Startup cost: $200 - $5k

Starting a bike renting side hustle requires an initial investment that can vary based on the scale and quality of equipment. For a bare minimum setup, you should budget around $200 to $500. This would cover basic tools like a bike, locks, and marketing materials. On the high end, if you want to offer a premium service with multiple bikes, branded accessories, a website, and advertising, expect to spend between $2,000 and $5,000. Additional costs might include maintenance tools, insurance, and rental space.