Renting Your Jewelry May Be The New Way To Refresh Your Jewels Without Breaking The Bank

Diamonds may be a girl's best friend, but they are also quite an expensive friend to have. Whether you are planning a fancy date night or have a big event coming up, jewelry is the finishing touch you need to really make your outfit stand out. Last year, we saw chunky necklaces, floral jewels, and pendants trending, and adding them to your look made a huge difference. But with the high cost of jewels — according to The Diamond Pro, a diamond necklace can cost upwards of $36,000 plus — adding that hint of sparkle isn't always in the cards. 

If you want to spice up your jewelry collection without emptying your bank account, renting may be the best option for you. Something that was once reserved for gowns and designer clothing via services like Rent the Runway has now ventured into the world of jewels, and some of the biggest names in jewelry are offering some of their most coveted pieces for rent, allowing you to sport a new set of earrings for every event without the big price tag.

If you've ever rented a dress from popular clothing rental sites, you are already familiar with the renting process. But even if the only thing you've ever rented was a car or apartment, the process is still quite simple. For most, it begins with browsing their collection and choosing a membership or rent-by-product option. Each site offers its own pricing structure, so be sure you understand exactly how much renting costs before you dive in. Once you decide on a piece of jewelry you want to rent, you will get it shipped to you (or you can pick it up, depending on your location and the place you are renting from).

Most places have a minimum of a few days to rent, with a pay-per-day structure. When your renting window is up, you'll be instructed to send the jewelry back. Most places will provide you with the shipping label and box, making it a seamless process.

While the idea of renting high-end jewels is relatively new, you still have a few options. If you want something super luxe, Beekman NY offers everything from pearl and diamond earrings to a Cartier diamond necklace. Their in-house gemologist can help you decide which luxurious designer piece you want to rent, and it is the ideal renting site for those with expensive taste and a fancy event to attend, but not quite the budget to buy.

If you're on the hunt for something a bit trendier, Rent the Runway has a ton of jewelry options available for rent. This Soko Dash Hinge Wrap Choker is the perfect accompaniment for any outfit, fancy or casual, while these Lele Sadoughi Bezel Jewel Earrings are sure to spice up any look. Other services like Rocks Box and Switch allow you to purchase a membership that gets you unlimited jewelry pieces each month. It's time to say goodbye to that necklace you put on every night out and hello to a whole new collection of beautiful jewels.