StorageUnits.com Survey Finds Half of Storage Unit Renters Pay More Than Items are Worth to Store Them

Share Article

Many storage renters acquire new home decor, toys, clothes, furniture, and food in bulk each month, and 58 percent admit they buy more or way more than they need

StorageUnits.com, a resource center to help people find storage that is close, affordable, and secure has published a survey report that examines recent trends in the self-storage industry. The study highlights how much renters spend and whether they could improve their home’s organization to eliminate the need for a storage unit. Research experts analyzed responses from 1,200 Americans who are current, long-term storage unit renters.

According to the report, 45 percent of long-term renters are spending more on fees than the items are worth, assuming they rent the unit for at least one year. Overall, 81 percent of respondents store less than $2,000 worth of items, and 45 percent have less than $750 in stored items. Thirty-two percent of renters say they have less than $500 worth of items in storage.

Survey results indicate that most long-term renters tend to store furniture, clothing, home appliances, and seasonal items. Only 16 percent of respondents say they will likely use all the storage items in the future. Forty-seven percent of renters say they intend to use 75 percent of what they are storing. The remaining third say they’ll likely use half or less of the items they’re storing in the future.

A majority of respondents buy new home decor, toys, clothes, furniture, and food in bulk each month. Fifty-eight percent of respondents admit they are buying way more or more than they need. When it comes to why, 56 percent of respondents say they excessively shop because it brings them joy, and 49 percent believe they need the items. Many say rooms in their home, particularly closets and the garage, are ‘extremely full.’ Seventy-six percent of renters say they could eliminate the need for storage rentals with improved home organization.

StorageUnits.com commissioned and administered the study via the online survey platform Pollfish. The survey was conducted on October 26, 2022, and appropriate respondents were found via Pollfish’s screening tools. All data found within this report derives from the survey. To view the complete report, please visit https://www.storageunits.com/half-of-storage-unit-renters-pay-more-than-items-are-worth-to-store-them/.

ABOUT STORAGEUNITS.COM
In addition to traditional self-storage solutions, StorageUnits.com also provides information and tools for full-service storage, car storage, boat storage as well as moving solutions. The website enables consumers to compare the best options in various cities across the United States. To access more information, visit http://www.storageunits.com.
###

Share article on social media or email:

View article via:

Pdf Print

Contact Author

StorageUnits.com
Visit website