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Home»Business»What Factors Impact Storage Unit Prices?
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What Factors Impact Storage Unit Prices?

John LeoBy John Leo1st April 2022No Comments4 Mins Read
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Storage units provide a great solution if you need to free up extra space around the house or store some belongings while you are moving. No matter if you need a short-term or long-term solution, a self-storage facility could be the answer. With thousands of options across most cities and towns, however, there are likely numerous options to choose from in your area. One of the biggest factors people consider when getting a storage unit is price. The average cost of a unit can range from $100 to $300 a month, depending on your location. The price you pay for your unit will vary based on several factors.

Several factors like size, location, and amenities will all impact storage unit prices. Demand in the area and the availability of storage units can also have a bearing on the monthly cost. One of the most common mistakes that many people make is getting a storage unit that is too big and overpaying each month for space they don’t need. Considering all of these factors will help you carefully select the right unit for the best price. Let’s take a look at a few things that will impact the cost of your storage unit.

Size

One of the biggest influencing factors that will impact the price of your unit will be the size. In general, storage units range from small 5×5 units to extra large 10×20 storage spaces. Bigger units will usually come with a higher monthly price tag. To save money and get the maximum benefit from your space, you need to select the appropriate size for your needs. As discussed, a major mistake that is commonly made is getting a unit and paying for extra space you don’t need.

You can consult a size guide or speak with storage facility staff to investigate possible sizes. In general, if you are looking to store an entire three-bedroom home, you might need a larger 10×20 unit. You will need to take a complete inventory of your belongings and the things that you want to store to get a better idea of the space you need. Employing some creative packing methods to maximize space along with disassembling any furniture will help you squeeze into the smallest unit possible.

Location

Location is an important factor to consider when you are selecting a storage unit. Where the storage facility is located will have an impact on the price you pay. Typically, storage units that are closer to residential areas and large cities will have higher monthly costs. In this instance, you are paying for convenience and the real estate costs of more popular areas. If you need storage space in an area closer to your home or on the way to your work, you might need to choose a prime location and pay a little more for your unit. However, if you can tolerate the inconvenience of a unit that is outside of town, you might save a little money.

Amenities

Storage units come in several sizes and options. They also come with varying levels of amenities that might impact your monthly price. Many facilities offer indoor units with climate control for better protection of your belongings. Along with this, some storage facilities also offer 24-hour access, upgraded security features, and digital controls. You will need to decide which amenities are important for your needs. The more upgrades and amenities offered, the more expensive your unit will be.

Storage units offer a wide range of solutions for many situations. With almost 50,000 storage facilities across the country, there are numerous options to consider. No matter your need for extra storage, you can find the best unit and monthly rate with some comparison shopping and considerations for your situation.

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John Leo

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