Searching for a great deal on the perfect party dress this holiday season? Think about renting a dress.
That's right, the website Rent The Runway offers designer dresses for a fraction of the sky-high retail prices.
A Nha Khanh lace and toile cocktail dress runs nearly $1,000. Rent it for just a few days for just $150.
A Badgley Mischka dress retails for $495, but you can rent it for just $75. And one called a disco romper, is usually $432 but rents for $70.
If you happen to be in New York, you can even visit the Rent The Runway showroom in the Henri Bendel department store.
Watch More From The Rent The Runway Showroom
The trend of renting high-end duds is now even speading to kids clothes.
Alex and Heidi Lieske came up with the idea for Borrow Mini Couture after spending $400 on an outfit for their toddler son to wear to a wedding.
With a click of the mouse, you can now rent designer garb for your tiniest fashionistas, like a nearly $200 Moschino pleated dress for just $42, or a $400 Chloe sequined ensemble for only $99.
A representative from Rent the Runway told INSIDE EDITION, "People are looking for affordability but they still want quality."
The holiday looks you want, at some very jolly prices.