How Much Is A Storage Unit In New York?

If you’re someone who is considering using a storage facility, one of the very first questions you’re going to research is, “How much does a storage unit cost?” This may seem like a pretty straightforward question, but there are lots of different factors that go into determining the price you pay to store your belongings somewhere else. Time of year, availability of space, and location are just some of the factors that influence how much you’ll pay to use a storage facility.

According to SpareFoot, the price of a storage unit in New York has risen, fallen, and then risen again. In 2013 the average price of a storage unit in NY was $104.32. In 2014 that average price dropped to $99.03. From then on out storage unit prices in New York have steadily risen going from $100.27 in the year 2015, to $101.36 in 2016, to the most current data collected in 2017 at an average price of $103.59. Keep in mind too that the size of the unit, or space, that you’re renting factors into determining price as well. The bigger the unit/space, the more it will cost to rent.

Time of year plays an important part in regulating how much a storage space in New York costs. During times of the year that are typically slower for business, storage facilities will decrease their prices in order to fill up their space/units. During their busy time of the year, some storage companies increase their prices since demand is so high.

In New York City, June is the most popular month for booking a storage unit and the month of February is the least popular. In Buffalo, October is the most popular month for renting a storage unit and January, February and March and the most unpopular months for renting a storage space. In Rochester, the month of April is the most popular time of year for using a storage unit, and December is the least popular time of year for utilizing a storage unit. In New York State, May is the most popular month to book a storage unit and February is the least popular month to do so. 

Looking at the areas of Buffalo, Rochester, Yonkers, Syracuse and New York City when it comes to the price of storage per square footage, NYC trumps them all with a price tag of $2.57 per square foot. Buffalo, NY on the other hand, is the leader on the lower end offering just $1.10 per square foot of storage space.

Location is another key factor that influences how much it will cost you to utilize a storage facility. Location of the facility itself, and oftentimes your location if you’ve decided to go with an on demand storage service, impact how much you will pay for storage space. If the storage facility you’ve chosen is located in a more affluent area, chances are the price of a unit there is going to be higher than it would be in an area that is less affluent. 

When it comes to on demand storage and location, many on demand storage companies do not offer a fixed price. Instead they ask you to input your zip code first and from there they figure out a price based off of that information. Since on demand storage services pickup your items that need to be stored, transport them into storage for you, and then deliver them back to you when requested, the zip code aids in calculating what price makes the most sense with the cost of gas, wear and tear on the vehicles, any tolls that may have to be paid during the trip, etc.

Amenities are another component that’s considered when it comes to establishing price. While many self-storage facilities do not offer many (if any) amenities to their customers, on demand storage companies like Zippboxx do. From picking up and delivering the customer’s belongings that need to go in and out of storage, to dropping off packing supplies, to providing customers with a digital inventory of their items in storage, there are a lot of reasons to weigh-in the benefits of convenient amenities offered by a storage company before choosing which one to use.

Now that you have a better idea of how much it is to rent storage space in New York, you can find the storage facility that works best for your budget, time, location and other wants/needs.

[Source: SpareFoot]