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The Cost(s) Associated With Having a Hangar

Acquisition, rental fees, and other expenses should be top of mind before you buy that airplane.

Every airport seems to have a waiting list for hangars that is years—if not generations—long. [Adobe Stock]
Gemini Sparkle

Key Takeaways:

  • Airplane hangar costs are a substantial and often overlooked expense for aircraft owners, potentially rivaling apartment rent for the plane itself.
  • Hangar rental fees vary drastically by location, with desirable areas experiencing high costs (e.g., over $1,000/month) and widespread shortages leading to long waiting lists.
  • It is crucial to secure a hangar *before* purchasing an airplane, often requiring proactive effort and a personal approach due to the scarcity of available space.
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A couple of decades ago, I was at a friend’s barbecue when I met another guest who was a private pilot and former aircraft owner. At the time I was seriously considering training for a pilot certificate, which I mentioned with the hope of receiving advice, insight, or perhaps a bit of both.

The man, whose name I no longer recall, said flying is a wonderful experience, but I would be utterly shocked by the cost of owning an airplane. His advice: I should brace myself and be ready to pay up. I was somewhat suspicious of his guidance after further discussion revealed he had sold his Cessna 172 years earlier and bought a large sailboat—the classic money pit.

Jonathan Welsh

Jonathan Welsh is Lead Editor of Aviation Consumer and a private pilot who worked as a reporter, editor and columnist with the Wall Street Journal for 21 years, mostly covering the auto industry. His passion for aviation began in childhood with balsa-wood gliders his aunt would buy for him at the corner store. Follow Jonathan on Twitter @JonathanWelsh4

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