How much money can you make renting the Canon EF 70-200mm f/2.8L IS III USM? See real rental rates, calculate your payback period, and decide if it is worth the investment.
Based on real Sharegrid listing data for the Canon EF 70-200mm f/2.8L IS III USM. Includes body-only and kit listings. Last updated April 2026.
Lowest Rate in Los Angeles
$25/day
51 listings
Average Rental Price
$46/day
Includes kits in all markets
Estimated Used Price
$1,679
Current resale value
Estimated Payoff Time
18 months
At $25/day, 5.06 days/month
Based on $25/day lowest listing in Los Angeles and 5.06 rental days per month. Includes body-only and kit listings.
Monthly Net
$108
$126 gross, after 15% fee
5-Year Net Earnings
$6,451
$4,552 profit
5-Year ROI
240%
3.4x return
Projections based on Sharegrid market data. Rates include body-only and kit listings. Net earnings calculated after 15% platform fee. Does not account for multi-day discounts, insurance, maintenance, or depreciation.
Lowest listing price and number of available rentals (body and kits) across major cities.
| Market | Starting Rate | Listings |
|---|---|---|
| Los Angeles, CA | $25/day | 51 |
| New York, NY | $38/day | 18 |
| Atlanta, GA | $46/day | 4 |
| SF Bay, CA | $37/day | 3 |
| Miami, FL | $40/day | 2 |
| San Diego, CA | $30/day | 2 |
| Phoenix, AZ | $40/day | 2 |
| Chicago, IL | $40/day | 2 |
| Portland, OR | $40/day | 2 |
| DC Baltimore, MD | $42/day | 3 |
Based on Sharegrid marketplace data. Actual value depends on condition and accessories included.
New Price
$1,899
Estimated Used Price
$1,679
Value Retained
88%
Released 2018
Consistently in the top 5 most-rented items on Sharegrid. Huge installed base drives strong rental volume. Lens-only at $35-70/day, with accessories $50-85/day. 15% Sharegrid service fee.
It depends on your market and booking frequency. In high-demand cities like Los Angeles and New York, the Canon EF 70-200mm f/2.8L IS III USM is one of the most requested lenses on rental platforms. In smaller markets, finding consistent bookings is harder. Use the calculator above to model your specific scenario.
With Accessories listings command $50-$85/day compared to $35-$70/day for lens only, but require a $2,200 upfront investment vs $1,899 for lens only. The higher-tier listing typically has a better ROI per dollar invested if you can maintain consistent bookings.
Sharegrid charges a 15% service fee on all bookings. Multi-day rentals also typically receive a 10-30% discount off the daily rate. This means your net earnings per day are lower than the listed rate. The calculator above accounts for the 15% platform fee.
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