The Cost of Self Storage in Baltimore, MD
Cities with a large student population tend to have higher storage costs than those without, so this factor has the potential to drive up the price of units in the area. That said, real estate prices also play an essential role in determining how much customers should plan to spend on space. In Baltimore, Maryland, house prices are below the national average, so this means it’s relatively easy to find a good deal. Those who are looking for premium features such as temperature control, free moving trucks or facilities that are manned 24 hours a day can expect to pay a little more but still below what would be expected in more expensive cities. All of Baltimore’s storage rental prices are lower than the state average, but large 10×20 units run about $14 more than the U.S. average.
Average cost of storage units in Baltimore, MD compared to state and national averages
Size of Storage Unit | City Average | State Average | National Average |
5×5 | $37 | $46 | $41 |
5×10 | $56 | $67 | $59 |
10×10 | $90 | $122 | $95 |
10×15 | $96 | $156 | $113 |
10×20 | $147 | $185 | $133 |
What to Consider when Looking for Storage in Baltimore, MD
When selecting which company to use to store goods in Baltimore, Maryland, security should be a top priority. Unemployment in the area is higher than the national average, which tends to lead to increased burglary rates. With a property crime rate that is almost double the national average, it’s a good idea to look for secure facilities that offer CCTV. Due to the fact that the climate includes very hot, humid summers and bitterly cold winters, it’s recommended that potential customers choose a property with climate control.
Helpful Tips for Moving to Baltimore, MD
Baltimore is a vibrant city with the potential to find a great deal on a home. Prices are significantly under the national average, and with the cost of living set at 11.8% lower than the rest of the United States, Baltimore residents can save up for a bigger house, flashier car or an exotic holiday.
Schools have an excellent student to teacher ratio, with 16.1 school kids per teacher. Also, $16,838 is spent each year on students, which is over $4,000 higher than the average in the United States. Also, for people who like their summers hot and their winters cold, Baltimore, Maryland, has clearly defined seasons.
Frequently Asked Questions
How much is a storage unit in Baltimore, MD?
Self-storage prices in Baltimore vary depending on the unit size, amenities, and location. Renters pay an average of $37 per month for a 5’x5’ unit to $147 for a 10’x20’ unit. A city’s property values and cost of living directly impact storage prices; with Baltimore’s real estate costs falling 46.7% below the national average, renters can find reduced storage unit prices compared to other U.S. cities.
What amenities are necessary for safe, secure self-storage in Baltimore, MD?
Baltimore’s property crime rate is 67.6, nearly double the national average, making finding a storage facility with advanced security measures essential. In addition to standard gates and locks, look for a unit protected by enhanced features such as alarm systems, guards, and video surveillance. You can improve the security of your unit by upgrading your lock, placing valuables at the back, and purchasing insurance.
How to get cheap storage units in Baltimore, MD?
The best way to find inexpensive storage units in Baltimore is to compare prices from local facilities. Many businesses offer promotions, discounts, and referral programs that can significantly reduce your monthly fees. You can also keep costs down by renting the smallest unit suitable for your belongings, as size is the most influential factor in self-storage unit pricing.
Does home insurance cover storage units?
Most home insurance policies cover items in a storage unit at a capped rate of 10% of your standard policy. If your policy covers damage to items in your home up to $30,000, it will cover the items in your storage unit up to $3,000. If you have high-value items in your unit, you can purchase self-storage insurance from your original provider or a third party to ensure complete protection.
Can you sleep in a storage unit?
It’s against the law to sleep in a storage unit. Those caught staying in a self-storage can face fines, jail time, and termination of their rental agreement. Storage units are designed to hold belongings, not people, and do not have the proper amenities for human habitation. Sleeping in a self-storage unit can result in serious health risks such as hypothermia, poor air quality, and lack of ventilation.