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Before deciding to rent a storage unit for your belongings, you would probably want to get an idea of the cost. Normally, companies will provide information on cost on a monthly basis. Depending on the quantity and type of items you have, as well as their value and the length of time you need to store them, it might be worthwhile to consider a storage unit as a fast and easy option to store your furniture and other belongings.
Storage unit rental prices vary a lot depending on various factors. To help you make an informed decision, we have included those factors below, as well as price ranges depending on your needs.
Most storage facilities provide various sizes of units. The larger the unit is, the higher the price will be.
The cost of storage also depends on the location of the storage facility. In higher-cost areas, prices for storage spaces are higher. Storage facilities located downtown are more expensive than those that are in suburban areas. Storage units located outside residential areas are normally less expensive. If you do not need to access your items on a regular basis, consider renting a unit outside the city, even if away from your home, in order to save money.
There are outdoor and indoor storage units. With outdoor storage units, the door to access your unit is located outside, which allows for an easy access from your car when you need to pick up items. In addition, outdoor units tend to cost less per month. On the other hand, depending on the type of items you need to store, you might want to consider an indoor storage unit, where temperature and humidity can generally be controlled. Although more expensive, indoor storage is usually more secure, but the storage company may restrict access to business hours only.
As mentioned before, storage facilities usually offer rentals on a monthly basis. In general, the longer you use the service, the cheaper the monthly rent is. Some companies will apply discounts (ex: first month free) if you decide to rent a unit for a longer period of time. Although most facilities do not need to be notified long in advance, you should check your lease agreement to see how much notice you must give prior to vacating your storage unit.
Companies may offer all kinds of features that will generally increase the cost of your unit. Depending on your needs, you might want to consider some of them. We have listed a few of them below.
To give you an idea of storage costs, we have listed below price ranges for different unit sizes and locations. As mentioned before, units located outside major city centres or residential areas will be less expensive.
Costs of storage units vary a lot, depending on the size, the location, the type of storage, the duration of the rent and other special features you might want to have. To get an idea of the cost of rent for a particular storage unit, you must consider all these factors. The cost will vary depending on your needs.
You are not sure what type of storage you should get? We invite you to consult our article entitled How to choose a storage unit? to help you determine what is more appropriate for you depending on your needs.
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MovingWaldo is a one-stop-shop that simplifies tackling moving tasks
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We guide millions of families through each step of their moving process, helping them save time and money, and making sure nothing gets left behind.
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