what determines the cost of storage?

location and demand

The cost of self storage rentals is similar to the cost to rent hotel and motel rooms, in that it is based on supply and demand of the storage units that are available. Location has a direct effect on the storage unit pricing.

Most self storage customers choose a location near their home or business.The ability to quickly access their belongings and to save time have an impact on the rental cost. Urban locations close to the city core will have a price premium over locations further out. Deciding where to store your items will affect your storage cost. XYZ Storage rates are competitively priced to be always at or below average in surrounding locations.  

time and duration

Many rental prices are listed based on a monthly storage unit rate or monthly fee. This standard pricing makes it easier for you to make direct price comparison between units, and for you to budget your storage unit prices per month.

In some cases, it means that your rental terms are on a month-to-month basis. In other cases, it may require minimum months commitment in high demand areas. Some of these monthly pricing structures allow storage businesses to maintain profitability while sacrificing customer flexibility. That’s why at XYZ Storage, our pricing structure is flexible and prorated up to a daily basis to ensure that you’re only paying for what you use. You choose how long you want to store your belongings with us and you can save while doing it.

storage unit size

The amount you decide to store and the unit size that you require is another major factor in the pricing of your storage unit. Most facilities offer storage units in various sizes to accommodate a wide range of storage needs. Some of our most popular storage unit sizes include, 5×5, 5×10, 10×10, 10×15, 10×20, 10×30.

As expected, the larger the unit, the higher the cost. Before you decide to move your items into storage, we recommend talking to one of our Storage Expert to help you determine the right size and to strategize the ideal storage solution to optimize your storage space. We offer storage tips and customizations to help you make the most of your storage unit. As always, whenever you decide to change your storage unit size, we’re here to help you make it happen.

discounts and deals

In a competitive industry, many storage rental prices are offered with front-loaded discounts to attract more customers. For example, “Low-cost rental”, “First month free”, etc. While these discounts sound great and get customers excited to try self storage, you have to consider that you’re giving up on quality storage experience long-term. Security, safety, clean facilities, clear rental terms, and supportive customer service are not factors that you should give up in exchange for a one-time discount.

You plan to be storing your important, valuable belonging at the storage facility. You never want to discover that a storage space does not live up to your standards after you’ve already moved into the unit. It may end up costing you more to have to relocate your belongings. You want to find a storage space that you’ll be comfortable in. That’s why we strive to do everything we can to ensure you’re satisfied with our service. It’s how we continue to be the most reviewed self storage business in Canada.

quality services and facilities

Storage services vary in the service level offered, from self-served to full-service storage. Given different customer demands, some facilities only offer limited services and only focus on renting out storage units. We offer a variety of services that encompass all your storage needs such as self storage, truck rental, moving supplies, and shredding.  

With over 20 years of experience, XYZ Storage knows the importance of quality customer service levels and remarkable storage facilities. Your storage experience is important to us and we never cut any corners in ensuring your interactions with us are exceptional every time.