How Much Does It Cost to Rent a Garage at an Apartment?
It's no fun finding the perfect apartment but getting stuck with a far-off parking spot. If it rains, you have to walk for what feels like a mile to get to your vehicle. It also makes it difficult to bring in groceries after a trip to the store.
Most apartment complexes offer some kind of nearby parking situation for their renters. The best ones go the extra mile and have garages you can rent out for extra storage space and protection for your vehicle.
But how much does it cost to rent a garage at an apartment, and how much do garages with apartments cost? Read on to find out.
Apartment Parking Options
The kind of parking offered at your apartment will depend on your building and the location.
For example, an apartment complex in a big city will have limited space for their renters. They may utilize a parking complex near the building or have a small amount of dedicated spots for each unit. In this case, you may be forced to park further away even if you can afford a spot that's already been taken.
In most other areas, your apartment complex should have a parking lot adjacent to your building. There may be plenty of parking spaces close by to your unit, or you can pay extra for a spot closer to the building.
The best form of apartment storage and parking is garage parking. As opposed to a larger parking garage, these offer more privacy. Always see if a prospective apartment offers garage parking if you need the extra space.
How Much Does It Cost to Rent a Garage at an Apartment?
You may wonder how much more expensive it is to rent a garage rather than use some of the open-air parking options. After all, using a garage is considered a major upgrade over street parking.
In general, you can expect to pay about 10% of the normal monthly rent. Of course, this will also depend on things like the size of the garage, if it has air conditioning, and the landlord's preference. Some landlords will throw in the garage access for free as part of the overall rental agreement.
If you pay $1,000 per month for your apartment before utilities, then you may need to pay upwards of $100 per month for the garage space.
Types of Garages
There is a wide range of garages you can have access to. They all have their own pros and cons that vary based on their type.
Attached garages are, as the name implies, connected to either your apartment building or home. They're built as part of the main residence and usually have doorways connecting them directly to the interior. These are the types that people usually have converted into spare bedrooms or use for storage.
Detached garages separate from the main building. These are most common if your apartment rents the use of their garages separately. You'll also see them paired with houses on larger properties. Community parking garages are the larger structures you'll often see in bigger cities. This is a great option for larger apartment complexes that need more parking spaces.
Advantages of Renting a Garage
The pros and cons of renting a garage for either your vehicle or apartment storage will depend on what you're using it for.
To begin with, a garage is the best option when storing a car. Your vehicle will have a place out of the elements, such as the sun and rain. As such, you can expect it to remain in good condition for longer without any risk of random debris hitting it.
In addition, these garages come with better privacy than streetside parking. Even if these garages have open windows, you'll at least get a lock for the door.
Finally, your rented garage can double as a storage space for your belongings. You may not need to own a car to rent the space, which can make it more affordable and accessible than other storage options.
If your garage is attached to your apartment complex, then it may have access to central cooling and heating. This means your items won't suffer from high temperatures or excessive humidity. The main downside of renting garage storage is that it's an extra cost. You may not consider it worth the fee if you already have an alternative parking spot.
Garages With Apartments Cost Factors
Some factors to consider when determining garage cost include the weather, the scarcity of space, and what kind of utilities come with the garage.
For example, apartments in nice neighborhoods have much better parking options. If the weather is generally nice all year, then there won't be a rush to cover your vehicle to protect it.
However, renting in a state or area with bad weather is different. It's almost a necessity at that point to pay for garage parking. That means your landlord can raise the price due to the higher demand.
The same idea of supply and demand also applies to complexes with limited parking spaces. If there aren't enough garages for every tenant, then the landlord can charge more for the privilege of covered parking.
You may also end up paying more if the garage comes with utilities such as running water or air conditioning.
Keep in mind that detached garages may be further away from your apartment than you may be comfortable with.
Park Your Car With Ease
So how much does it cost to rent a garage at an apartment? As it turns out, it shouldn't cost a lot.
At most, you'll spend about a tenth of your monthly rent. However, it all depends on your landlord and what options are offered.
South Pointe is a great choice for your next home in Minot, ND. Our studio, 1, 2, and 3 bedroom apartments all come with garage parking options. Contact us to learn more and to schedule a tour of our various offerings.
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