Pricing and Costs of Self-Storage Companies

Evaluate the pricing and costs of self-storage companies to make an informed decision

Take the time to evaluate the various pricing and costs of self-storage companies in order to make sure that the use of self-storage facilities makes financial sense for your storage needs. Consider ways to use vertical storage space to make the most of self-storage space as a way to keep self-storage units an affordable solution.

Make a detailed listing of everything you need to store so you can determine not only the size of the unit you need for business storage but also if you need commercial storage that's climate controlled or units that have electrical outlets available.

1. Learn what to expect to pay for small self storage unit options.

2. Evaluate the cost benefits of medium-sized temporary storage.

3. Consider storage rental companies with large units for rent.

Look at the pricing options for small storage rentals

Recognize that small storage units are often compared to the size of an average hall closet. The price you can expect to pay for small units varies from region to region but averages about $50 per month.

Find out the fees for medium-sized business storage

Medium-sized storage units will store the belongings from an average two- to three-bedroom home. You can expect to pay between $100 and $200 per month for this size storage unit.

Calculate the fees associated with large self-storage units

Larger storage units are comparable to a three- to five-bedroom home and can run from $100 to $500 a month. The difference in price is largely due to the region of the country and the number of larger spaced units available for rent. Most companies find it more profitable to rent several small or medium-sized units rather than renting a lower number of larger units for more money.

• If you'll be moving things in and out of your commercial storage space, consider looking for indoor self storage space that allows you to pull your vehicle inside for protected loading and unloading. Take into account the extra price of such access to determine if it's worth the cost.

Copyright © 2013 Business.com, Inc. All Rights Reserved.

---