The Cost of Self Storage in Philadelphia, PA
Many factors can impact the cost of storage units, including demand, real estate costs and high numbers of part-time residents, such as students. As the largest city in the Commonwealth of Pennsylvania and the sixth largest city in the country, Philadelphia has a population density of nearly 12,000 residents per square mile. With so many people (and possessions) packed into a small area, it’s no shock that storage costs in Philly are significantly higher than state and national averages.
The already high demand for storage space in Philly may be further increased by the city’s many institutions of higher learning. With an Ivy League college to numerous public and two-year schools, Philly is home to many students who have furniture and books to store during the summer months. Like most of the country’s largest cities, commercial real estate in Philly is also in demand, so the cost of building and operating storage facilities may get passed on to renters.
Average price of storage units by size in Philadelphia, PA
Size of Storage Unit | City Average | State Average | National Average |
5×5 | $56 | $44 | $41 |
5×10 | $92 | $64 | $59 |
10×10 | $130 | $102 | $95 |
10×15 | $157 | $130 | $113 |
10×20 | $236 | $120 | $133 |
What to Consider when Looking for Storage in Philadelphia, PA
There are several key factors to think about when shopping for a storage unit. Size is the first consideration, and larger spaces, such as 10×15 or 10×20 units, will typically cost more than smaller ones. Carefully considering how much space you’ll actually need can help save you money and frustration when shopping for a storage space. As a dense, urban center, access will also be a key factor when considering a storage unit in Philadelphia. If you plan to avoid car ownership and join the nearly 300,000 daily public transit riders, it may be important to find storage that’s close to your home or dorm. This can help cut down on car rental and cab costs when accessing your storage unit.
Climate control is another factor to consider when selecting a storage unit. Philly has a fairly comfortable, Mid-Atlantic climate, with summer highs peaking in the upper 80s and winter lows in the 20s. If you’re planning to store delicate possessions like electronics, it may be worth spending a bit more for a climate-controlled unit.
Helpful Tips for Moving to Philadelphia, PA
With some of the nation’s top historical sites, a vibrant arts community, four major professional sports teams and a diverse culinary scene, Philadelphia offers a lot of upside to potential residents. The city ranks slightly higher than the national average in overall cost of living, with spikes in the cost of groceries, transportation and utilities. But unlike many of America’s large urban centers, Philly ranks lower than average in housing costs.
Median home prices, in fact, are just above $153,000, which falls significantly below the national median home cost of over $230,000. Neighborhoods like Germantown and Chestnut Hill offer historic charm to potential buyers, and Fishtown and Spruce Hill buzz with up-and-coming energy that reflects the city’s diverse roots. City life isn’t the only attraction in Philly, however, as the city offers access to the New Jersey and Delaware coasts in just a few hours. Bucks County and the Poconos also offer a breath of fresh air within a half-day drive of the city.
Frequently Asked Questions
How much is self-storage in Philadelphia, PA?
The average cost of self-storage in Philadelphia ranges from $56 for a 5’x5’ unit to $236 for a 10’x20’ unit. The prices are significantly higher than the national average, primarily due to Philadelphia’s high cost of living and dense population. As the sixth-largest city in the U.S., the high number of residents in a compact area causes an increased demand for self-storage. Renters can expect to pay between $15 and $103 more per unit compared to other cities across the country.
Is climate-controlled self-storage necessary in Philadelphia, PA?
With Philadelphia’s summer highs of up to 85 degrees and four months of significant snowfall, a climate-controlled unit is essential for delicate items like electronics, artwork, and documents. These items may crack, warp, or melt if stored without proper humidity and temperature control. A climate-controlled unit will ensure the safety of your belongings and offer peace of mind as the temperatures rise and fall.
What amenities are necessary for safe, secure self-storage in Philadelphia, PA?
Philadelphia’s property crime rate of 46.6 is significantly higher than the national average, making it essential to rent a self-storage unit with enhanced safety features. In addition to the standard locks, gates, and access control, look for a unit with amenities such as guards, video surveillance, and alarm systems. It’s also important to find a facility in a safe location that you feel comfortable visiting at all hours.
What size storage unit do I need?
The storage unit size you require depends on the amount and size of items you’re storing. Before choosing a unit, create a list of all items you plan to store and calculate the square footage required to fit them comfortably. Most facilities offer units ranging from 50 to 300 square feet. If you’re in between sizes, it’s best to round up to ensure you have enough room to move around and access your belongings.
Does home insurance cover storage units?
Most home insurance policies offer coverage for off-site items, such as those in self-storage. These items are often covered at a reduced rate and may not be protected against damage such as flooding, mold, and mildew. If you’re storing valuable items, you can purchase additional storage unit insurance from your original provider or a third party to ensure adequate protection of your belongings.