The Cost of Self Storage in Richmond, VA
Storage costs vary based on location, with national averages very close to the expected costs in Richmond. Housing prices in the area are substantially below the state average, which may explain why the cost of storage is also lower. In general, you can expect to pay about $10 less per month compared to the rest of the state for a storage unit, with 10×15-foot units at the very low end at just $96.72 versus $133, on average. Another factor that may help keep storage costs low in Richmond is the population density and availability of storage units. Richmond has a population of 220,982 according to Best Places and at least 20 storage unit locations scattered throughout the city.
Average price of storage units by size in Richmond, VA
| Size of Storage Unit | City Average | State Average | National Average |
| 5×5 | $39 | $44 | $41 |
| 5×10 | $59 | $65 | $59 |
| 10×10 | $94 | $105 | $95 |
| 10×15 | $97 | $133 | $113 |
| 10×20 | $148 | $149 | $133 |
What to Consider when Looking for Storage in Richmond, VA
In Richmond, property crime is an issue, with the city hitting a 55.9 on the Best Places scale compared to a national average of just 35.4. The increased crime rate means you may want a storage unit with solid security to keep belongings safe and secure. Climate control is another potential issue. While the winter months tend to be moderate and the city averages just 11 inches of snowfall per year, summer months can be hot and humid. Even if your stored items are not sensitive to changes in humidity or temperature, an air conditioned storage space is much more comfortable to work in during the summer.
Helpful Tips for Moving to Richmond, VA
When moving to Richmond, you may want to shop carefully for housing. While housing is inexpensive in the city, other costs average slightly higher. Commute times average just over 20 minutes, making Richmond an easy city to get around in. The GRTC transit system serves the entire metropolitan area. If you live on a major transit route, you may not need a car to get around—though most residents do. The weather is a big plus with only a few snow days per year and an average of 210 sunny days to enjoy the eclectic mix of historic and modern architecture in the city.
Frequently Asked Questions
How much is self-storage in Richmond, VA?
The average cost of self-storage in Richmond ranges from $39 for a 5’x5’ unit to $148 for a 10’x20’ unit. The city’s storage costs are below the state average, likely due to the low housing prices in the area. The median home cost in Richmond is $327,100, 3.25% below the national average. Renters can expect to pay between $1 and $37 less for a storage unit in Richmond compared to other cities in Virginia.
How to get cheap storage units in Richmond, VA?
The best way to reduce self-storage costs in Richmond is to compare prices from local facilities. Many businesses offer promotions and discounts that can dramatically lessen your monthly fees. You can also ask about referral programs and long-term rental discounts. Other ways to make your storage unit more cost-effective are to opt for the smallest unit suitable, minimize the amenities, and pay all at once.
Do I need a 24-hour storage unit in Richmond, VA?
If you’d like the flexibility of visiting your storage unit outside of office hours, 24-hour self-storage offers the convenience of around-the-clock access. Unlike standard units with set schedules, you can access 24-hour units anytime. When searching for a 24-hour unit, look for a facility in a safe location that offers enhanced security measures, as you may be visiting at obscure hours.
What size storage unit do I need?
The best way to determine the size of the self-storage unit you require is to create a list of all the items you plan to store. Calculate the size of these items and the square footage needed to pack them with enough room to walk around comfortably. Most facilities offer units that can fit anywhere from the contents of a large closet to a five-bedroom house.
Are storage units safe?
Most storage facilities implement security measures, such as locks, gates, and access control, to ensure the safety of your belongings. However, these features are sometimes insufficient to protect against theft and burglary. When searching for a storage unit, look for those with enhanced amenities, such as video surveillance, guards, and alarm systems to keep your items safe. You can also protect your unit by placing valuables at the back, upgrading your lock, and purchasing insurance.
