NVIDIA · 48 GB · updated 2026-11-02
L40S price: rent per GPU-hour, history and outlook
The NVIDIA L40S (48GB) rents for $0.38 to $3.77 per GPU-hour on demand across hyperscalers and neoclouds, median $1.53; a one-year commitment lists at $1.09. Coloprice tracks published provider price pages only — no purchase-price estimates. Below: the range, 18 historical snapshots, the analyst note with sources and the colocation alternative for owned hardware.
How much does an L40S cost to rent in 2026?
On 2026-11-02, NVIDIA L40S (48GB) on-demand rental ranges from $0.38 to $3.77 per GPU-hour across tracked providers, with a median of $1.53. A one-year contract lists at $1.09 per GPU-hour. At the median, one GPU running around the clock costs about $1117 per month; an eight-GPU node about $8935. Prices are read from provider price pages and change weekly.
L40S price history
Median on-demand price per GPU-hour by snapshot. Peak $1.70 (2025-06-01), low $0.90 (2026-08-24); change versus a year ago: -10%. Snapshots before 2026-08 are seeded from published market indices; later points are collected by Coloprice from provider price pages.
| Date | Median | Min | Max | 1-year |
|---|---|---|---|---|
| 2026-10-28 | $1.53 | $0.38 | $3.77 | $1.09 |
| 2026-10-21 | $1.53 | $0.38 | $3.77 | $1.09 |
| 2026-10-14 | $1.53 | $0.38 | $3.77 | $1.09 |
| 2026-10-07 | $1.53 | $0.38 | $3.77 | $1.09 |
| 2026-09-28 | $1.53 | $0.38 | $3.77 | $1.09 |
| 2026-09-21 | $1.53 | $0.38 | $3.77 | $1.09 |
| 2026-09-14 | $1.53 | $0.38 | $3.77 | $0.89 |
| 2026-09-11 | $1.53 | $0.47 | $3.77 | $0.89 |
| 2026-09-07 | $1.13 | $0.38 | $3.77 | $0.89 |
| 2026-09-02 | $1.05 | $0.38 | $3.77 | $0.89 |
| 2026-08-28 | $1.05 | $0.38 | $3.70 | $1.09 |
| 2026-08-24 | $0.90 | $0.38 | $3.50 | $1.09 |
| 2026-08-17 | $1.27 | $0.47 | $3.50 | — |
| 2026-08-12 | $1.55 | $0.48 | $3.50 | — |
| 2026-08-05 | $1.55 | $0.48 | $3.50 | — |
| 2026-08-04 | $1.54 | $0.79 | $3.00 | — |
| 2026-08-03 | $1.54 | $0.79 | $3.00 | — |
| 2025-06-01 | $1.70 | $0.99 | $2.25 | — |
Seed sources: Silicon Data H100 Rental Price Index · SemiAnalysis — GPU rental capacity and pricing · Introl — GPU cloud price collapse, Dec 2025
Analyst note: what moved the L40S price
Floor holds at $0.38/GPU-hr (Lium.io, re-confirmed today via ComputePrices' live tracker) — note Lium's own pricing page currently marks its lower $0.35/GPU-hr rate as 'reference price, unavailable' with no pods in stock right now, so $0.38 remains the operative floor rather than $0.35. Typical pricing holds at ~$1.53/GPU-hr — GetDeploying's tracked median reads flat (~$1.50) on a fresh check, no change; Runpod (~$0.79), gpu.ai/Vast.ai (~$0.80) and CoreWeave (~$0.99) still cluster below it. Ceiling holds near $3.5-3.8/GPU-hr (AWS us-east-1 8x config at $3.77; Oracle bare-metal at $3.50). Correction: the contract figure was previously sourced to Civo's 36-month tier ($0.89); Civo's full rate card, re-confirmed live today, is $1.29 on-demand → $1.19 at 6 months → $1.09 at 12 months → $0.99 at 24 months → $0.89 at 36 months, so the 1-year field now correctly uses the 12-month rate of $1.09.
Sources: AIMultiple — GPU cloud price index · Lium.io pricing · ComputePrices — L40S price comparison · Civo — NVIDIA L40S GPU cloud pricing
L40S against the other 10 tracked GPUs
Sorted by median on-demand price. L40S ranks #3 of 10 from cheapest. Same tracker, same date.
See also
Weekly digest: GPU and colocation price moves in one email.
FAQ
Why does the L40S price range from $0.38 to $3.77?
Because the tracker covers very different sellers: marketplaces and boutique neoclouds at the bottom, hyperscalers with bundled networking, storage and support at the top. The median $1.53 is the better planning number; the minimum usually comes with capacity limits, older hosts or spot-like terms.
Is the L40S getting cheaper?
The tracked median moved from $1.70 at the first snapshot (2025-06-01) to $1.53 now, with a peak of $1.70 and a low of $0.90; the change against a year ago is -10%. Newer generations, provider capacity and inference demand drive the direction — see the analyst note above for the latest move.
What does it cost to buy an L40S instead?
Coloprice does not publish purchase prices for the L40S: vendors and OEMs do not list them publicly, and quoted figures vary by volume and configuration. For a rent-versus-buy comparison use the calculator on the tools page with your own quote and the rental median $1.53.
Where can I host my own L40S servers?
In colocation facilities built for high density: current NVIDIA accelerators need liquid cooling or 40–130 kW racks, which only AI-ready halls provide. The colocation pricing pages show wholesale $/kW benchmarks by market, and the catalog marks AI-ready facilities per city.
Get L40S capacity quotes
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