How Much Is a Storage Unit per Month? [2024 Guide]

Life gets messy, especially if you live in a populated city like New York. So we understand if you need more space to keep that extra stuff.

But before you start hauling your stuff to the nearest facility, it’s important to understand the associated cost. You want to start asking questions like, how much is a storage unit per month?

Storage unit prices can vary, but with some smart shopping, you can find an affordable option even on a budget. This guide provides an overview of the typical monthly rates, the factors affecting these rates, and how to get the best deals.

Tip: If you live around Yonkers in NYC, save the stress by getting a competitive storage rate from Honey Store It!

The Average Cost of Storage Units Per Month

If you plan to rent a storage unit in the US, you should understand that the average price for self-storage can vary based on several factors, such as the type of unit, location, and storage unit size.

Basic Storage

The average monthly rental price for a standard storage unit, which provides basic storage without climate control, ranges from $60 to $180 or more. These units are suitable for storing items that aren’t sensitive to temperature or humidity, such as household goods, furniture, and seasonal decorations.

Climate-Controlled Storage

If you need to store items that require a more controlled environment, such as electronics, documents, artwork, or antiques, a climate-controlled storage unit is a better option. These units maintain a consistent temperature and humidity level to protect sensitive items. The average cost for a climate-controlled storage unit typically ranges from $75 to $225 or more per month. Our climate-controlled units in NYC start at only $100 per month.

Additionally, the size of the unit affects storage unit rental prices; smaller units, like 5x5 feet, are on the lower end of the price range, while larger units, such as 10x20 feet, will be more expensive. Check out this detailed breakdown of storage unit costs in the US for more information. However, as mentioned earlier, several other factors influence the storage unit price you pay, and we’ll delve into them below.

4 Factors That Impact Self-Storage Rental Prices

Self-storage rental rates aren’t the same across every region and state in the US. A facility located in a more expensive city like Yonkers, for example, pays more for land and operations and will charge more than storage unit companies located in less expensive cities. However, at Honey Store It, we aim to provide competitive pricing regardless of location — you’ll find storage as low as $100 per month in Yonkers, NY.

Below is a detailed breakdown of what makes the price of storage units differ:

1. The unit size
2. The facility location
3. Amenities and length of rental
4. Features like climate control

1. The Unit Size

The bigger the storage unit, the higher the monthly rent — it’s as simple as that. Units are usually priced by square footage, which means a 10x20-foot unit will cost significantly more than a 5x10 unit at the same facility. If you only need to store a few boxes or small furniture pieces, go with the smallest available size. But if you’re stashing an entire household’s contents, you’ll need a large unit — and pay accordingly.

2. The Facility Location

Just like real estate, self-storage prices fluctuate based on location. An urban self-storage facility in a high-density area will command top dollar for storage units versus a more rural location. You’ll pay a premium to have your belongings stored close to home or your business compared to cheaper alternatives in a distant location. However, suburban facilities tend to strike a nice balance between convenience and cost.

3. Amenities and Length of Rental

Most facilities offer basic security like gated access, cameras and on-site management. But some upscale places like Honey Store It provide extras like interior units, elevators, free dolly use and even wine storage. The more bells and whistles, the pricier the monthly rent. Likewise, signing a long-term lease (6+ months) rather than renting month-to-month often qualifies you for discounted rates.

4. Features Like Climate Control

Standard storage units are just four walls, a ceiling and a door. They’re not temperature-controlled or humidity-regulated. Climate-controlled units have insulation, ventilation systems and sometimes individual cooling/heating units to maintain an ambient environment inside. This premium feature comes at a premium price — usually 25% more storage space cost per square foot than a standard unit.

So, should you opt for climate-controlled units over regular self-storage units? Is the extra price worth it? Find out below!

Climate-Controlled vs. Non-Climate-Controlled Unit Pricing

Climate-controlled units maintain a consistent temperature and humidity level year-round. This helps protect temperature-sensitive items like wooden furniture, electronics, books, and important documents from moisture damage or warping. Non-climate-controlled units have no such regulation, exposing your belongings to the elements.

If you’re storing anything valuable or irreplaceable, a climate-controlled storage unit is well worth the extra expense for peace of mind. But for basic household items that can withstand temperature fluctuations, a standard unit may suffice. However, as earlier mentioned, the average storage unit cost for climate-controlled storage is higher.

The Cost Difference

So, what kind of premium are we talking about for that cool, dry air? On average, climate-controlled storage units' cost is around $75 to $225 or more — about 25% more than their non-climate-controlled counterparts.

While the range can vary significantly by location and unit size, let’s use some rough nationwide estimates to compare storage rates per square foot:

• A small 5x5 non-climate-controlled unit averages $60 per month; the climate-controlled equivalent is $75 per month
• A larger 10x15 non-climate-controlled unit averages $393 per month; climate-controlled jumps to $525 per month

That’s quite a markup, especially for bigger units! But you can store your belongings for longer without any fear of it getting damaged.

Deciding What’s Right for You

Clearly, climate control is a major factor influencing self-storage costs. But only you can decide if it’s truly necessary based on the following:

• What you’re storing (valuables, temperature-sensitive goods, or just boxes)
• For how long (short vs. long-term)
• Your storage location’s climate patterns

If summers are mild where you live, a standard unit may suffice year-round. But if you’re in an area with extreme heat, humidity, or winter freezes, paying more for climate control could be vital.

Weigh the monthly price difference against the cost of potential damage to your belongings. The little extra could be cheap insurance for irreplaceable items. But for basic storage needs, a non-climate controlled unit is the budget-friendly way to go.

That said, how can you reduce the overall cost of self-storage rent per square foot that you pay? We’ve put together some helpful cost-saving tips for you below!

7 Top Tips for Getting the Best Self-Storage Deal

While storage is essential, you don’t want it to take up a significant chunk of your finances, especially if such costs can be reduced.

1. Assess your storage needs.
2. Compare prices and amenities.
3. Ask about move-in specials.
4. Consider renting long-term.
5. Look for additional discounts.
6. Time your rental wisely.
7. Negotiate for a better deal.

1. Assess your storage needs.

Before you start shopping around, take some time to determine exactly what you need from a storage unit.

How much stuff do you have to store?

What size unit will you require?

Do you need climate control for sensitive items?

Getting specific about your needs upfront will make it easier to find the right facility.

2. Compare prices and amenities.

Once you know what you’re looking for, start researching self-storage facilities in your area. Check out their websites and read reviews from other customers. Pay close attention to pricing for the size and amenity level you want. But don’t just go with the cheapest option; also look at factors like security features, hours of access, and cleanliness of the facility.

3. Ask about move-in specials.

Storage companies often offer promotions and discounts, especially to new customers. When you call around for quotes, be sure to inquire about any move-in specials. If you time your rental right, you may be able to snag a free month’s rent or a discounted rate.

4. Consider renting long-term.

While month-to-month leases offer flexibility, many storage facilities incentivize longer rental periods with lower rates. If you can commit to storing your belongings for 6 months or a year, you’ll likely get a significant price break compared to going month-to-month.

5. Look for additional discounts.

Don’t be shy about asking if the company offers any other discounts. Many storage operators extend special rates to students, seniors, military members, and others. Simply being an existing customer may qualify you for a loyalty discount as well. It never hurts to ask!

6. Time your rental wisely.

Prices for self-storage units can fluctuate based on demand. You’ll typically find the best deals during the winter months when fewer people are moving. Peak moving season in the spring and summer translates to higher rates.

7. Negotiate for a better deal.

Don’t just accept the quoted rate as gospel. It’s often possible to negotiate a better deal, especially if you’re renting long-term or can pay several months upfront. In some cases, the facility would rather rent to you at a discount than have a vacant unit.

That said, the basic price for self-storage isn’t the only cost when renting a storage unit. You should also be aware of several other costs that you may be required to pay. We’ve detailed some of these fees below.

Additional Self-Storage Costs to Consider

Beyond the monthly rental fee, there are a few other expenses to consider when budgeting for a self-storage unit.

Some of the most common additional costs:

1. Insurance coverage
2. Lock purchase
3. Amenities and services
4. Administrative costs

1. Insurance Coverage

Most storage facilities offer affordable insurance plans to protect your belongings from events like fire, theft, or natural disasters. While this is an optional storage unit cost, it can provide invaluable peace of mind.

The cost is typically based on the total value of the items stored. Insurance is highly recommended for valuables like antiques, electronics, or family heirlooms.

2. Lock Purchase

You’ll need to buy a lock to secure your unit — often, facilities won’t provide one for liability reasons. A basic disc or cylinder lock can cost anywhere from $5 to $20.

For maximum security, invest in a high-quality padlock rated for outdoor use. These cost $20–$50, but they can be worth the investment for securing irreplaceable possessions.

3. Amenities and Services

Many storage companies charge nominal fees for premium amenities like drive-up access, handcart use, and more. While not essential, these can make loading/unloading much easier.

Additional service fees may apply for things like:

• Rental truck usage
• Labor assistance for heavy items
• Shipment acceptance
• Supplies like boxes and tape

4. Administrative Costs

Finally, expect to pay small administrative storage unit costs like:

• Security deposit (refundable, usually a month’s rent)
• Lease admin fee (one-time, $10–$25)
• Late payment fees (typically $10–$20 after a 5–10 day grace period)

These help cover the facility’s operating expenses. Most are one-time or avoidable charges, so read your contract carefully.

While the monthly storage unit cost is the biggest expense, factoring in these potential extras from the start can prevent surprise storage unit rental prices down the road. With proper planning, the total price for convenient storage can still be reasonable. And if you live in New York or around Yonkers, we have one of the best rates at Honey Store It, considering our location and the amenities offered.

The average price for self-storage per month can vary quite a bit based on size, amenities, and location. But generally, you’re looking at $60 to $225+ on average. The good news is that prices have stayed pretty steady over the past few years. So, you can likely find a unit in your budget if you shop around.

Be sure to get a unit big enough to hold your stuff but not too big to waste money. And don’t forget to factor things like admin fees and insurance costs into your total price. With a little research, you can find the perfect storage solution to meet your needs and keep some extra cash in your wallet this year.

Check out our self-storage facility in Yonkers—we offer some of the best rates.