A partial lease arrangement, also known as a half lease, usually provides you with the ability to ride the horse you are leasing during certain days of the week. In a partial lease, you will be sharing the horse with another rider or the owner.

Leasing a horse is nearly always less expensive than buying one. It's a relatively low-cost option between owning a horse outright and using a rotating carousel of school horses at the stables. You get the consistency of riding one horse without much of the expense.

A $250.00 deposit is required to reserve a mare for the Breeding Lease Program. Once you begin the breeding process, a montly lease fee of $150.00 will be charged. You are responsible for this monthly fee until the resulting foal is born.

For a full lease, the lease fee is most often about 25% – 30% of the horse's entire perceived value paid annually. So, for a horse worth $10,000, you can expect a lease fee of around $2500 yearly.

A free lease means that the horse is leased to someone without any payment to the owner. When you have a free lease you retain ownership and control of your horse but your horse, in best-case scenarios, is still cared for and loved. Everyone wins. The owner has good care for the horse they love.

Leasing broodmares is fairly common, even for some large breeders, and it can provide advantages for both the breeder and the mare owner.

What care is the lessee responsible for providing? A lease agreement should specify who is responsible for ensuring the horse receives adequate shelter, feed and water, grooming, exercise, farrier care, dental care, and veterinary care, including vaccines and deworming.

Overall, the North American broodmare market was down slightly, with the average broodmare price dipping 0.8% to $83,161 compared with a 2017 average of $83,799. The North American median, however, decreased nearly 12% to $15,000.