The Cost of Self Storage in New Orleans, LA
The cost of renting a New Orleans, LA, storage unit is influenced by several key factors, including the cost of living, real estate prices, and demand for storage. New Orleans has a cost of living that is slightly higher than the national average, which can translate into higher storage rental prices, particularly in areas with more expensive real estate. The city’s unique geography and growing population also affect real estate values, with higher property prices leading to increased storage unit rates in specific neighborhoods, especially those closer to the city center or in historic districts.
New Orleans is home to major colleges and universities including Tulane University and Loyola University New Orleans, contributing to the demand for storage units. This demand is often highest during the summer when students are moving in and out of dorms and apartments. While New Orleans has numerous storage options, areas with fewer facilities may see higher rates due to limited availability, while more competitive areas might offer lower prices.
Average price of storage units by size in New Orleans, LA
Size of Storage Unit | City Average | State Average | National Average |
5×5 | $61 | $35 | $41 |
5×10 | $96 | $53 | $59 |
10×10 | $152 | $76 | $95 |
10×15 | $344 | $92 | $114 |
10×20 | $100 | $132 | $133 |
What to Consider When Looking for Storage in New Orleans, LA
When selecting New Orleans self storage, you’ll want to consider factors beyond just the size of the unit. New Orleans has a higher-than-average property crime rate, standing at 56.8 compared to the national average of 35.4. Because of this, security should be a top priority when choosing a facility. Look for facilities that offer strong security measures, including gated access with a code that is unique for your unit, and on-site management.
Another crucial consideration in New Orleans is the climate. The city experiences a hot, humid, subtropical climate, with frequent storms and high humidity levels, which can easily damage sensitive items such as wooden furniture, artwork, and documents. A climate-controlled storage unit is advisable to maintain a stable temperature and humidity level, protecting your belongings from warping and mildew. This added protection is particularly important for long-term storage or for items that are especially vulnerable to the region’s extreme weather conditions.
Helpful Tips for Moving to New Orleans, LA
New Orleans needs no introduction: it is a city full of rich history, vibrant culture, and iconic attractions. Known as the birthplace of jazz, the city offers a thriving music scene and is famous for its Mardi Gras celebrations. Visitors and residents alike can enjoy the French Quarter, with landmarks like Jackson Square and St. Louis Cathedral, as well as the lively nightlife of Bourbon Street. The Garden District is another must-see, featuring stunning antebellum mansions and lush gardens. Food is also a big part of New Orleans culture, with signature dishes like gumbo, po’boys, and beignets available throughout the city.
For those looking for affordable housing options, neighborhoods like Algiers, Mid-City, and Gentilly offer relatively lower costs of living compared to the French Quarter and the Garden District. These areas provide a balance of affordability and proximity to downtown. New Orleans has an extensive public transit system operated by the Regional Transit Authority (RTA), which includes buses and streetcars. However, traffic congestion can be an issue, especially during events and peak tourist seasons, so understanding local commuting trends is essential for navigating daily life effectively.
Frequently Asked Questions
How much is self storage in New Orleans, LA?
The cost of New Orleans, LA storage units varies depending on the unit’s location, size and other factors. For a small 5’x5′ unit, you may pay as little as $10 a month, but the average is $61, well over the national average of $41 for that size unit. The trend reverses for larger units, however. A 10’x20′ unit is available in New Orleans for an average cost of $100, below the national average of $133.
How to get cheap storage units in New Orleans, LA?
To find cheap storage units in New Orleans, compare prices online across multiple facilities and look for promotions, such as discounts for new renters, students, or military personnel. Opting for a smaller unit or one located farther from the city center can also reduce costs. You may also save money by booking during off-peak times when rates are likely to be less competitive.
Is climate-controlled self-storage necessary in New Orleans, LA?
Yes, climate-controlled self-storage is highly recommended in New Orleans due to its hot, humid climate and frequent storms. High humidity can lead to mold, mildew, and warping, especially for sensitive items. A climate-controlled unit helps maintain stable temperature and humidity levels, protecting your belongings from damage caused by extreme weather conditions.
Does home insurance cover storage units?
Yes, most home insurance policies provide coverage for items stored in storage units, but you may be covered only for a percentage of your personal property coverage—typically around 10 percent. So if your home insurance covers $50,000 in personal property, your storage unit coverage limit could be $5,000. Note that standard home insurance policies often have no coverage for disasters such as flooding or earthquake damage unless additional riders are purchased.
Can you sleep in a storage unit?
No, you cannot sleep in a storage unit. Storage units are not designed for habitation and lack essential living conditions such as ventilation, running water, and proper sanitation. It is illegal in most places to live or sleep in a storage unit, and doing so can result in eviction, fines, or other legal consequences.