What self storage is and who uses it
Self storage means renting a private space, usually a lockable unit, in a facility where you bring your own items and access them yourself. Units come in a range of sizes, and some facilities offer climate-controlled, drive-up or indoor options. Terms, fees and rules differ from one company to the next, so treat everything below as general guidance and check the details with the facility.
People use storage for many reasons, but most fall into a few groups: a change in housing, a temporary project at home, or simply having more belongings than the home comfortably holds.
Main benefits of self storage for a home
Extra space without moving
If closets, the garage or the spare room are overflowing, a unit gives you somewhere else to put low-use items. This can be especially useful in apartments and small homes, where space is limited and a larger place may cost far more than a unit.
Support during a move
Storage can bridge the gap when your move-out and move-in dates do not line up, or when you want belongings out of the way before you unpack and set up each room (see our tips for unpacking after a move). It can also hold things while you stage a home for sale.
Renovations and projects
During a remodel, moving furniture and decor off site can protect it from dust and damage and give contractors room to work. Many people use a unit only for the length of the project.
Decluttering at your own pace
A unit can give you breathing room while you sort through belongings. Used carefully, it is a holding step, not a destination. If items sit untouched for a long time, that is usually a sign to sell, donate or discard them. Our guide to packing a storage unit covers how to decide what goes in before you pay to store it.
Seasonal rotation
Holiday decorations, camping gear, sports equipment and out-of-season items take up room at home. Keeping them in a unit and swapping them as needed can free up closets and the garage.
Life transitions
Downsizing, a temporary move in with family, a college semester abroad or a financial setback can all mean you need to keep belongings safe while your situation settles.
The four D’s of self storage
You may see the “four D’s” used to describe common triggers for renting a unit. They are usually listed as death, divorce, downsizing and dislocation (a move or relocation). The exact wording varies by source, but the idea is that major life events are a frequent reason people need storage. They are also often stressful times, so it helps to keep the plan simple and the rental short where possible.
Downsides and risks
- Ongoing cost. Rent continues every month. A unit that seems inexpensive can add up over a year or more, and facilities may change rates or add fees.
- Out of sight, out of mind. Items you rarely see are easy to forget, which can turn a short-term fix into a long-term bill.
- Access limits. Gate hours, distance and the effort of driving there mean you will use stored items less than items at home.
- Not fully risk free. Facilities typically have security measures, but theft, water damage, pests and temperature swings are still possible. Ask what the facility offers and what your own insurance covers.
- Contract terms. Late payment can lead to extra charges and, eventually, a lien sale or auction of the contents. Read the lease. See storage unit auction tips to understand how that process generally works from the buyer’s side.
- Restrictions on use. Most leases limit living, working or hazardous activity in the unit. Our article on using a storage unit as a workshop explains why.
Pros and cons at a glance
| Pros | Cons |
|---|---|
| Frees up space at home | Recurring monthly cost |
| Flexible, often short-term | Easy to forget what you own |
| Helpful during moves and renovations | Less convenient than home storage |
| Option for seasonal rotation | Rules limit how you can use the space |
| Can be sized to your needs | Risk of damage if packed or insured poorly |
Can you sleep in a storage unit during the day?
Facilities generally do not allow people to live or sleep in units, and this is commonly written into rental agreements. Units are not designed for habitation: ventilation, lighting, heating and safety systems are limited. If you are tempted, check your lease and talk to the facility, and look at safer options for temporary housing.
Can a storage unit be a tax write-off?
It depends on your situation, and rules differ by country and by year. In some cases, storage used for a business or for certain qualifying moves may be deductible, while storage of personal household items usually is not. Because tax rules are specific and change, speak with a qualified tax professional before assuming a deduction applies.
Is it worth it? Questions to ask yourself
- Is this a short-term need with a clear end date?
- Would I rebuy these items if I lost them? If not, consider selling or donating.
- Have I compared the total yearly cost with alternatives?
- Do I know what size I really need? See our guide to storage unit size for a one bedroom apartment for a starting point.
- For a larger household, have I looked at storage costs for a three bedroom house?
Alternatives to consider
- Decluttering and selling items you no longer use
- Better use of closets, garage walls and under-bed space at home
- Asking friends or family to hold a few items short term
- Portable storage containers delivered to your home
- Shelving or overhead racks in the garage (see what to store in a shed vs a garage)
Where to go next
If you are considering renting, start with sizing and costs, then plan how you will pack. If you are curious about the business side, read the pros and cons of owning storage units.