1. Decide exactly what you're renting out

Before you set a price, be clear about exactly what's included with the studio. Renters need to know what they're paying for, so think through a clean, sprung or cushioned floor suitable for mats, and put it in writing up front to avoid disagreements later.

2. Work out how much to charge

Rates vary a lot by location and the standard of your space, so start by checking what similar spaces near you charge. Most owners settle on a hourly rate for a single class, or a block-booking discount for a weekly regular. Whatever you choose, make sure it covers your overheads — rent, utilities, insurance — with a fair margin on top.

3. Put your terms in writing

A short written agreement protects both sides. Cover the rent amount and how often it's due, the notice period either party needs to give, and house rules. It's also worth thinking about mirrors, a sound system, and storage for mats, blocks and bolsters before you accept your first renter.

4. List it so people can find it

A sign in the window only reaches people who happen to walk past. To reach freelance yoga teachers and yoga class organisers actively searching for space, you need a booking page that shows real-time availability and lets people book online, any time of day. With Booking Cove, you can set up a branded portal in minutes and start taking bookings straight away — you can also opt in to the Find A Space directory so people searching in your area can discover you.

5. Promote it and manage bookings

Once your listing is live, share the booking link everywhere your ideal renter might see it — relevant social media groups, local directories, and word of mouth with people already in your network. Once you have a renter, your calendar shows who's booked in and when, and you collect payment directly — because it happens offline, there's no commission taken from what you agree between yourselves.

Things worth double-checking

  • A clean, sprung or cushioned floor suitable for mats.
  • Mirrors, a sound system, and storage for mats, blocks and bolsters.
  • Good ventilation and temperature control, especially for heated classes.

Frequently asked questions

How much should I charge to rent out a studio?
Rates vary a lot by location and the standard of your space. Check what comparable spaces near you charge, then price to cover your overheads — rent, utilities and insurance — with a fair margin on top.

Does a yoga studio need heating or air conditioning?
It depends on the style of class — hot yoga needs reliable heating, while most other styles just need good ventilation and a comfortable, stable room temperature.

Can I rent my studio to more than one person?
Yes — many owners split one space across several renters using different days or time slots, which is easy to manage with an online booking calendar showing live availability.