Renting a self storage unit can provide a convenient way to stash extra belongings when you’re running out of space at home or work. Storage units are most often rented by individuals. But some people consider sharing a storage unit with another person to split costs. While sharing a unit can offer some benefits, there are also downsides to evaluate.
Looking at the key pros and cons helps determine if renting a shared storage unit is the right choice for your particular situation.
Pros of Sharing a Storage Unit
Cost Savings
One of the biggest advantages of sharing a storage unit is cutting the monthly rental cost in half by splitting with another person. Storage units vary in price based on size, features, security and location. But renting solo can cost anywhere from $40 to over $200 per month. Going halves on the unit with someone else saves each person 50% on monthly fees. This can make self storage more budget-friendly and affordable.
More Space
Combining your possessions with another person’s belongings allows you to rent a larger shared unit versus only storing your own items alone. Having more room in a bigger unit provides space to stash extra furniture, boxes, equipment and other items. Two people’s storage needs combined justify a larger unit.
Convenience
If you already share a home or office space with another person, storing jointly in one storage unit location can be convenient. You can make one trip to access shared belongings. This is simpler than coordinating separate unit rentals.
Easy Coordination
For family, roommates or close friends sharing household items, coordinating access and logistics can be easier than with strangers. You can remind each other about making monthly payments and meet up to swap items in and out of the unit as needed. Familiarity simplifies coordination.
Cons of Sharing a Storage Unit
Limited Access
With two people’s stuff crammed into one unit, coordinated access becomes essential to avoid blocking each other in. You may need to schedule times to swap items rather than enjoy flexible anytime access. Moving shared items around is trickier with limited space. Lack of full access reduces convenience.
Logistical Hassles
Deciding who will handle monthly rental payments and working out access scheduling to accommodate both people’s needs can complicate the arrangement. Disagreements over these logistics can cause tensions. Clear expectations are key.
Relationship Strains
Conflicts can arise over shared unit usage, what gets stored, cleanliness, items shifting around, etc. These issues can seriously strain friendships or family relationships. Good communication is critical to avoid ongoing relationship damage.
Lack of Control
With a co-owner, you lose full control over what gets stored in the unit, where items are placed, and organizational systems. Compromise is required. But having no control over your own items stored can be frustrating.
Shared Liability
Any issues with the shared storage unit like late payments, damages, or violations default to both people. Your rental history and credit can be impacted by the other person’s actions. Shared liability is risky.
Ideal Situations for Shared Units
- Split with family or a trusted friend rather than an acquaintance or stranger
- Similar schedules and access needs for convenience
- Clearly split space within unit based on item ownership
- Share a household so unit access is easy
- Communicate well on logistics like payments and maintenance
- Choose a storage facility that allows shared rentals
Alternatives to Sharing a Unit
Rent Smaller Individual Units
Opting for one or two more compact storage units rather than one large shared unit can provide cost savings without the hassles of sharing. Just downsize items stored.
Split Between Locations
For seasonal gear, consider keeping off-season equipment at a remote inexpensive facility, then minimizing main unit size.
Rotate Stored Items
Switch out infrequently used possessions to reduce required space. This avoids a cramped shared unit.
To summarize
Looking at both the pros and cons of sharing a storage unit can help you determine if it is the right choice based on your specific storage needs and situation. Splitting with the right person could save money, but requires compromises. Evaluate carefully.
Sharing a storage unit with someone else can seem like a good idea for saving money. But it also comes with hassles like limited access, arguments, and liability risks.
At Niagara Storage, we offer personal storage units to fit your individual needs. Our secure, clean units provide you full 24/7 access and control over your belongings.
Our friendly staff will match you with the right solo unit at competitive rates. No contracts or hidden fees!
For self storage you can depend on, choose the convenience of your own unit with Niagara Storage.