The Cost of Space

The Cost of Storage Space…

Storage units have become increasingly popular as a convenient solution when there is a need for some extra space. According to statistics, about 30% of Americans currently use a storage unit with another 20% planning to rent one in the future. This trend reflects the growing need for storage solutions above and beyond what their homes offer.

Self-storage units offer a convenient temporary space for when you are moving, renovating, downsizing, or storing seasonal or other infrequently use items. However, before signing a contract to store extra items away from your home, consider that a unit will come with a few disadvantages, the main one being cost. Based on search results, the average cost for a 10’ x 10’ storage unit in Middle Tennessee has a range of $65- $190 per month depending on the unit’s location and amenities like climate control or onsite security. And, depending on how valuable the potential stored items are, you may also want additional insurance coverage as off-site storage is likely not covered by your homeowner’s policy. You should also factor facility location and hours of operation into your final decision when you need to access your stored items.

Renting a storage unit can provide extra space and convenience in the short term to help you through transitions, but it might also be helpful to consider the no-cost option of decluttering existing spaces within your home. If you can remove items from your home that are no longer needed, you may clear enough space so that a storage unit is no longer needed!

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