How Much Does Storage Cost in NYC?

How Much Does Storage Cost In NYC?

Storage

How Much Does Storage Cost In NYC

It’s no news that the residents of New York are always in need of more space. Whether you are moving for a while or you live in New York all year, you would find yourself in need of a storage space sooner or later. It’s a common issue in New York, and as we know, where there’s a problem, there’s a solution. As a response to New Yorker’s forever needs for a larger space, numerous storage facilities have opened their doors. 

There’s a small problem though, nothing comes cheap in New York, especially space. However, if you play your cards right and do your research well, you’d find an excellent storage facility and the most reasonable cost. 

But the question remains, how much do storage units cost in New York? The answer isn’t as straightforward as we’d like to think. There are so many factors that make that cost add up. Hence, we’d break down these factors so you can figure out how much does storage in NYC, based on your preferences:  

Location

Location is one of the most important factors that affect the cost. If you go for a storage unit in Parkchester – New York City’s cheapest neighborhood – you’d find a storage unit at an average rate of $20. Whereas, the same sized storage unit would cost you a minimum of $163 in Manhattan. Similarly, the more affluent the neighborhood is, the higher the cost of the storage unit. If location isn’t a priority for you, always go for cheaper neighborhoods. We’d advise learning the layout of New York City if you are new, or you can easily make a wrong decision just due to your lack of information. 

Bin-it-Storage-Cosit-in-NYC

As a general rule of thumb, if the rent rate of a New York borough is high, then the storage unit cost would also be steep. Rated from most expensive to least expensive. Here are New York City’s five boroughs:

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Size

The next factor that affects has an effect on the storage cost in NYC, is its size. After location, it is the size of your storage unit that will fluctuate the cost. You can rent a storage unit as small as 1” * 2” and it will cost you under $10. However, it’s always a good idea to rent out a storage space that is a little larger and will have some extra space even after you have stored all your valuables. This extra space comes in handy in emergencies and also allows your valuables to be stored safely without the fear of damage. A 25-square-feet storage space, almost as large as a walk-in closet would be around $35. Subsequently, the larger space, the higher the cost. A 50-square-feet space can cost you anywhere between $40 to even $400 (if it is Manhattan). Large storage units that can store an entire family’s belongings and vehicles are about 10 by 30 feet and their cost begins from $400. 

Time 

Time is another factor that affects the cost of the storage units. Most commonly, storage units are rented out on a month-to-month basis and as the months of storage increase, so does the cost. However, different movers offer different kinds of discounts. Some might offer the first month free of cost and charge for the 2 months. Some offer a combined discounted package of 3-months, 6-months, or for a year. The time duration is a flexible factor and allows the customers to choose an option that is best suited to their needs. There are also long-term storage units that can provide you a substantial amount of security in knowing you have longevity in securely storing your precious items.

Add-ons

Once you begin the process of storing, you’d realize you might need some more things along the way. Many storage services have these add-ons that save you from arranging those things yourself. For instance, you might need packing supplies for the storage as well as packing bins. If your belongings are particularly heavy, then you might even need to hire movers and laborers to carry your belongings. If you choose to utilize the services of the storage company and buy from them then your cost will add up. 

Insurance

Buying insurance for your items in the storage is one of the smartest moves you can make. Many storage companies offer packages that already cover insurance, others might require you to buy it separately. Either way, it will make a difference in your cost. In certain cases, the company itself is legally obligated to provide you insurance. For instance, a moving company is often responsible for the belongings during the move and the insurance is upon them. 

Items Stored 

The nature of your belongings might also make a difference in rates occasionally. For instance, if you are looking to store items such as a huge RV or a vintage car, or a boat, the price might differ. 

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Access

The levels you choose in the storage facility also affect the cost. The ground floor storage facility is the most expensive, and subsequently, the rates drop as you move your storage to a level higher. Some special storage facilities even allow you to drive upright in front of your storage unit, since the convenience is above par, the rates are highest for it too. 

Finding the Best Storage Services in NYC 

Now you have a somewhat good idea about the storage unit costs in New York City. It would be an ideal situation if you get your desired storage unit, at a reasonable cost and along with excellent services. However, such a winning combination is hard to find and takes time. To make your work easier for you, we already have found movers that offer the best of everything. Bin It Movers offer storage units at the best rates possible. Moreover, they pick up your belongings, they store them safely, and then they return your belongings on your doorsteps whenever you need them – talk about raising the bar! You can check out their rates and see for yourself how easy on the pocket their services are. For more queries, contact us today!

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