Cheapest L40 rental
From $0.66 per GPU-hour at io.net on 2026-10-11 — 25% under the $0.88 median across 10 providers.
Prices collected 2026-10-11 · every provider's own public pricing
Cheapest ten listings
Individual on-demand configurations, in stock, cheapest first — a listing is one instance type, SKU or marketplace offer, priced per GPU. Marketplace offers are single machines and can be gone by the time you look.
| # | Provider | Configuration | GPUs | $/GPU/hr | Month | vs median |
|---|---|---|---|---|---|---|
| 1 |  io.net | 2x l40 · listed | 2 | $0.66 | $475 | −25% |
| 2 | io.net | 1x l40 · listed | 1 | $0.66 | $475 | −25% |
| 3 | io.net | 4x l40 · listed | 4 | $0.66 | $477 | −24% |
| 4 |  RunPod Community Cloud | L40 · Community Cloud | 1 | $0.69 | $497 | −21% |
| 5 |  GPU.ai | 1x l40 · listed | 1 | $0.78 | $562 | −11% |
| 6 |  Thunder Compute | 1x l40 · listed | 1 | $0.79 | $569 | −10% |
| 7 |  RunPod Secure Cloud | L40 · Secure Cloud | 1 | $0.82 | $590 | −6% |
| 8 | 1x l40 · listed | 1 | $0.86 | $619 | −2% | |
| 9 | Thunder Compute | 1x l40 · listed | 1 | $0.99 | $713 | −-13% |
| 10 |  Hyperstack | 1x l40 · listed | 1 | $1.00 | $720 | −-14% |
Every provider, cheapest first
Each provider reduced to its own median for the L40 — 5 of 10 sit below the market median.
| Provider | Kind | Median $/GPU/hr | vs market |
|---|---|---|---|
| io.net | marketplace | $0.66 | −25% |
| RunPod Community Cloud | marketplace | $0.69 | −21% |
| GPU.ai | marketplace | $0.78 | −11% |
| RunPod Secure Cloud | neocloud | $0.82 | −6% |
| neocloud | $0.86 | −2% | |
| Thunder Compute | neocloud | $0.89 | +2% |
| Hyperstack | neocloud | $1.00 | +14% |
 Oblivus | neocloud | $1.05 | +20% |
 Runcrate | neocloud | $1.14 | +30% |
 CoreWeave | neocloud | $1.25 | +43% |
By provider country
Median of the providers headquartered in each country. Where the hardware sits can differ; this is who you contract with.
| Country | Providers | Median | Cheapest there |
|---|---|---|---|
| AEUAE | 1 | $0.78 | $0.78 at GPU.ai |
| USUSA | 6 | $0.84 | $0.66 at io.net |
| GBUK | 2 | $1.03 | $1.00 at Hyperstack |
Spot and reserved
Questions
Where is the cheapest L40 right now?
On 2026-10-11 the cheapest on-demand L40 we track is $0.66 per GPU-hour at io.net (2x l40 · listed), about $475 a month per GPU. The market median across 10 providers is $0.88, so the cheapest listing is 25% below it.
Is spot cheaper?
Yes. The spot/interruptible median is $0.80 against $0.88 on-demand — 9% off — from 1 provider. The cheapest spot listing is $0.80 at Hyperstack. Spot can be taken away mid-job, which is why it never enters the headline median.
Why is the cheapest so far below the median?
Because the market is three markets. Marketplaces are independent hosts competing on price with consumer-grade uptime; neoclouds sell the GPU more directly; hyperscalers bundle CPU, RAM, network and an ecosystem into the instance price. The median sits where most providers sit; the cheapest listing is usually a marketplace host or a promotional neocloud rate. 5 of 10 providers are below the median today.
How often does this change?
Prices are re-read every six hours from each provider's own pricing and every snapshot is kept, so this page reflects the latest run and the history behind it. Recent cuts: GPU.ai -13.5% on 2026-10-09; GPU.ai -8.2% on 2026-10-07; GPU.ai -5.8% on 2026-10-06.