Renting a storage unit costs an average of $125 to $175 per month for the most common size of 100 square feet. Prices vary according to the size and whether the unit is at an indoor warehouse with climate control or in an outdoor garage.
The process of renting a storage unit typically follows these steps:
Renting a storage unit is worth the cost if you're staying in college dorms, moving, serving in the armed forces, or remodeling your home. A storage unit is also beneficial for long-term storage of RVs and seasonal vehicles, especially when home parking is limited.
Conversely, storage unit rentals aren't cost-effective for keeping easily replaceable items that you won't need beyond a year. Be cautious about paying more for yearly storage than the items inside are actually worth.
While renters insurance often includes coverage for storage units, the extent of the coverage varies. Insurance coverage is common for belongings stored outside of your primary residence, typically up to 10% of the personal property limit in your policy. This coverage kicks in after meeting the deductible.
If your storage unit gets broken into, then the terms of your policy outline who's responsible. When you opted out of insurance and signed an agreement that absolves the company of responsibility for theft of uninsured items, then the company isn't liable.
However, if the company's contract commits to secure storage and a theft occurs due to an oversight by their staff, the company is responsible.
You cannot live, sleep, or work inside a storage unit due to local and national housing regulations. The storage facility will likely evict anyone violating their rental agreement.
If you require more than just a space for your belongings, consider warehouses that offer combined office and storage spaces.
A storage unit can accommodate your car if the facility explicitly designated the space for vehicle storage. Typically, these storage solutions are in secured outdoor areas featuring covered parking. Storage spaces for cars range from 200 to 600 square feet, and some include indoor options with 24/7 surveillance.
Due to potential fire hazards from fuel leaks, storing a car with a full gas tank inside an enclosed unit might not be permissible.
While searching for a storage unit near you, be sure to:
When considering a storage unit rental, discuss the following points with management:
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