How Does The Cost Of Storage Vary?

The cost of storage units can dictate whether or not a customer will choose a specific company or will decide to look elsewhere for their storage needs. The need may be the result of a recent move, perhaps a newly married couple combining two households and there isn’t enough room for both of their furniture. Maybe someone simply needs to move away for a while and depositing their belongings is their only option. For whatever reason, a customer would want to know how the cost of storage works, along with any additional fees. Is putting items away a simple flat monthly rate, is there extra charges for late payments, and is there a down payment that must be provided? These questions are common, but with a little bit of research they can be easily answered.

The most common type of storage units include a box like room that can range from a 5’ x 5’ to a 20’ x 20’. Obviously, the smaller the space then the lower the cost is of the storage unit. Most companies charge a monthly fee. Many offer promotions for particular months or lower move-in fees.

A POD unit is a mobile type of space that has the ability to travel along with a customer. POD stands for portable on-demand. These types of units can be delivered and picked up from a specific location upon a customer’s request. If a customer does not wish the POD to be located on their property, most businesses that offer this feature also offer a location to keep them at. These types of units are very popular, but can be more costly than traditional ones.

Aside from the typical monthly payment of a specified unit, a few other costs may pop up for a storage renter. Units typically are not supplied with a lock, so the customer will need to supply that. Late fees can be charged depending on what is specified in the contract. Also, some companies require a down payment on the unit in case any damages are occurred during the renting period.