Cost of renting storage in 2022: NYC edition

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    Renting storage can be a lifesaver in a city like New York. As we acquire many items during our lives, sometimes we just don’t have enough space for them in small NYC apartments. Manhattan storage can help declutter your life and save items you simply can’t part with. However, nothing is free. While you can’t put a price on your valuable items, you can on renting storage. We made this article to help you figure out what kind of storage you need and the cost of renting storage in 2022. Without wasting any time, let’s get right into it.

    The most important thing in the cost of renting storage in 2022

    Unlike moving services Manhattan NY, one basic thing determines the cost of renting storage in 2022. And that, of course, is space. It’s simple, the bigger the storage you need, the more it will cost. However, the prices can vary with many companies that offer New York storage units. And as with anything in life, you usually get what you pay for. If you are tight with your budget, finding a cheap unit to rent is one option. If you don’t have a budget or don’t want to put a price on your valuables meant for storage, know that higher-quality storage units will be more expensive.

    White 10 Feet Steel Tape
    The bigger the storage you need, the more you can expect to pay

    Defining what type of storage you need

    The easiest way to know the cost of renting storage in 2022 is first by knowing what type of storage you need. You can do that by researching online or asking the companies directly. Of course, you must know exactly what you want to store. If you are moving by getting packing supplies NYC it will be easier to set aside items for storage in separate boxes, so transferring them is easier. Of course, make sure to ask only about companies that provide clean and secure storage units, as with them, you can feel safe that nothing will get damaged or even stolen.

    How much do storage units cost in NYC?

    An average storage unit in NYC in 2022 costs around $118. However, that price doesn’t tell you much because there are cheaper and more expensive units, depending on the amenities and even location. For example, Manhattan is the priciest location for a storage unit at around $395 per month. A bigger storage unit of 150 square feet in Manhattan can cost you an average of $683. However, small units with no special amenities can find storage for as low as $39. But these storage units are usually small, 5 by 5ft which can fit a small number of things. So, our advice is to decide how much space you will need, and if you are on a budget, cast a wide net. Don’t look only at locations near you but look at the wider NYC area.

    A man packing up his things after finding out the cost of renting storage in 2022
    Before you pack your things for storage, make sure you inquire about possible discounts for seniors, students, or veterans

    How can you pay for storage?

    Usually, paying for storage is like paying rent. You can pay every month, similarly to how you pay your rent. However, some companies offer yearly rent at a discounted rate. Either way, the exact amount of your storage rent is calculated on the type of storage you need and how much space you need for your items. There are many different types of storage. Knowing the difference will help you know exactly what you need to keep your belonging safe. Not only that, but it will help you know the exact cost. Some of those include:

    • Climate-controlled storage – for fragile items susceptible to damage when temperatures change drastically. Not all storage units are climate controlled, so make sure you check that before renting
    • Vehicle storage – there are storage units dedicated specifically for vehicles. It’s different than a garage and usually is a more long-term type of storage unit
    • Drive-up storage – a convenient type of storage that allows you to drive directly up t the storage and pick up or off your items easily
    • 24-hour storage – this type of storage unit is, as the name says, available to you at all hours of the day or night.

    Why you should be renting storage in 2022

    In the past year, many New Yorkers saw a significant rent increase. And it’s not just Manhattan. It’s all-around NYC. Chances are, you are one of those people. While our need for spaces increases, so does our rent. In the past year, rents have increased in New York by almost 30%, making the average rent in a one-bedroom apartment a whopping $3,267 in August. So, if you are renting, one way to go about rising costs in NYC is to opt for smaller apartments. Of course, they will have less room for all your belonging. That’s where New York storage can help you reduce your monthly cost. You can save a lot if you find a small apartment and put some of your belongings in storage. That way, you won’t spend the entirety of your pay only on rent.

    High Angle View of Cityscape Against Cloudy Sky
    If you factor in the cost of renting storage in 2022, you can find that it’s a good way to save money when switching to a smaller apartment in NYC

    On the other hand, if you aren’t a renter, you could still benefit from storage. Firstly, many people use storage as a way to declutter. If you have valuables you don’t want to get rid of permanently, the best option is to put them in storage. Another reason you should use storage is if you have just moved to New York and still haven’t found a permanent address. In that case, finding a company that can take care of moving and storage NYC, can make your life so much easier. 

    Renting storage is worth the price!

    The total cost of renting storage in 2022 in NYC has, like average rents, gone up. Even if you opt for a cheaper storage unit, it may cost you more once you factor in the average cost of renters insurance. However, for most people, this is a necessity that pays for itself. As we’ve seen, various things determine those costs, but if you want the best for yourself, you should pay for the best.








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