How Much Does A Storage Unit Cost In 2022?
The cost of a storage unit can range from around $100 to $300 per month. Pricing majorly depends on the size (bigger units are more expensive) and availability (prices increase when there are not many available units).
The best storage unit companies are around 20% less expensive if you make an online order. It is a better way to save back $40 or $50 in your purse to help pay for a moving company or hire hourly labor. Storage units’ costs vary from one state to another and from city to city.
To know the average cost of self-storage in different cities all over the country, we gathered our pricing data with three of the other biggest self-storage providers in the country. Whether you are looking for a standard or climate-controlled unit, our pricing covers many cities.
Here, you will discover the price averages for common storage units across the nation. We’ve also added some guidelines to assist you to know more about the perfect size space for you.
In this article
What is the Cost of Storage Units?
Storage units are roughly $190 per month. We asked for over 800 quotes from 10 different self-storage companies and discovered that monthly prices start from around $90 for a small storage unit to almost $300 for a large one.
The Average Cost of Storage Units
|Storage Unit Sizes||Average Monthly Cost|
|Small (5×5–5×10 ft.)||$90|
|Medium (5×15–10×15 ft.)||$160|
|Large (10×20–10×30 ft.)||$290|
What Impacts the Price of Storage Units?
Prices of storage units vary depending on things like features, size, and availability. You also can save money by making price comparisons of different companies. And it is important to remember fees, taxes, and insurance (they cost you around $50 and are not included in your quote).
Let’s look at the storage unit costs based on various factors.
What are the Prices of Storage Unit by Size?
The price of storage unit differs based on the size of the unit. Larger units usually cost more to rent than smaller ones. However, the self-storage cost per square foot reduces as you increase the size because of scale economies. Local demand and availability for particular sizes in a market or at one facility can also impact the price.
The chart below indicates the median cost for the six commonest sizes of the storage units. As shown there, some types of units get lower in price while others have their price increased. This is possible because of instability in market demand.
Popular storage unit sizes and dimensions
|Small||5 x 5 ft. 5 x 10 ft.|
|Medium||5 x 15 ft. 10 x 10 ft. 10 x 15 ft.|
|Large||10 x 20 ft. 10 x 25 ft. 10 x 30 ft.|
What are the Prices of Storage Unit by Features: Climate Control?
The major feature of a storage unit that costs more is climate control. A Climate-controlled storage unit monitors the level of temperature and humidity inside it, so your items don’t get spoilt. For instance, your wood furniture, artwork, and photographs are better protected by a climate-controlled storage unit than traditional storage.
The majority of storage unit companies mentioned that climate control costs around 20%-50% more than a traditional storage unit. But that is mostly far from true. We checked over 2800 quotes and discovered that climate control truly costs around $10 less than traditional storage unit (online sales was helpful).
Median online prices for climate-controlled storage
|Type of storage space||Average monthly cost|
|Climate-controlled storage unit||$180|
Note: Median prices include online rates together with taxes and insurance. Applicable one-time admin fees of nearly $25 excluded. Offers and availability may be different based on location and are subject to change.
It appears strange, but it is real: climate-controlled units can cost more. However, since storage facilities lose money every day that a self-storage unit is empty, they have a huge incentive to offer discounts. This implies that you can usually save money by shopping for various storage unit providers to determine which ones offer the best sales.
What are the Prices of Storage Unit by Availability or Seasonality?
Prices of storage change on availability (prices are lower when available units are many). A self-storage facility that has 100 empty units often costs cheaper than one that is almost full. We’d like to give you a list of the cheapest locations but the prices you receive on Monday can be much different from the ones you see on Tuesday.
You can get ready to pay more on storage units starting from May to September than you would all through the rest of the year. This season is when the majority of Americans relocate to a new home the main support for the storage industry. With the increased demand, storage operators can increase prices on their store inventory. Renting a storage unit in the off-season can save you a lot of money than renting in the peak season.
Storage Unit Companies
Storage unit prices differ a little from one company to another. Our experts analyzed a lot of quotes and discovered that the affordable storage unit providers are around 20% cheaper than the industry average. This means that you can save around $30 just by renting from Simply Self Storage, U-Haul, or CubeSmart.
Affordable storage unit companies compared to the industry average
|Storage Unit Company||Median Monthly Cost||Industry Median Cost|
|Simply Self Storage||$150||$40 ↓|
Note: Median prices include online rates, taxes as well as insurance. Applicable one-time admin fees of roughly $25 are not included. Offers and availability may change based on location and are subject to change.
However, price is not the only thing that matters. For instance, U-Haul has cheap prices, but its customer reviews are also low. Also, the costliest company (Extra Space Storage) receives the best reviews (it is our number one storage unit provider choice). Read the pros and cons of the best storage unit providers to determine what is most reasonable to you.
Storage Unit Insurance
It is vital to not forget that insurance is not added to the storage price. Most storage centers require that your belongings are insured, and some may request proof of insurance. Usually, your homeowner’s or renters’ insurance will cover your belongings, but not all the time. You can generally buy storage insurance coverage from the storage facility you choose to rent from.
Storage unit insurance rates begin in the first month but can cost more if you want extra coverage. That is so important since insurance is not often optional: you need it to rent a storage unit.
Costs of First month’s storage unit (including taxes, fees, and insurance)
|Before taxes, fees, and insurance||After taxes, fees, and insurance||Price difference|
Taxes and Fees
Storage unit providers don’t add taxes and fees in your rental quotes, and the costs quickly increase. Aside from paying your state sales tax, you will also often have to spend around $25 for a one-time admin fee. That implies that the median storage unit quote is around $40 costlier than what is displayed for you on the screen.
The Cost of Storage across the United States
Storage costs can differ based on where you reside. The median monthly cost of storage in the state of California was $119 in 2019, while monthly costs of storage in Texas are a bit below the national average at $83 per month. Prices in other states significantly differ, for instance:
- Florida’s median storage cost is $92 per month and the lowest was in Tallahassee at $76 per month
- Storage in Ohio averages $74 per month
- Washington’s monthly average for storage is high at $119. Usually, a high population can increase the cost of items in a place, including storage unit prices. If you don’t need local access to your items, consider storing them in a neighboring town that offers cheaper costs for storage.
To provide you a clear example of the amount you might be able to save by checking for storage in a nearby town, check the differences between the average rates of storage in cities against their rural neighbors:
- Storage facilities in Los Angeles cost an average of $246 per month compared to Anaheim, where storage units cost an average of $1 per month. 5×5 storage units are available at $42 in Anaheim, while prices in Los Angeles range from $104 to $468 per month for units of the same size.
- Searching outside of the city area can save you a lot of money in Tennessee. While the average cost in highly populated areas like Nashville is above the national average at $92 per month, rural locations like Clarksville have a cheaper rate of $70 per month.
- New York is a new state that has cheaper storage options in rural places. NYC costs an average of $188 per month, while the average of Syracuse is the lowest in the state at $129.
FAQ On Storage Unit Cost
What is the capacity of a large storage unit in a square feet?
Large square feet often have a measurement that ranges between 200 and 300 square feet. That is often enough to hold items from a large house or apartment.
What is the best storage company?
The best storage company according is Extra Space Storage. The self-storage company is famous for its great customer service and almost 2,000 locations.
What is the cost of storage insurance?
Storage insurance rates begin at around $10 per month. Contact your storage unit company for certain pricing information. Some companies also enable you to make use of your homeowners’ insurance.
What is the median cost of vehicle storage?
The median cost of vehicle storage is roughly $230 per month. However, prices vary based on the size as well as the availability of your car storage unit.
Where can I get a portable storage container?
You can contact a moving container company to get a portable storage container. According to us, the best companies that provide portable storage containers include U-Pack, PODS, and 1-800-PACK-RAT.
Who charges the lowest prices in the self-storage industry?
Simply Self-Storage charges the lowest prices in the self-storage industry. Its median monthly cost is $150 and is $40 lower than the industry average (excluding a one-time admin fee of $24).
What companies offer cheap storage units?
U-Haul, Simply Self-Storage, and CubeSmart have cheap storage units. They charge an average of $160 per month and are $30 below the average of the self-storage industry.
Are our online storage unit prices cheaper?
Yes, storage unit prices are less expensive online. You can save around 20% if you book a storage unit on the internet rather than going to a self-storage center.
What is the cost of a small storage unit?
The median cost of a small storage unit is roughly $90. Small storage unit sizes start from around 25 to 50 square feet and can accommodate items like sports equipment, business supplies, and other small belongings from your home.
What is the amount of money needed to rent a storage unit?
The median cost to rent a storage unit is around $190 per month, but prices change depending on size and availability.
What is the price of a 10 by 20 storage unit?
The median price for a 10 by 20 ft. storage unit is roughly $290. A 200-square foot unit usually accommodates most belongings from home or a large apartment.
What is the cost of storage space at Public Storage?
Storage space costs around $210 every month, or around $20 above the average self-storage business at Public Storage.
Now that you know the average monthly rates for common sizes of storage, how can you make sure that you are getting the best deal for your money? In short, do your research before you sign the contract to be sure you are receiving the best rate. Immediately you rent a storage unit, make efficient use of your space so that you don’t overpay each month.
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