**Trader sentiment for H200 GPU rental prices at end-October 2026 centers on sustained AI demand outpacing near-term supply additions for the 141 GB HBM3e Hopper GPUs.** Current on-demand medians sit near $4.5–4.8 per GPU-hour across providers like CoreWeave, RunPod, Vast.ai, and Nebius, with spot rates often $2.50–3.50 and hyperscaler listings higher. Recent data show modest month-to-month stability or slight declines in September followed by flat-to-upward 90-day trends, reflecting tight availability for large-model training and inference workloads. With roughly two weeks left and no major new capacity announcements, the market-implied odds favor the $5+ buckets as traders price in continued tightness and limited substitution from newer Blackwell parts in the short window. Spot volatility and regional differences add uncertainty but reinforce the elevated consensus.