Storage units of the smallest size are often popular with hobbyists, people who perhaps want to store fishing gear or sports equipment that is only used in certain seasons. Some people are tempted to store valuable items such as jewelry and prized collections in these small spaces, but this may not suitable and other solutions should be found.
The storage units offering the least floor space are often 5′ x 5′ in size, roughly the dimensions of a small closet. In fact, such spaces can be used as a closet, for hanging clothes that have seasonal usage. If it has an 8′ ceiling it will have about 200 cubic feet of space.
These units are big enough for some boxes and files, or perhaps a few chairs and lamps or some sports equipment. Gardening tools could also be kept here. With a height of 8′, a small bed can actually fit in here too, stood upright.
The monthly cost of renting such a unit could range approximately from $30 to $85, and from $50 to $94 for one with climate-control. However, prices may vary greatly depending on location and local market conditions. For s 5x5 unit, the average monthly street rate, averaged across the nation, would be around $50, according to Yardi Matrix data.