The Cost of Self Storage in Denver, CO
Storage unit costs are often affected by the availability of units in the area. In areas where there’s a large supply of storage units, renters can expect to pay lower prices. There are over 300 self-storage facilities in the Denver metro area, and the Denver Post reported that the city’s rentable storage unit space increased by 23% in 2018 alone. With so much supply, rental rates have been decreasing in the city. Depending on the size of the storage unit, Colorado renters can save anywhere from $9-$32 by opting for a unit in Denver.
Average price of storage units by size in Denver, CO
| Size of Storage Unit | City Average | State Average | National Average |
| 5×5 | $38 | $47 | $41 |
| 5×10 | $52 | $67 | $59 |
| 10×10 | $92 | $113 | $95 |
| 10×15 | $118 | $151 | $113 |
| 10×20 | $148 | $154 | $133 |
What to Consider when Looking for Storage in Denver, CO
Renters who are looking for a storage unit may want to consider Denver’s famously cold, snowy winters. Renters may prefer a storage facility that offers weather-protected loading zones, which help keep snow off valuable items. For items, such as electronics, furniture and musical instruments, that may be damaged by exposure to freezing temperatures, a climate-controlled unit may be essential.
Denver’s rate of property crime is higher than the national average. Renters who are concerned about theft should consider storage facilities with strong security measures, such as video surveillance, door alarms and electronic locks. Some facilities even use fingerprint scanners to control access to their units, which may appeal to renters who plan to store very expensive items.
Helpful Tips for Moving to Denver, CO
Nicknamed “The Mile High City,” Denver was recently named the second-best place to live in America. This relatively expensive city has a lot to offer its residents, including a thriving arts scene and more than 100 breweries. Denver residents have access to more than 5,000 acres of green space, including parks and trails. The city gets about 60 inches of snow per year, and with many ski resorts nearby, residents can take advantage of the winter conditions. Residents enjoy a commute that’s shorter than the national average, leaving them more time to enjoy everything the city has to offer.
Frequently Asked Questions
How much is self-storage in Denver, CO?
The average cost of self-storage in Denver ranges from $38 for a small, 5’x5’ unit to $148 for a large, 10’x20′ unit. Denver’s self-storage costs are lower than the state and national averages due to the ample supply of units available in the city. The city has 88 facilities and approximately 6,913 units, offering a substantial supply for residents. Renters often save between $9 and $32 by choosing a unit in Denver, compared to other Colorado cities.
Do I need a 24-hour storage unit in Denver, CO?
If you require flexible access to your belongings, a 24-hour storage unit can be highly beneficial. Unlike standard units with a set schedule, you can access 24-hour units anytime, day or night. These units often come with enhanced security, including guards, cameras, and alarm systems, that provide additional peace of mind when visiting your unit at obscure times.
What amenities are necessary for safe, secure self-storage in Denver, CO?
With Denver’s property crime rate of 50.7, renting a unit with enhanced security features is highly recommended. Amenities such as guards, alarm systems, fencing, and video cameras help to protect your belongings and provide peace of mind. Some facilities even use fingerprint scanners for those who want the highest level of security for their valuables. You may take other measures, including renting an indoor unit, upgrading your lock, and purchasing insurance.
Does my renters insurance cover storage units?
Most renters’ insurance policies include coverage for off-site items. However, they often cap the coverage of these items at 10% of your standard policy amount. For example, if your rental insurance covers $10,000 of lost property, your off-site items will only be covered up to $1,000. With Denver’s high property crime rate, many local renters purchase additional self-storage insurance to protect their valuable belongings.
Can you sleep in a storage unit?
No, you cannot sleep in a storage unit. It’s against the law in every U.S. state, and those caught can be charged with fines or jail time. In addition to being unlawful, it can seriously threaten your health and safety. Storage units are designed to hold belongings, not people, and do not have the proper ventilation, lighting, and safety features required for human habitation.
