How Much Does A Storage Unit Cost Per Month
Written by craig braddick

How Much Does A Storage Unit Cost Per Month?

The average price of a storage facility rental per month is $160 per month for the US in 2019 with prices ranging from $20 per month to $300 per month. Obviously, prices can differ greatly!

Renting a storage unit can be useful not only when you move house but also to store belongings you do not have time to deal with at the current time. Depending on your location or the kind of unit you need, the prices can vary from place to place. You also have to keep in mind the price may vary depending on the quality of the storage facility. Higher end facilities in prime locations will cost more than older facilities. Read on to learn more about the cost of storage facilities.

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Storage Unit Size And Locations

The size of the unit will be the most important consideration when looking at the cost of a unit followed by the location of the facility. Storage units in urbanized areas are considerably more expensive than units in a small town or rural area. We are going to break down the average sizes of storage units using “population markets” described as follows:

  • Small Markets: Less than 80,000
  • Mid-sized Markets: Less than 800,000
  • Large Markets: 800,000 plus

5×5 Storage Unit

  • Small Markets: The average price is $28 with prices ranging from $20 to $35 for the US in 2019
  • Mid-sized Markets: The average price is $44 with prices ranging from $33 to $55 for the US in 2019
  • Large Markets: The average price is $68 with prices ranging from $50 to $85 for the US in 2019

5×10 Storage Unit

  • Small Markets: The average price is $28 with prices ranging from $20 to $35 for the US in 2019
  • Mid-sized Markets: The average price is $44 with prices ranging from $33 to $55 for the US in 2019
  • Large Markets: The average price is $68 with prices ranging from $50 to $85 for the US in 2019

10×10 Storage Unit 

  • Small Markets: The average price is $90 with prices ranging from $80 to $100 for the US in 2019
  • Mid-sized Markets: The average price is $105 with prices ranging from $90 to $120 for the US in 2019
  • Large Markets: The average price is $150 with prices ranging from $140 to $160 for the US in 2019

10×15 Storage Unit

  • Small Markets: The average price is $110 with prices ranging from $100 to $120 for the US in 2019
  • Mid-sized Markets: The average price is $138 with prices ranging from $125 to $150 for the US in 2019
  • Large Markets: The average price is $188 with prices ranging from $175 to $200 for the US in 2019

10×20 Storage Unit

  • Small Markets: The average price is $125 with prices ranging from $100 to $150 for the US in 2019
  • Mid-sized Markets: The average price is $188 with prices ranging from $175 to $200 for the US in 2019
  • Large Markets: The average price is $265 with prices ranging from $250 to $280 for the US in 2019

10×30 Storage Unit

  • Small Markets: The average price is $170 with prices ranging from $165 to $175 for the US in 2019
  • Mid-sized Markets: The average price is $210 with prices ranging from $200 to $220 for the US in 2019
  • Large Markets: The average price is $288 with prices ranging from $275 to $300 for the US in 2019

Location Of Storage Facilities

The location has a significant impact on the cost of a storage unit. The more expensive a city is to live in, the more expensive storage will be. Likewise, if you want a storage unit in a desirable area, you can expect it to cost more. Usually, self-storage in a downtown area costs more than self-storage in suburbia.

Climate Control

A climate controlled storage unit may be a very good idea if you live in a locale that has extreme humidity, cold or heat. Usually, you can expect to pay around 15% more per month for storage units with such facilities. The upside is it means it is far less likely your important belongings ill become damaged while they are in storage.

Indoors Or Outdoors

Outdoor structures are much like household garages. Every unit will have its own door, obviously accessible from the outside. Indoor structures often resemble apartment style buildings with a single main entry to the facility and then separate doors for each individual unit. Indoor units will be more expensive, sometimes up to 50 percent more expensive than outdoor units. Likewise, if you want ground floor access, it may cost a little extra.

Security Arrangements

Security is a very important consideration when it comes to self-storage. Always rent from a facility with some security measures in place. CCTV and keypad entry is often a good start. You can also find storage facilities that have guards on duty 24 hours per day. However, you can again expect to pay more for self-storage when they offer this level of security.

Rental Agreements

It is important you fully understand the rental agreement before signing your name to it. if you rent a self-storage unit for six months or less, you can expect to pay a higher monthly cost than one that is rented for a year or more. If you can pay upfront you will often benefit from a substantial discount. So if you are looking for maximum bang for your buck, it is a good idea to discuss with the facility any discounts they can negotiate for advance payment and extended rental terms. None of this, however, is set in stone. Other ways to save money include spending some time thinking of how you can best pack your items to minimize the effect climate issues may have, how to maximize the space you do have and buying your own cost-efficient but sturdy self-storage lock.

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