Renting Storage Unit vs Buying a Shed: Which is Right for You?

When you start to run out of storage space on your property, you are likely to turn to one of two options—renting a storage unit or buying a new shed. To be sure, either of these solutions can work nicely, but one will make more sense for you than the other. The goal of this article is to help you think through this choice and consider all factors before moving forward.

Should you decide that a new shed is your best bet, Carport Kingdom is ready to help. Not only do we have reliable, durable metal sheds available, but our Build & Price Tool allows you to customize your design to best meet your needs.  

Making Storage Easy

With a shed that is located on your property, you’ll have access to all your things at a moment’s notice. All you’ll need to do is walk out to the shed, open it up, and retrieve whatever it is you are looking for. You may need to go out to the shed several times during the day on some occasions, but doing so will remain quite convenient.

Things are not so simple when you rent a storage unit. Even if the storage facility is relatively near to your home, you’ll still have to drive to the location, enter a passcode to gain access, and park near the unit. After loading up your vehicle, you’ll then need to lock up the unit and head back home to unload. The entire process of using a storage unit is much more involved than accessing the storage you have in your private shed.

Removing Limitations

When you rent a storage space, you must play by the rules put in place by the storage facility. There may be restrictions on what you can keep in the storage unit, when you can access the unit, etc. Those things won’t be a problem when you have a shed installed on your property. You’ll own the space, and you can do as you wish.

Gaining Flexibility

A shed on your property can do more than serve as a storage space. For example, you might want to use part of your new shed for the long-term storage of boxes and other items, but the other part of the shed could be dedicated to lawn equipment that moves in and out regularly. Over time, you might find that you don’t need as much storage space, so you can shift how the shed is used and turn it into a working area where you can pot plants, do maintenance on equipment, and more. None of this kind of versatility exists with a storage unit, which is yet another compelling reason to turn toward a shed in this debate.

The Cost Factor

We can’t overlook the element of cost when trying to decide which way to go for a storage solution. When you rent a storage unit, it’s just that—a rental. You will be paying for that space month after month, year after year, for as long as you choose to keep it.

The shed, on the other hand, is mostly a one-time expense. You will spend more upfront to buy a shed than you will to rent a storage unit, but those numbers will quickly start to even out as the months go by. There might be a bit of maintenance that you need to perform on your shed as the years go by, but those costs should be minimal. If you buy from Carport Kingdom, you’ll find that our metal sheds need very little maintenance, so you will have to spend minimal time or money on upkeep down the road.

To get the best value for your money, buying a shed is the obvious choice. Depending on the specifics of the shed you build and the cost of storage units in your area, it’s likely that you will have more than made up the difference in just a couple of years. For example, if you spend $2,400 on a new shed instead of renting a storage unit for $100 per month, you will break even on that decision in exactly 24 months. From that point forward, you’ll be racking up the savings instead of paying $100 each month to the storage facility.

A Simple Choice in the End

For most people, the option of adding a new shed is going to be more appealing than renting a storage unit. The only situation where a storage unit rental will be required is when the space simply doesn’t exist on your property to add a shed. You can’t make your property any bigger than it is, so turning to a storage unit is called for when there is no space left to expand your on-site storage. Otherwise, as long as you can pick out a spot for your new shed, turn to Carport Kingdom and place your order right away. You will love what you get with this solution!

Build your custom metal shed with Carport Kingdom today!