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What Factors Determine the Fee for a Storage Unit?

What Factors Determine the Fee for a Storage Unit?

November 09, 2020

At some point, almost everyone will need to use a storage unit, whether it's short-term storage for seasonal things like boats and snowmobiles or selling a home, or for the long term when you need to save on space. Carefully considering what you need from a storage unit will help determine the cost. This complete storage guide contains helpful information you can use to answer all your storage questions.

Size

Size is the most critical factor in determining the cost of a storage unit. It makes sense. The larger the storage unit, the more it costs. Intelligently storing your things can help you store more in a smaller space.

Indoor vs. Outdoor

Both indoor storage and outdoor storage have their strengths. Indoor storage generally provides better security because things are stored in a secure building and are protected from outdoor temperature and humidity swings. Indoor storage is more expensive but can be essential for safely storing collectibles, wood or leather, books, etc.

Outdoor storage is generally more accessible, so you can often pull your car right up to the unit. Some self-service storage is accessible 24 hours a day. Outdoor storage generally more economical, especially for larger units. Vehicles, boats, and R.Vs are typically stored in large outdoor units.

Demand

There are certain times a year when the demand for units goes up. Generally, around the start of summer and mid-fall, there is a seasonal increase in demand for storage units. Demand for certain types of storage changes from location to location, i.e., a coastal city's demand for boat storage is different from a mountain town's.

Service Provided

The level of service provided will have a significant effect on the price. Full-service storage packages that include the labor of moving and perks like that will increase the cost. A self-service contract will generally cost less but leave all the work up to the renter. If you're on a budget, you can save a lot of money by choosing a unit where you are responsible for moving your belongings.

A man locking a storage unit | Idaho Storage Connection

Additional Costs

Depending on the circumstance, there are some additional costs associated with renting a storage unit. For example, when signing the contract on the storage unit, be prepared to pay a security deposit, buy a lock, and pay an administrative fee. Other factors of cost can include

  • Insurance: Some storage companies require it. Seriously consider it, especially if you tend to store something expensive.
  • Taxes: County, State, and Federal taxes will add to the final price.
  • Clean-up fees: Failing to keep the unit clean, especially after emptying it and turning it back over to the facility, will result in a fee for the cleaning.
  • Insurance: Don't forget to check with your homeowner's insurance. The cost of your unit may already be covered.

Get Started With Idaho Storage Connection

Idaho Storage Connection is proud to have served The Treasure Valley area for over twenty-five years, with six facilities serving Boise, Meridian, Nampa, and Eagle areas. Contact us today to discuss your storage needs with a representative.

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