December 03, 2020 | 3 minute read

How Much Does a Storage Unit Cost in Vancouver?

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One only has to take a look around to see why people want to live in Vancouver. It’s a city like no other. But the desirability factor has its consequences.

It’s no secret that space in Vancouver goes for a premium. With a high urban density and nowhere to go but up, it is costly to live, and to store stuff, in this city.

If you are looking for a rental storage unit, the first thing you probably want to know is how much it’s going to cost. There are a few factors that come into place that affect the price of storage units in Vancouver.

Factors That Affect The Price of Storage Units in Vancouver

Size

Storage units come in a range of sizes. First take a close look at the things you want to store. Is it a whole house or an apartment worth of stuff? A bedroom or office? Maybe its some seasonal equipment, holiday decorations, or toys like kayaks and paddle boards. Whatever it is, it is probably important to you and worth saving if you are considering spending the money to store it. But the more you have, the larger the space you will need and the more it will cost.

Length of time

Some rental storage providers have tiered pricing systems that change over time, in that they are more expensive in the short-term and decrease in price the longer you stay. You will likely be charged a monthly rate and will need to give a certain amount of time in notice when you are ready to end your contract. When you are considering what kind of rental storage unit you need, think about how long you plan to keep it and budget accordingly.

Extras

Keeping your things safe, dry, and out of sight is important, and it costs money. While there is the fee you will have to pay month to month, you may also be required to purchase insurance, and there may be move-in fees up front. When you are considering your storage budget, ask plenty of questions so you can take into account if there are opening fees and extra ongoing fees so that you are not surprised in the end.

While the cost of a rental unit varies from place to place and unit to unit, we can look at some average rates per square foot. In some downtown or central Vancouver neighbourhoods, storage rents can reach up to around $3.75 per square foot, with the average hovering somewhere around $2.95 per square foot.

Of course, the further out you go towards the suburbs or out of town, the less the expense. But then you will need to factor in things like mileage and your time to drive in traffic when you need to access your unit. That may be a tradeoff you are willing to pay — it will depend on your situation.

For a centralized storage unit in Vancouver that is convenient, safe, modern, and reasonable, there are still good deals to be found. We encourage you to give us a call so we can help you find the Vancouver storage unit you need at the price that works for you.