People increasingly are choosing to rent self-storage space on a short-term or long-term basis for a variety of reasons. Those who don’t have a lot of possessions to be kept at the facility may rent a Mini Storage Unit in Baltimore. If they ever need to store more belongings, it’s easy to rent a second small unit or move everything into a larger one.
Relevant Statistics
To get an idea of just how popular self-storage has become, statistics provided by SpareFoot shed some light on the subject. U.S. residents can choose from more than 54,000 facilities across the nation, totaling some 2.6 billion square ft. of space. But how many people actually are renting units? Between 9 and 10 percent of households were doing so as of 2015.
Needing More Space
About half the customers rent space because they don’t have enough room in their homes for all their possessions, according to various surveys. A Mini Storage Unit in Baltimore is suitable for this purpose as long as the person isn’t trying to store numerous large pieces of furniture or hundreds of boxes and plastic totes. Sometimes they plan on getting a bigger place in the future but years pass before that happens.
Other Reasons for Renting Storage
The other half pay for storage for a range of reasons. A college student might rent a unit for the summer when heading off to a seasonal job and plan to move to a different apartment upon his or her return. Someone who has joined the Peace Corps for a two-year commitment might not be able to stash belongings with a parent and instead, chooses self-storage.
Time Frame
Most units, like those at S&E Mini Storage, are rented on a monthly basis with no long-term contract. That’s because most people who lease these units expect to need them for only a few months or, perhaps, a year. This type of facility also offers discounts for three-month rental contracts. The Self Storage Association reports that about one-third of customers have their stuff out within six months. Click here to see photos and read information about S&E.
