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What is a Storage Unit?

January 20, 2021 by Brett Tams

What kind of unit? Feet? Gallons? Pounds?

A storage unit is a space, usually in the interior of an enclosed structure, that’s used solely for — you guessed it — storage.

A storage unit isn’t equipped with the same types of amenities needed to constitute a residence suitable for living but may be climate controlled in some cases. Other storage units are very rudimentary structures that fluctuate in temperature fairly drastically and are commonly made of sheet metal.

Who needs a storage unit?

A storage unit can be beneficial to a couple of categories of people. Anyone who has excess belongings that can’t fit in their home can benefit from a storage unit. Storage units are also often frequently used during a move.

Short-term and long-term storage

Some renters use a storage unit for a short stint of time while others utilize one long term. There are some reasons for using storage units like this.

Short-term uses

  • Decluttering your home
  • Storing your items during a move/apartment hunting
  • If you move away seasonally (like a college student during the summer)

Long-term uses

  • Permanent downsizing
  • To maintain a home business
  • If your apartment complex offers one

Where can you find a storage unit?

storage unitstorage unit

Storage units are a common occurrence in cities across America, so you can almost always find one for rent nearby. However, many apartment communities offer a storage unit as an included amenity with some or all rental units.

These included storage units may be on-site at the actual apartment community or offsite somewhere else. This is especially common in urban areas where rental apartments tend to be smaller.

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Posted in: Home Loans Guide Tagged: Financial Wize, FinancialWize

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