5 Reasons Self-Storage Is On the Rise

If you pay attention to new building developments, you might notice that many new self-storage units are popping up, even in rural areas. Developers wouldn’t be building these new developments if there wasn’t a demand for them. So, why are self-storage units on the rise?

A few decades ago, self-storage units were mostly used for pack rats and hoarders. Renters would acquire too much stuff to keep in their living space but couldn’t bear to part with their possessions. Or, renters would use storage units to hold possessions from an inheritance until they could sort through everything.

Now, it’s very common to have a self-storage unit! It’s estimated that 11.1% of the population, for 14.6 million households, currently rents a self-storage unit. Here are some reasons that self-storage units are no longer taboo:

1. Additional Space

Americans have more possessions than ever before, but most of us can’t afford to house all these possessions comfortably. This means that basements and garages are stuffed to the gills–and thereby, inaccessible without a lot of sweat and frustration! Having a self-storage unit lets renters offload some of their less-used items so they can have a more comfortable living space.

This is especially true when someone lives in an apartment or condo, or a small house with little storage space. They don’t have to part with their valuable possessions–they can just store them off-site!

2. Downsizing Boomers

As the Boomer generation continues to age, many of them are downsizing from their family-sized houses to smaller living spaces. But they don’t need to part with a lifetime of possessions and memories! A self-storage unit lets them keep the items they treasure.

3. Small Businesses and At-Home Workers

Since the COVID-19 pandemic, there have been more at-home workers and small business owners than ever before. At-home jobs can come with additional equipment that isn’t easily stored in a basement or garage, but storing this equipment in a self-storage unit is the perfect solution!

There are countless new small businesses as Americans work to make ends meet. Whether it’s storing inventory, tools, equipment, or other supplies, a self-storage unit lets small business owners operate their business without sacrificing their living space.

4. Lifestyle Changes

Lifestyle changes can be a challenge to handle. Whether it is a divorce, estate inheritance, or an overseas job opportunity, many renters use self-storage as a temporary lodging for their possessions unit their life settles down.

5. Security

Quality self-storage units have more security and protection than most homes! If you are looking to offload valuable antiques that you never use, a self-storage unit is your best option.

Self-storage units are becoming more popular by the day because there’s a true need for them. Gone are the days when self-storage units were for the especially wealthy or the packrats. Self-storage units are affordable, accessible, and convenient solutions for all your storage needs!

Ready to get started with Peavler Moving & Storage? Contact us today!