How Much Does It Cost to Rent a Storage Unit?

If you’re thinking of renting a storage unit from a reliable facility, you’ll need to budget appropriately. Below we’ve laid out the different factors that affect the cost of renting a storage unit, as well as a price comparison of both self-service and full-service storage units.

What determines the cost of storage?

• Location – When renting a self-storage unit, the location of the specific storage facility is a big factor in determining the price. Those living in large urban areas may find that their facilities are more expensive due to high demand. If this is the case, consider renting a storage unit in a nearby suburb. Prices may be lower in less dense areas.
• Time – The amount of time you rent the storage unit is another major factor in determining the price. In general, self-storage facilities tend to offer rentals on a month-to-month basis. Some even offer the first month free. This flexible monthly pricing structure allows the customer to store their items temporarily without a making a long term commitment. In our opinion, this the most convenient option. Contracts offered by full-service storage facilities vary from company to company. Some insist on a 3 month minimum, while others offer month-to-month services.
• Size – The amount of stuff you have will determine how large of a storage unit is needed. Many self-service and full-service storage facilities offer storage units in various sizes to accommodate a wide-range of storage needs. Just remember: the larger the storage unit needed, the higher the monthly cost. So before throwing all of your belongings in storage, I recommend sifting through your things first. Purging unnecessary items will help bring down the cost of your storage unit.
• Level of service – Generally, self-service storage facilities cost less than full-service storage facilities. This is to be expected given that full-service usually includes pick-up and delivery.
• Add-ons – If you decide to purchase storage bins or packing supplies from the storage facility, your overall cost is going to increase. Several storage facilities offer customers the option of purchasing labor assistance as well.
• Items stored – If you’re looking to store your boat, car, motorcycle, RV or other unusually large item, you may need to pay extra for additional room in the facility.
• Insurance – Most storage facilities require customers to have insurance. For many customers, storage items can be covered by their homeowners or renters insurance. However, off-premises home insurance coverage often has a limit of $1,000 or 10 percent of the policy’s personal property limit, whichever is greater. For those without insurance, the storage facility should be able to help you sign up with a storage insurance provider.

Where can I find a storage unit?

Whether you need a place to put belongings for the short-term or long-term, renting a storage unit from a reliable facility is the best way to store your things before, during and after a move. Renting a storage unit also provides a great space-saving solution to those whose homes are overflowing with stuff. To find storage in your area, use Moversnearyou.info’s Storage Center. Just type in your zip code or city and state of residence, and click the ‘find storage’ button. Moversnearyou.info will pull quotes from the closest storage unit facilities near your new or old home to compare.

If you’re moving to a new home, you may also need reliable movers to help out. To find the best moving company to move your belongings, check Moversnearyou.info’s extensive network of reputable and reliable movers. All relocation companies in our network are licensed and insured, so you can rest assured that your move will be in good hands. Best of luck and happy moving!