Extra Space Storage Price Increases

Public storage offers unit sizes ranging from 5 feet by 5 feet to 10 feet by 25 feet.

Extra space storage price increases.

But consistent rental rate increases are a necessary part of a successful self storage business model. Anonymous pissedconsumer944830 feb 12 2015 944830. Statistics about the self storage industry including annual revenue construction pricing occupancy and financial performance. If your self storage location increased your storage unit rent we can answer a few of your questions.

Renters don t want to pay more managers don t want to deal with a slew of tenant complaints and owners don t want to lose customers who may already be on the fence. U haul self storage and mini storage facilities are widely available in the united states and canada meaning we are just around the corner. I have a large unit 10 x 20 i don t understand the rent increases every 6 months it s ridiculous when i first started renting it was at 230 now i m paying 298 for the same spot. Nobody likes price increases.

Data includes graphs and illustrations. They offer various storage unit sizes as well as storage for small to large vehicles and boats. Each storage facility is unique to its market offering a wide variety of storage spaces and types. Frequency amount and notifying tenants timing is critical to the success of a self storage rent increase especially in todays market.

Choose u haul as your storage place. Too much and too often could have your tenants racing to your competitors. Extra space storage is a scam. Now in new york city they charging 30 more that competition.

I ve been with public storage for almost 3 years now. Features such as climate controlled storage heated storage and 24 hour access vary by facility but all storage. If your storage rent increased by a small amount in january it was likely an across the board rent increase dictated by someone at headquarters of the big publicly traded storage facility in order to improve their bottom line. Why did my storage rent increase.

Guidelines for self storage rent increases. Extra space is by far the price increase leader in the self storage industry.