The Cost of Self Storage in Chicago, IL
The cost of storage units varies widely depending on several factors, including the size of the storage unit, the region’s cost of living and the demand versus the availability for storage solutions in that particular city. Additionally, in cities with a high percentage of renters, such as college towns, the demand for short-term storage solutions tends to be greater, which may drive up the cost of renting units.
In Chicago, property values are on par with the national average and are considerably higher than in the average Illinois city. Less than half of the city’s housing units are occupied by their owners, indicating a large renting population. In addition to this, the city is home to several colleges and universities. These factors result in storage costs that are higher than state and national averages. Here, renters can expect to pay between $40 and $193 per month on average for a storage unit, depending on the size of the unit and the features it offers.
Average price of storage units by size in Chicago, IL
| Size of Storage Unit | City Average | State Average | National Average |
| 5×5 | $41 | $36 | $41 |
| 5×10 | $66 | $54 | $59 |
| 10×10 | $100 | $89 | $95 |
| 10×15 | $144 | $117 | $113 |
| 10×20 | $194 | $130 | $133 |
What to Consider when Looking for Storage in Chicago, IL
In Chicago, storage units generally vary in size between 5×5 to 10×20, and choosing the right-sized unit is important for properly storing items without overpaying. In addition to the unit’s size, other important factors to consider include whether the items are likely to harbor mold or mildew if not stored in a climate-controlled unit and the value of the items that are being stored.
Chicago is prone to extreme temperatures, with hot, humid summers and cold, dry winters. For this reason, for those who are storing wood or upholstered furniture, a storage unit with heating and air conditioning is essential for maintaining the beauty and integrity of the furniture. Additionally, the city has a relatively high property crime rate compared to the rest of the state and nation as a whole, making it important to find a storage unit with sufficient security measures in place, particularly if items of high value are being kept there.
Helpful Tips for Moving to Chicago, IL
Chicago, which is also dubbed “The Windy City,” is most widely recognized for its world-class museums, its renowned deep-dish pizza and its endless shops, galleries and flea markets. It’s made up of nearly 80 neighborhoods, including the beautiful Lakeview neighborhood, situated on Lake Michigan, and the Old Town historic district, with homes that date back to the 1870s. While the average one-way commute here is about 35 minutes, nearly 10 minutes longer than the average U.S. commute, the city has a reliable mass transit system and easy access to major roadways to give workers plenty of travel options.
Frequently Asked Questions
How to get cheap storage units in Chicago, IL?
To find a budget-friendly storage unit in Chicago, compare prices from local facilities to find the best price for your needs. Many facilities offer discounts for new members or reduced rates for long-term contracts. You can also reduce the cost of your unit by choosing the smallest size for your needs, cutting out amenities, paying all at once, and using a referral program.
What amenities are necessary for safe, secure self-storage in Chicago, IL?
Finding a storage unit with adequate safety amenities, such as video cameras, guards, and alarm systems, is essential. In addition to these amenities, you can increase the security of your unit by upgrading your lock, purchasing insurance, and opting for indoor storage. Choosing a storage facility in a safe, secure location is also important to minimize the theft risk.
How much is self-storage in Chicago, IL?
The average cost of self-storage in Chicago ranges from $41 to $194, depending on the unit size, amenities, and location. Smaller units with minimal amenities offer budget-friendly options, while larger units or those with many amenities are pricier. Many facilities offer discounts and referral programs that can reduce the unit’s total cost. Before choosing a facility, compare prices from other companies to find the best option for your needs.
Can you sleep in a storage unit?
No, you cannot sleep in a storage unit. It’s against the law in all states and can result in fines or jail time. Sleeping in a self-storage unit can also be highly hazardous to your health, putting you at risk of hypothermia, hyperthermia, and airborne toxins. The conditions of a storage unit are not meant for habitation and lack proper heating, ventilation, and sanitation. Self-storage should only be used to store your belongings.
Does my renter’s insurance cover storage units?
Most renter’s insurance policies include coverage of off-site items, such as those in storage units. However, the coverage for these items is often limited to 10% of your policy and may not cover damages such as floods, mold, or natural disasters. To ensure the safety of your items, you can purchase self-storage insurance for additional coverage of your belongings. Some of the top providers include Storage Protectors, SnapNsure, and Minico.
