Why use Self Storage in Indianapolis, IN, as a Resident or Business?

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Indy is a major economic center, where trade, transportation, education and manufacturing flourish. It has something for people from all walks of life, including auto racing, diverse leisure, a great environment for amateur sports, government employment options, well-regarded healthcare services and much more. While it is most well-known for Indy 500, it is also home to a wealth of interesting museums, impressive historical monuments, university campuses, major league sports clubs and three Fortune 500 companies.

Among the many amenities that Indianapolis provides its residents with, there is one that makes life significantly easier, whether you’re a renter, homeowner, student or business owner, and that is self storage. Moreover, if you’re moving, downsizing or renovating, you’ll find that a safe storage space is an important asset. Let us tell you how to make the most of self storage in Indianapolis.

Using self storage as a renter in Indianapolis

In a nutshell, Indianapolis apartments are not on the large side, as the city barely makes the top 50 when it comes to average apartment sizes in the largest U.S. cities. There is an even split of renters and owners in Indianapolis, and around half of the residents prefer to compromise on living space in order to live closer to the downtown area.

Consequently, if you find yourself living in a smaller place and you’re in need of extra room to declutter your apartment and keep your items safe and organized, you can opt for self storage, as it’s an affordable investment. The average 10’x10’ unit will only set you back $128 per month and will help you make sure that all your belongings are safe, while your apartment will feel roomier and more organized.

Downtown-Indianapolis-buildings

Should I still rent self storage in Indianapolis if I’m a homeowner?

Indy’s suburbs have been gaining serious momentum recently, as 55% of the metro area’s residents prefer living a bit further from downtown, in order to enjoy a quiet lifestyle and more living space. Carmel, Fishers, Noblesville and Greenwood are great places to live and are part of the larger Indianapolis-Carmel-Anderson metro area. These tend to be owner-dominated markets (around 80% are owners) and while homes in Greenwood and Noblesville cost $300K on average, a home in Carmel or Fishers will get you closer to $400K.

Despite having a larger home that you can enjoy, it’s important to keep in mind that you can still benefit greatly from renting self storage. Whether you’re looking to store a vehicle, your sports equipment, winter gear, furniture or your precious collectibles, there is significant potential to declutter your home and free up even more living space. By storing your skis, golf clubs, bikes or collection of books in a storage space, you’ll be able to revamp your garage space, renovate your basement and create a home office, a gym or that long-sought-after game-room.

Indianapolis-Skyline

Using self storage for business purposes in Indianapolis

There is a wide range of businesses that could benefit from renting a storage unit in Indianapolis. As Indiana’s capital city, the government sector is an important employer and storage spaces are a great solution for keeping documents, paperwork and blueprints safe and out of the way. Indiana is also one of the leading manufacturers of pharmaceuticals in the U.S. and major companies can use storage units to keep everything from medical equipment to specific supplies and stock. Moreover, the well-performing manufacturing industry and especially smaller companies need space for storing materials.

Seeing that over 75% of the country’s population is within one day’s drive from Indiana, transportation is an important engine powering the economy of the state and its capital city. The various transportation companies could greatly benefit from keeping their stock in storage units in the city, before shipping it out. Finally, pre-pandemic figures showed that Indianapolis welcomed almost 30 million visitors annually and that is why the city’s hospitality industry can also keep stuff like rental bicycles, hotel spares, promotional materials and any other tourism-related equipment in a storage space.

Self storage benefits for students and outdoor enthusiasts

The educational landscape of Indianapolis is geared around Indiana University – Purdue University, enrolling around 30K students across over 400 programs. Other important universities in Indianapolis include Butler University, Marian University, Martin University and the University of Indianapolis. Indiana Wesleyan University also operates a satellite campus in the city. Additionally, the statewide community college system also enrolls over 20K full-time students.

Turning to self storage could represent a major advantage for these students, as they can put all their belongings there, rather than take them home at the end of the school year. If you’re a student, you’ll find it’s remarkably easier, and it will save you the trouble of packing up and moving all your stuff.

At the same time, locals can enjoy the benefits of self storage, as Indianapolis provides them with a wide array of outdoor leisure activities that require certain equipment. Most popular pastimes in and around the city include speed-karting and racing, taking art classes, outdoor and indoor climbing, hiking & biking, etc. Finally, with major league teams in the NBA (Pacers) and NFL (Colts), Indianapolis figures as a major sports city, with plenty of facilities and sports enthusiasts.

State-Park-Spencer-Indiana

Small local sports teams, as well as sports fans, amateur & professional artists and outdoorsy people can rely on self storage in order to keep their gear safe and that includes everything from golf clubs, bikes and hockey equipment to rock-climbing gear, snowboards and painting materials.

Prices and types of storage units in Indianapolis

There are almost 120 different storage facilities in Indianapolis, offering a variety of prices, sizes and amenities to suit your specific needs. A small 5’x5’ or the more common 5’x10’ unit should be enough for you if you’re looking to store a few moving boxes, some sports gear and generally smaller items. Prices for a 5’x10’ unit start from $40 and can go up to $150, approximately.

The standard 10’x10’ unit is the perfect choice for you if you’re moving or storing larger items, as such a space can hold the items of 2 average-sized bedrooms, more or less. This will set you back a mere $90 per month, on average, making it an incredibly affordable investment. If you need to store larger pieces of furniture, vehicles and full-sized appliances, you should opt for larger 10’x15’ or 10’x20’ units. Prices for these start at $45 and go up to $430.

At the same time, you should also think about necessary amenities you might want. Many storage facilities provide customers with increased security measures, such as electric gates and security cameras, and this may be relevant for you if you’re storing important personal belongings. Likewise, if what you’re storing is sensitive to humidity and temperature fluctuations, it is a good idea to think about investing in a climate-controlled unit that is sure to keep your stuff in top condition. Eliminating any potential damage brought about by long-term improper storage can offer you a soothing peace of mind.

Finally, the last piece of good news is that you can rent self storage in Indianapolis on a monthly basis, and you don’t need to commit or pay for a longer time span. This way, you’ll see if it’s a good fit for you, possibly switch unit sizes or opt for more amenities, and ultimately take a more informed decision.

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Matei Idu

Matei is a creative writer for StorageCafe and has an academic background in urban development, governance and linguistics. Making use of these disparate sources of expertise, Matei has now turned towards the real estate industry, after covering the latest trends and projects in urban planning, regeneration and green city initiatives all over Europe.

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