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Ing to a 2022 Consumer Affairs report, the estimated cost per unit size is about $90/month for a 5 by 5 foot unit, $160/month for a 10 by 10 foot unit, and $290/month for a 10 by 30 foot unit. Many storage companies offer introductory rates that are irresistible.
What is the cost of a storage unit in Maryland? SizeLowestAverage5x10$20$10610x10$61$18110x15$81$24510x20$70$3051 more row
What is the cost of a storage unit in Delaware, OH? SizeLowestAverage5x5$37$495x10$56$7110x10$65$12210x15$112$1641 more row
(l) Area for sleeping purposes. --Every room occupied for sleeping purposes by 1 occupant shall contain at least 64 square feet of floor area.
What is the cost of a storage unit in Delaware? SizeLowestAverage5x10$59$10710x10$75$16110x15$131$21710x20$102$2491 more row
In short: yes, owning a self storage business is profitable if done right. The annual income from owning storage units can range from $365,000 to $800,000.