The Cost of Self-Storage in Salt Lake City, UT
Residents of Salt Lake City can typically expect to spend more on storage units than people living in other parts of Utah, although the costs are fairly close to U.S. averages. A typical 10×10 unit goes for about $80 a month in most of the state but typically costs around $106 in Salt Lake City. The national average is $95 per month.
This high cost may be due in part to Salt Lake’s generally high real estate costs, which are significantly higher than the rest of the state. The city is also home to numerous colleges, including the University of Utah, Westminster College and The Art Institute of Salt Lake City. The high number of students, as well as other seasonal or temporary residents who work as outdoor guides or at LDS-affiliated institutions, helps drive up the demand for storage units and increase the cost.
The average cost of storage units in Salt Lake City compared to state and national averages
| Size of Storage Unit | City Average | State Average | National Average |
| 5×5 | $45 | $34 | $41 |
| 5×10 | $61 | $55 | $59 |
| 10×10 | $106 | $80 | $95 |
| 10×15 | $119 | $94 | $113 |
| 10×20 | $151 | $124 | $133 |
What to Consider When Looking for Storage in Salt Lake City, UT
Climate is an important consideration when selecting a storage unit in Salt Lake City. The area tends to be fairly dry, which makes mold and mildew less of a concern than in other regions. However, Salt Lake sees both very hot summers and cold winters. Average summer highs are in the 90s, and the average winter low is 23 degrees F. A climate-controlled unit is a good idea for any temperature-sensitive items.
Salt Lake City also has a very high crime rate, so a secure storage area is essential. Sperling’s Best Places gave the city a property crime score of 95.4, which is considerably worse than the U.S. average of 35.4. Renters should look for units with video surveillance, secure fencing and on-site managers. Added security, such as individual door alarms and regular property patrols by staff, also help keep valuable belongings safe.
Helpful Tips for Moving to Salt Lake City, UT
Although Salt Lake City is a typical western city with considerable urban sprawl issues, it’s still generally fairly easy to get around. Two major freeways run through it, and the city streets are on an easy-to-navigate grid pattern. It also has a commuter rail system and bus system, although most residents drive their own cars to work. The average commute time is only about 19 minutes, which is lower than the national average of about 26 minutes.
The cost of living in Salt Lake City is fairly high, but virtually all of that is housing costs. Residents can typically expect to find affordable groceries, utilities and transportation options. The economy is generally doing fairly well, with an unemployment rate of only 2.9%. That’s lower than the U.S. average of 3.9%. Job growth is also expected to increase at a faster rate than the national average.
Frequently Asked Questions
How much is a storage unit in Salt Lake City, UT?
The average price for a storage unit in Salt Lake City ranges from $45 for a 5’x5’ unit to $151 for a 10’x20’ unit. While prices are similar to the national average, they are higher than other cities in the state. The elevated costs are mainly due to the cost of living, which is 21.3% higher than the national average. The city is also home to over 16 colleges and universities, creating a student population that drives the demand for self-storage solutions.
Is climate-controlled self-storage necessary in Salt Lake City, UT?
Salt Lake City has a humid continental climate with frigid winters and warm summers, making climate-controlled storage essential. With winter temperatures dropping below freezing and average annual snowfall of 55 inches, unprotected belongings are subject to shrinking, cracking, and other damage. Summer highs can also cause vulnerable items to warp, melt, or discolor. When searching for a storage unit in Salt Lake City, look for those with temperature and humidity control to ensure your items are shielded from environmental damage.
Do I need a 24-hour storage unit in Salt Lake City, UT?
If you require flexible access to your belongings, a 24-hour storage unit offers the convenience of around-the-clock availability. While many standard facilities are inaccessible outside of office hours, you can visit a 24-hour unit anytime. These units are ideal for those who wish to visit late at night, on weekends, or on holidays. Many of these facilities also have enhanced security measures to accommodate renters who visit at all hours.
Does home insurance cover storage units?
Most home insurance policies cover off-site items at a capped rate. For example, if your standard policy covers up to $50,000 of damaged belongings in your home, it will cover up to $5,000 of items in your storage unit. This should offer sufficient coverage if your unit has relatively low-value items. Purchasing additional storage unit insurance is advised to protect your high-value belongings.
Are storage units safe?
While most storage units have standard security amenities, such as gates, locks, and access control, they are still subject to theft and burglary. With Salt Lake City’s high property crime rate of 95.4, finding a unit with advanced safety features is essential. When searching for a unit, look for those with amenities, including security guards, video surveillance, and alarm systems. You can also keep your items safe by upgrading your lock, choosing an indoor unit, and purchasing insurance.
