What Does Self Storage Cost?

If you have ever needed to rent self storage you will know that there are many factors that affect the rate of self storage. Not all storage is created equal and although self storage is usually in high demand, there is still room for competition. Self storage rates are first affected by geography. Self storage rates will vary from state to state and from town to town. The more popular and populated the area, the higher the self storage rates will be. Most self storage facilities that are located in the same close area will try to stay competitive and stay around the same rental rates.

The next thing to affect self storage rates is benefits and features. Would you rather rent a self storage unit from the place down the road that looks like sheds or the gated, well secured self storage facility? Yes, the place down the road is probably going to be cheaper, but cheaper is not better when it comes to self storage. The cheaper the self storage, the less likely they are to have good security, fencing, lighting, cameras, and an overall good feeling about the property. Benefits and features cost money and that cost is what helps determine the self storage rates for the facility.

Another thing that will affect self storage rates is what size self storage unit that you will need. The smaller the size will usually mean the cheaper the storage. So it is very important that you and your self storage manager decide what size storage is going to be right for you. If you a unit that is too big, chances are you are spending more money also. Always figure in ceiling height when trying to figure out what size self storage unit you will need. If you can stack some of your items and take advantage of the ceiling height then you will gain more space overall.

The type of self storage unit you will need will also affect the self storage rates. If you need basic regular storage, then you should not have to pay a lot of money. It will cost you more money to rent a climate controlled self storage unit. Why? It costs the self storage property more money to run and operate these types of self storage units. But this type of self storage is worth the money if you are storing certain types of items or are storing for long periods of time in areas that are very hot or very cold. Another type of self storage is whether the storage is drive up or located in a building. Drive up self storage is considered more convenient and will typically have higher self storage rates than inside self storage. 

Location is another type of self storage unit that will affect self storage rates. Many self storage facilities are built like a high rise. There are different floors with different sized self storage units on each floor. The ground floor is normally more expensive because it is easier to get you things in and out of your storage unit. The self storage rates will then decrease as you go up the building. If you are trying to save a little money ask for a higher floor, the rates will probably be lower.

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Disclamer: This entry is intended to promote our partner StorageMart and some or all participants received compensation.

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