Outdoor Storage Shed vs. Renting a Storage Unit: The Pros and Cons
Have you been considering adding more storage to your yard or maybe renting a storage unit?
The answer depends on how long you need extra space, your budget, and how often you’ll want access to your things. It’s important to weigh all of your options carefully. So, we’ve laid everything out side by side to make it easier to make a choice.
In this post, we’ll break down the true cost, convenience, and pros and cons of sheds vs. storage units so you can best decide which one fits your needs.
Storage Shed vs. Storage Unit: Cost – Which Saves You More?
When deciding between sheds and storage units, cost is one of the biggest things people consider. The choice can come down to whether you’d rather pay up front and own your storage or spread payments out month by month. Let’s look at each option more in-depth.
Storage Units
The average price for a storage unit rental really depends on where you live and how much storage you need. However, on average, the cost runs about $70-$300 per month. Special features like climate control or first floor units are going to cost more. That adds up, and it’s not including extras like insurance and the cost of a sturdy lock. Facilities also tend to raise rates regularly. So, long-term renters often pay more than they expected when they first signed up. This is a huge pain because you already have items moved into the unit that you probably don’t want to move.
Storage Sheds
On the other hand, the cost of a storage shed depends on the size and material of the shed. For example, our large sheds start at $1,500. We have financing options available, as well. So, you can set up monthly payments if that’s easier. This means, depending on your storage unit, a shed could pay for itself in a year or two, and after that, it’s free storage that belongs to you. With quality resin sheds, like those made by Keter, there’s no need to worry about repainting, sealing or heavy upkeep. You get durable, weather-resistant storage that won’t rack up ongoing expenses the way a storage unit will.
Takeaway
Here’s the thing: if you need very short-term storage (like during a move or renovation), renting a storage unit might be a good option. However, as we mentioned, many storage facilities will give you one price up front for the first month or so, and then change it a few months later. This can mess up your budget and make it really hard if you can’t afford what they are asking for your unit. If you’re thinking long-term, buying a storage shed almost always comes out ahead. It saves you money, adds convenience and gives you permanent storage space right in your own backyard.
Convenience & Access: Which Is Easier Day-to-Day?
When you need something stored, how quickly and easily you can reach it matters more than you might think.
Storage Units
Access usually depends on the facility’s hours. Even if it’s nearby, you might have to plan a trip, wait in line or carry heavy items in and out. Some units require a gate code, and moving large items often means renting a truck or getting help. If you’re storing things temporarily, this might be fine, but for something you use all of the time, it can be inconvenient.
Storage Sheds
A shed sits right in your backyard. So, you can grab your lawn tools, decorations or sports gear anytime, day or night. There’s no travel, no scheduling around hours and no extra fees. Everything you need is immediately at hand, which makes day-to-day life smoother, especially for busy households.
Takeaway
For quick access and frequent use, nothing beats having storage on your own property. Storage units offer off-site flexibility, but a shed keeps everything convenient, ready and hassle-free.
Ownership, Customization & Versatility
Another big difference we need to talk about between sheds and storage units is control. Do you want a space that’s truly yours, or are you okay with working within someone else’s rules?
Storage Units
When you rent a storage unit, you’re essentially leasing space in someone else’s building. You can stack boxes, add shelves that aren’t permanent, and keep things tidy, but that’s about it. Most facilities have rules about what you can and can’t store. For some people, this lack of flexibility is fine, especially if the goal is just to park furniture or boxes for a few months.
Storage Sheds
Buying a storage shed, on the other hand, means the space belongs to you. You can arrange it however you want, add permanent shelving, etc. Instead of just being “rented space,” it becomes an extension of your home. And unlike storage shed rentals or monthly unit fees, your investment keeps its value. A shed can even boost your property’s appeal if you ever decide to sell.
Takeaway
While storage units can work in a pinch, nothing compares to the convenience of owning a shed. With a shed right in your backyard, your things are always within reach. So, no driving, no gate codes, no waiting for office hours. For day-to-day use, buying a storage shed is hands down the more convenient choice.
Security & Maintenance: What to Expect
No matter what you’re storing, keeping your items safe is a top priority. Both sheds and storage units can protect your belongings, but in very different ways.
Storage Units
One of the biggest advantages of renting a storage unit is the security facility it offers. Most have gated access, surveillance cameras and staff on-site, which can give you peace of mind if you’re storing valuable items. Some even offer climate-controlled units that protect furniture, electronics and documents from temperature swings or humidity. On the flip side, you’ll want to factor in the cost of insurance, which many facilities require.
Storage Sheds
With a storage shed in your backyard, you’re the one in charge of security and upkeep. That means adding a good lock, checking the structure now and then, and making small repairs if needed. The benefit is that you’re not relying on someone else’s rules or systems. You decide how to keep your belongings safe. Many sheds only require the addition of a padlock to secure your items.
Takeaway
Storage units offer built-in security and features like climate control, which makes them a decent option for high-value or sensitive items. However, if you’d rather have control and avoid ongoing rental fees, a low-maintenance shed on your property can be just as dependable for everyday storage.
Space & Size Considerations
Before you commit to a shed or a storage unit, it’s important to think about how much space you really need and how flexible you want that space to be.
Storage Units
Renting a storage unit gives you lots of options. Units come in many sizes, from a small 5’x5’ locker up to 10’x30’ spaces that can hold the contents of an entire home. If your storage needs change, it’s relatively easy to switch units, upgrade to a larger one or downsize if you’ve cleared out some items. The trade-off? Bigger units cost more in monthly rent, and you still need to transport your belongings to the facility.
Storage Sheds
Buying a storage shed means committing to the space you have at home. That’s why it’s important to measure your yard and make sure you’re complying with any local building codes or HOA rules. The plus is that your shed can be tailored to your needs. While you can’t physically expand a shed once it’s built, choosing the right size upfront means it meets your long-term needs without ongoing rental costs. With Keter sheds, sizes range widely, and their modular design allows for easy organization to maximize every square foot.
Takeaway
If you want maximum flexibility and the ability to scale up or down quickly, a storage unit may suit you best. But for a permanent, organized solution that sits right on your property, a well-planned shed offers all the space you need while keeping everything easy to get to.
Insurance & Liability: Are Your Belongings Covered?
When it comes to protecting your stuff, insurance can make a big difference, and this is one area where sheds and storage units really diverge.
Storage Units
You need to check your homeowners' insurance and see what it covers. Some policies will cover it, others might offer a small amount of coverage. However, it would be bad to assume your policy covers damage and have something happen when you don’t have any coverage. If insurance doesn’t cover your storage unit, you’ll need to buy a separate policy or purchase the facility’s insurance. It’s an extra cost on top of your monthly rent, and coverage can vary, so it’s important to read the fine print before you sign a lease.
Storage Sheds
A shed on your property is generally covered by your homeowner’s insurance under something called Other Structure Damage Coverage. Both the structure and its contents can be protected, giving you coverage without a separate policy. Of course, it’s wise to check with your insurer to make sure your shed is listed and your valuables are covered.
Takeaway
From an insurance perspective, buying a storage shed usually keeps things simple and cost-effective. Renting a storage unit often comes with extra insurance costs and hoops to jump through.
Property Value Impact: Does Storage Boost Equity?
When you’re weighing storage options, it’s easy to focus on convenience and cost, but there’s another factor worth considering: the effect on your home’s value.
Storage Units
A rented storage unit doesn’t add any value to your property. You’re paying for a temporary space off-site, and once the rental ends, there’s no lasting benefit. While it’s great for short-term needs, it doesn’t contribute to your home’s appeal or resale potential.
Storage Sheds
Buying a storage shed, on the other hand, is an investment in your property. A well-built shed can add functional storage and can even serve as a small workshop, hobby space or organized utility area. Potential homebuyers might see this as a big bonus. It depends a bit on the homebuyers' needs, though.
Takeaway
From an ownership perspective, a storage shed delivers long-term benefits that a rental unit simply can’t match. It’s not just about storing your things today. It’s about making an investment in your property and your convenience for years to come.
Pros & Cons Quick Comparison
We’ve covered a lot. So, to make things easy, here’s a side-by-side look at the main pros and cons of each option:
Storage Sheds
Pros:
- 24/7 access right on your property
- Full ownership and control
- Customizable organization
- Can boost your home’s value
- Long-term cost savings
- Can increase property value
Cons:
- Higher upfront cost (financing options are available, though)
- Requires adequate yard space
- Some maintenance needed (minimal with resin sheds)
Storage Units
Pros:
- Possible built-in security and surveillance
- Flexible sizes to match your needs
- Convenient for short-term or temporary storage
Cons:
- Ongoing monthly fees can add up, and fees can change based on your storage facility.
- Limited access hours
- No impact on property value
- Limited customization options
Takeaway:
If you want long-term convenience, ownership and a solution that grows with your home, a shed is hard to beat. Storage units work best for short-term or temporary storage where flexibility and minimal upfront costs matter most.
Bottom line: For frequent, long-term storage with full control, buying a shed is usually the smarter choice. For temporary storage or if you need climate-controlled options and built-in security, a storage unit is a solid option.
If you’re leaning toward a shed, Keter offers a range of durable, low-maintenance outdoor storage sheds that are weather-resistant, DIY friendly, have a wood look (thanks to innovative DecoCoat technology), and are built to last. Explore all of our storage shed options to find the perfect fit for your backyard.
Frequently Asked Questions
Storage Units vs Storage Sheds
Is it cheaper to build a shed or rent a storage unit?
Do sheds add value to your home?
Are sheds covered by homeowners’ insurance?
Are storage units safer than sheds?
Do storage sheds need maintenance?
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