Storage units are a lifesaver for anyone who needs extra space but doesn’t have “bigger apartment” money. So, basically… all of us!
Price is the most significant factor in choosing a storage unit to rent. You work hard for your money, so you must ensure you’re happy where your money is going. The problem is most people have no idea what they’re looking for when looking at pricing for storage units.
Have you ever tried Googling “How much does a 10x10 storage unit cost per month?” You’re met with 1 million different figures, each as valid as the next. And let’s be honest; it’s pretty hard to wrap your head around why prices can vary so wildly. Because a storage unit is a storage unit, how different can you make them, right? Or at least, that’s what most people think.
You need to understand that no two storage units are built the same. A 5x5 storage unit from one business may be priced wildly differently than a self storage unit of the same size from a different company. Pricing for storage units is a much more delicate math problem.
The reason pricing for storage varies so wildly is that many more variables go into your self storage space than you may have realized. Factors that drive the price of a storage unit include:
- Location of the storage unit business.
This includes geographical areas (such as different states) as well as how easy it is to get there within a town or city.
- Size of your storage unit.
5x5 storage units, 10x10 storage units… the larger the unit, the more space you need, and the more dollars you spend.
- Location of the storage unit within the facility.
Yes, some businesses charge a premium for the easy-access units that don’t require going to the back of the building and using a ladder to reach it.
- Amenities provided within the facility.
From a cup of joe to A/C, extras have a price tag.
- Extra services offered in conjunction with your storage space.
Moving services, van rental, home decor… there are plenty of extra services and add-ons to drive up the price.
Trying to work out if you’re getting the best deal on your storage unit can be a big headache! That’s why we’ve dedicated this article to helping you understand what goes into the pricing of a storage unit and what to keep an eagle eye out for so you can make the best decision when you next rent a storage unit space!