What’s the Cheapest Steel Storage Containers in 2024?
The cheapest steel storage containers can be rented for about $115 a month, or purchase for roughly $1500, with size and features determining final cost.
It takes a lot of work to figure out how to get the best deal on a commercial storage container. Fortunately, you’ve come to the right place to find facts.
Around the world, companies might use a steel storage container to move an array of goods. However, a growing number of businesses are using these convenient modes of transportation for storage.
For example, a steel storage container is a great place to keep farm equipment. It’s also good for securing excess seasonal inventory. You can also use a steel container to store important company documents and records.
To learn more about the cost of a cheap steel storage container, keep reading.
Three Tips to Getting the Cheapest Steel Storage Containers
When looking for the most cost-effective steel storage container, it’s essential to consider factors that influence both the initial purchase price and long-term value. Here are three tips to help you find an affordable option:
- Consider Buying Used Containers: Purchasing a used steel storage container can offer significant savings compared to buying a new one. Many used containers are still in good condition and can serve your storage needs effectively. It’s important to inspect the container for structural integrity, rust, and any needed repairs before purchasing. By choosing a used container, you can often get the same utility at a fraction of the cost of a new one.
- Compare Prices from Multiple Suppliers: Prices for steel storage containers can vary widely depending on the supplier. It’s beneficial to get quotes from multiple suppliers to compare prices. Don’t forget to consider the location of the supplier, as transportation costs can add a significant amount to the overall price. Sometimes, a slightly more expensive container located closer to you might end up being cheaper than a less expensive one that requires costly shipping.
- Negotiate on Price, Especially for Bulk Purchases: If you’re purchasing multiple containers or are a repeat customer, you may have room to negotiate a lower price. Suppliers are often willing to offer discounts for bulk purchases or to maintain a long-term business relationship. Don’t hesitate to discuss pricing options, and also inquire about any current promotions or discounts that might be available.
These tips focus on getting the best value for your investment. While the cheapest option might seem attractive initially, it’s important to consider the condition and longevity of the container, as well as any additional costs like transportation and repairs, to ensure that you’re making a cost-effective choice in the long run.
Small to Mid-Sized Steel Storage Container Cost
Small stainless steel storage containers are about 10-feet long, 8 feet wide, and eight and a half feet tall. Inside, the container is a little smaller. It might measure a little over 9 feet long, almost 8-feet wide, and nearly 8-feet in height.
A 10-foot container weighs approximately 2,500 pounds. It has 71 square feet of floor space and 555 cubic feet of total storage space.
On average, it costs around $1,540 to buy a 10-foot container. With this size, you’re paying approximately $21.60 per square foot for storage.
A 20-foot container is 20-feet long, about 8-feet wide, and approximately eight and a half feet tall. Inside, a 20-foot container is about nine and a half feet long, a little over seven and a half feet wide, and a couple of inches shy of 8 feet tall.
Predictably, a 20-foot container weighs twice as much as a 10-foot container, weighing in at 5,000 pounds. A 20-foot container will give you 148 square feet of floor space and 1,161 cubic feet of storage space.
Typically, you may find a 20-foot container for sale for around $1,999. In that case, the unit will cost you approximately $12.75 per square foot to own. Discover what your container will cost.
Large Steel Storage Container Cost
Some companies that are looking for steel storage containers for sale have larger storage needs. If this is your situation, you might opt for a 40-foot shipping container. A standard 40-foot steel storage container is 40-feet long, 8-feet wide, and nine and a half feet tall.
The inside of a 40-foot container is approximately 39 and a half feet long, almost 8-feet wide, and just shy of 9-feet tall. This hefty storage container may weigh around 8,300 pounds. With a 40-foot container, you’d have access to 302 square feet of floor space and 2,366 cubic feet of storage space.
A 40-foot container may cost around $2,000. With this size unit, you’d only pay $6.62 per square foot for storage. Take note that a larger container costs less per square foot.
The next sized container is a 40-foot high cube shipping container. It’s similar to a standard 40-foot container but provides you with a bit more space.
A 40-foot high cube shipping container is 40-feet long, 8-feet wide, and nine and a half inches tall. Inside, the container measures approximately three and a half feet long, almost eight feet wide, and nearly 9-feet tall.
A 40-foot high cube container is also a bit heavier, weighing in at 8,600 pounds. However, it provides you with the same 302 feet of floor space as its standard-sized cousin. Yet, it will give you 2,871 square feet of storage space.
On average, you’ll pay around $2,200 for a 40-foot high cube container. Here, you’ll pay $7.20 per square foot for the unit.
Finally, a 45-foot high cube shipping container is approximately 45-feet long, 8-feet wide, and nine and a half feet tall. The interior of this unit measures about 44 and a half feet long, 8-feet wide, and nearly 9 feet high.
This massive unit provides 340 square feet of floor space. It also provides 3,230 cubic feet of storage space.
You might pay $2,500 for a 45-foot high cube container. On average, that works out to around $7.35 per square foot.
When Buying’s Not in the Budget
For some companies, the cost of a new container can prove prohibitive. Fortunately, you have options if this is your scenario. Instead, you can buy a used container or rent a container temporarily.
The prices of used commercial stainless steel storage containers vary. However, the cost of used steel storage containers tends to stay in a given range.
For example, you might expect to find it cheaper and pay around $1,357 for a used 20-foot container. Meanwhile, you may pay about $1,500 for a 40-foot used steel container.
Of course, the cost will rise if you add modifications. No matter how many improvements you add, the price shouldn’t go above $4,100 for a used shipping container.
Still, it’s important to avoid purchasing a container that’s too cheap. For example, you might get tempted to jump on a steel container that’s for sale for less than $1,120.
However, if you find a container at that price, it most likely has some mechanical defects. Ultimately, it might cost you more to fix the problem than it’s worth.
The Resources You Need for Your Business!
Now you know more about the cost of a cheap steel storage container. However, wouldn’t it help to have the prices of the other resources needed to keep your business running smoothly?
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