The average cost of renting a one-bedroom apartment in New York City is about $3,500, according to multiple sources. And the cost of living in other big cities isn’t far behind.
So, if you live in a place like the Big Apple and find yourself short on storage, you’ve got a bit of thinking to do before you take the plunge and upgrade to a larger home.
That’s because there is another option—rent a self storage facility, where you can stash your off-season clothing, as well as other items you don’t need to access on a regular basis.
Here are five reasons why self storage might be a good idea for you.
1. You Like Your Neighborhood
We all know the number one rule of real estate: Location, location, location. Chances are, you could move to a less expensive neighborhood in order to get more square footage for your money, but what would you be missing?
If the answer is nothing, then moving might be a smart choice. But if you feel that you’d be missing your favorite restaurants, neighborhood park, or easy access to public transportation, then self storage could be the very solution you need.
2. You’re Saving to Buy a Home
Sure, you could up the amount you’re spending on rent to get the place of your dreams, but you’ve got bigger plans than that—you want to own your own place.
If that’s you, then it makes sense to live with a smaller space for now, and use self storage as the interim solution you need to make things work—until you have enough money to buy a place to call your own.
3. You Don’t Want Your Space to Be Cluttered
Living in an apartment that’s less than 1,000 square feet isn’t the easiest thing in the world. Sometimes, it seems like stuff is just everywhere. You don’t have closet space, so boxes sit in your living room and your kitchen cabinets end up holding a lot more than dishes (hello, shoe collection!).
The thing is, there’s an easy solution for that—stash the items you don’t use on a regular basis in a self storage unit. You’ll spend a whole lot less money than you would on a larger apartment, but you’ll also be keeping your apartment nice and tidy.
4. You’ve Got a Vehicle You Need Space For
Let’s say you’re lucky enough to have a convertible, jet ski, or motorcycle. Even if you rented a bigger apartment, it likely wouldn’t come with a garage. But renting a self storage unit can give you the space you need to store the ride you always dreamed of having.
5. You’re Not Ready to Give up on Your Dream
There’s a quick fix if you find that you can’t afford a spacious apartment in the big city. All you have to do is move out of the city.
But there’s a reason you moved to New York, Chicago, Miami, or San Francisco. You like the pace, the energy, and the opportunity.
Rather than abandon that dream, you can solve your space crunch simply by renting a self storage unit. You may decide to leave the city someday, but you’ll be doing it on your terms.