How Much Should & Do Storage Units Cost?

How Much Should & Do Storage Units Cost?

If you’ve never had to rent storage from a local storage facility then you might not know, what is the cost of a storage unit? And more importantly, how much should storage units’ prices cost?

You wouldn’t just show up and buy a car without doing some price-shopping beforehand such as checking Kelly Blue Book or websites like Auto Finder. So what affects storage rates?

As with any product, there are a number of factors that contribute to the storage prices.

  • Size of the unit (3×3, 5×10, 10×10, etc.)
  • Self-storage or climate-controlled
  • Location of the facility
  • Which floor the unit is located on
  • Occupancy rate of the facility
  • Don’t forget storage insurance!
  • Are there hidden fees?

Any number or combination of these things can cause the price for storage space to go up or down.

Size of the Storage Unit

Storage units come in different shapes and sizes. Depending on how much you want to store, you can fit a lot more as you go up in floor area. Some of the more common sizes are:

  • 3×3’s – 9 sq. ft.
  • 5×10’s – 50 sq. ft.
  • 10×10’s – 100 sq. ft.

Self-storage or Climate-Controlled?

If you’re storing items that might degrade with temperature fluctuations, choosing climate-controlled will up the price a bit since they need to have a stable environment.

Location of the Facility

If there are several storage facilities in the area, this could possibly cause the price to go down due to the normal business rules of competition and what the market can bare.

Which floor is the storage unit located on?

You might save a few bucks if you rent a storage unit that’s not located on the ground floor since it’s extra work to use freight elevators to go up and down.

Occupancy Rate of the Facility

Another business rule that comes into play just as it does for hotels is how full is the storage facility?

Don’t forget storage insurance!

Since we require storage insurance to protect all of our customers, don’t forget to factor this into your storage unit cost that is quoted. You can save some money by showing proof of home owner’s insurance to negate this cost!

At All Aboard Storage, our systems automatically calculate the price of storage due to all of these factors. We keep very competitive prices when it comes to competing with local self-storage companies and are confident you’ll find that what we offer is worth the money.

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