding what you’re looking for at a bargain.
1. How much does the average tuxedo cost?
Getting an average tuxedo price is somewhat tricky. Tuxes come in different categories, from the most affordable to luxury items, and the price difference between these extremes can be tenfold or more. At the lowest price range, an average tuxedo will cost about $200. At the highest point, bespoke tuxedos can easily reach prices of $5,000.
2. How much should I spend on prom suit?
Prom suits will range in price depending on their quality. There are options costing several thousands of dollars, but those might be a bit over the top. For a reasonably priced but quality suit, aim at a price of about $500-$600. Alternatively, you can rent a suit for considerably less, especially if you want a high-quality suit that you won’t wear again.
3. What is the difference between a tux and a suit?
A tuxedo jacket has satin detailing on the lapels, buttons, and pocket trim. Additionally, a suit jacket’s pocket has a flap that has the same material as the suit, while tuxes have piped pockets. Tuxedo pants have the same satin detailing running down the side, and they don’t have belt loops.
4. Are tuxedos more expensive than suits?
If they are in the same class regarding the quality of materials and craftsmanship, tuxedos are more expensive than suits. This is based on comparing entire sets, not a tux as only the jacket versus a full two-piece suit.