How Much Does Storage Unit Rental Cost in Memphis, TN?
Memphis pricing is 18% below the national average. Updated for 2026.
Based on local labor rates, humid-subtropical climate conditions, and Memphis's logistics-healthcare-music economy.See our methodology
Storage Unit Rental Pricing in Memphis, TN
Memphis is one of the more affordable markets for storage unit rental, with costs running about 18% below the national average. The city's logistics-healthcare-music economy and balanced labor market create favorable conditions for competitive pricing. Getting multiple quotes from the 630K-population metro area is straightforward.
Local climate plays a direct role in storage unit rental costs here. Hot humid summers increase HVAC and pest control needs; Mississippi River proximity means flood risk for some areas.
Market-specific factors matter in Memphis: major logistics hub keeps material delivery costs low; moderate labor market means competitive pricing.
Memphis has moderate permitting requirements. Depending on the scope of your storage unit rental project, you may need local permits. A licensed contractor will handle the permitting process as part of the job in most cases.
Memphis vs National Average
What Affects Storage Unit Rental Cost in Memphis?
Size
5x5: $30-$75/mo. 5x10: $50-$125/mo. 10x10: $75-$200/mo. 10x20: $125-$300/mo. 10x30: $175-$400/mo
Climate Control
Adds 25-50% to the base price
Memphis Market Conditions
major logistics hub keeps material delivery costs low; moderate labor market means competitive pricing
Local Climate Impact
hot humid summers increase HVAC and pest control needs; Mississippi River proximity means flood risk for some areas
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Tips to Save on Storage Unit Rental in Memphis
- 1.Look for first-month-free promotions
- 2.Choose a facility slightly outside the city for lower rates
- 3.Don't rent more space than you need
- 4.Avoid climate control if you're storing furniture and boxes short-term
📈 Storage Unit Rental in Memphis Cost Trends (2020–2024)
Prices have increased +18.4% over the last 5 years
| Year | National Avg | YoY Change |
|---|---|---|
| 2020 | $87 | — |
| 2021 | $91 | +4.6% |
| 2022 | $97 | +6.6% |
| 2023 | $100 | +3.1% |
| 2024 | $103 | +3.0% |
Based on national averages adjusted for annual inflation. Actual costs vary by location and project scope.
💬 What Did You Pay?
Real costs reported by homeowners for Storage Unit Rental in Memphis
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Frequently Asked Questions
Do I need climate-controlled storage?
Yes for electronics, wood furniture, clothing, documents, and artwork. Not necessary for metal items, most tools, or short-term storage.
Why does storage unit rental cost different in Memphis than other cities?
Memphis's costs reflect local labor rates driven by the logistics-healthcare-music economy, humid-subtropical climate conditions that affect materials and scheduling, and moderate permitting requirements. The balanced labor market also influences competitive pricing.
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