How Much Does a Self-Storage Unit Cost? - Pricing Overview

How Much Does a Self-Storage Unit Cost?

Isaac Aiden
Written by:
Isaac Aiden
Published Date: Oct 23rd, 2024
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how-much-does-a-self-storage-unit-cost

Space is at a premium, but peace of mind doesn’t have to be.

If you have ever found yourself wishing for a bit more room, you’re not alone.

In fact, around 10% of American households rent a self-storage unit at any given time​. 

Whether it’s to declutter, store seasonal items, or hold onto belongings during a move, self-storage has become an essential part of life for millions.

The self-storage industry is expanding rapidly and generating a staggering $39.5 billion in revenue annually.

It is projected to reach $49.10 billion by 2025​.

But when it comes to choosing a storage unit, one of the most common questions is, "How much are self-storage units?”

The answer isn’t as straightforward as you might think.

Prices depend on several factors like unit size and location and whether you need features like climate control.

For instance, the average cost of a 10x10 unit in New York can reach up to $244 per month.

And in smaller cities like Phoenix, it’s as low as $115​.

So, if you are feeling overwhelmed by all the options, don’t worry.

We are here to break down everything you need to know related to self-storage unit costs.

Basics of Self-Storage Costs

On average, the cost of renting a self-storage unit in the United States ranges from $60 to $300 per month.

The price is based on the size of the unit, the location of the facility, and whether the unit has additional features.

In 2024, the average monthly rate for a 10x10 non-climate-controlled unit was approximately $121, and a climate-controlled unit of the same size cost around $135.

If you go for smaller spaces like 5x5 units, prices can start as low as $35 per month,

It makes them one of the cheap self-storage unit options for people with minimal storage needs 

Factors Affecting Self-Storage Costs

Several elements influence how much you will pay for self-storage. 

Location

The price can fluctuate dramatically based on where you live.

For instance, a 10x10 unit in New York City might cost around $244 per month. In smaller cities like Phoenix, the same unit can be as low as $115 per month.

If you want to save, check storage facilities that are a bit further from city centers. 

Unit Size

The size of the storage unit is one of the biggest determinants of cost.

Here’s a quick breakdown of average prices by size in 2024.

5x5: $35 - $60/month

5x10: $58 - $80/month

10x10: $105 - $135/month

10x20: $140 - $190/month

Larger units like 10x30 can go up to $270 per month. 

Climate-Controlled vs. Standard Units:

If you are storing sensitive items like electronics, artwork, or furniture, a climate-controlled unit may be necessary.

These units typically cost 17% more than standard ones.

For example, a climate-controlled 10x10 unit averages around $135 per month and a standard one of the same size may cost $121 per month

Seasonal Demand:

Storage unit prices change with demand.

During peak moving seasons like summer, prices increase.

Conversely, renting in the winter can save you some money since demand dips.

How Much Does the Average Storage Unit Cost?

Average Storage Unit Cost?

Let's go through it step by step so you have a clear idea of what to expect when renting a storage unit.  

The Basics - What’s the Average Cost?

The average cost for a storage unit in the U.S. ranges depending on the size and features.

On average:

A standard 5x5 unit costs between $35 to $60 per month.

A 5x10 unit goes for $58 to $80 per month.

For the popular 10x10 unit, you’re looking at around $105 to $135 monthly​. 

Of course, these are just the basics. Prices can be higher if you need additional features like climate control. 

Unit Size

The size of the storage unit is one of the biggest cost factors.

Unit Size Dimensions (Feet) Average Cost (Standard) Average Cost (Climate-Controlled)
5x5 25 sq. ft. $35 - $60 $50 - $75
5x10 50 sq. ft. $58 - $80 $70 - $100
10x10 100 sq. ft. $105 - $135 $120 - $150
10x15 150 sq. ft. $121 - $160 $145 - $180
10x20 200 sq. ft. $140 - $190 $170 - $225
10x30 300 sq. ft. $200 - $270 $250 - $320

Location

Urban areas or cities with high demand for storage space will typically have higher prices. For example:

City Average Cost (10x10) Notes
New York, N $244 High demand, urban area
Los Angeles, CA $239 Urban area, high competition
Phoenix, AZ $115 Lower demand, suburban area
Dallas, TX $107 Affordable urban option

Vehicle Storage Costs

If you need to store vehicles like cars, RVs, or boats, the type of storage affects pricing:

Outdoor Vehicle Storage: $92 - $150/month (great for RVs and boats).

Covered Vehicle Storage: $100 - $180/month (provides some protection from weather).

Indoor Vehicle Storage: $148 - $270/month (ideal for long-term or sensitive vehicle storage)​. 

Vehicle Type Storage Option Average Cost (per Month)
Motorcycle Indoor 5x10 $92 - $120
Compact Car Indoor 10x15 $148 - $170
RV/Boat Outdoor/Covered 10x40 $109 - $269

Additional Costs

Most facilities require insurance to protect your stored items.

This might add about $10 to $20/month.

Some facilities include insurance in their rental fees, but always check to avoid surprises.

Additionally, some storage companies may charge:

Administrative Fees: One-time setup fees ranging from $15-$25.

Late Fees: If you miss a payment, expect penalties from $10 to $50 based on your lease agreement.

How to Find Cheap Self-Storage Units

There are always ways to secure cheap self-storage units: 

Location Flexibility: Choosing a storage facility outside of busy metropolitan areas can save you up to 50%.

Long-Term Leases: Commit to a longer-term lease as it can reduce monthly rates. 

Online Discounts: Many storage companies provide online booking discounts that can save you 10-20% off your first month.

Seasonal Promotions: Always rent during off-peak seasons (like winter). You can also minimize costs by using first-month free promotions.

Top Markets for Self-Storage in 2025

The cost of self-storage varies greatly across different U.S. cities.

Here are some of the highest and lowest averages:

Highest

Honolulu, HI: $299/month

San Francisco, CA: $262/month

New York City, NY: $244/month 

Lowest

Oklahoma City, OK: $68/month

Phoenix, AZ: $115/month

Dallas, TX: $107/month

Frequently Asked Questions (FAQs)

Yes, some storage facilities may charge additional fees beyond the monthly rental cost. Common hidden fees include administrative or setup fees (typically $15-$25), security deposits, and late payment fees.

In many cases, yes. Storage facilities may offer discounts if you commit to a long-term lease or if they have low occupancy rates.

Yes, storage unit prices can change. Most storage contracts have terms allowing the facility to increase prices with a 30-day notice.

Many facilities offer discounts like “first month free” or “50% off the first three months.” Some also provide lower rates for military members, students, or senior citizens.

Most facilities require you to have insurance coverage for your stored items. If you don’t already have renters or homeowners insurance, you may need to purchase a policy directly through the storage facility.


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