How to Make Money Renting Out Your Extra Storage Space with StoreNextDoor
Do you have extra space in your home that’s sitting empty? Whether it’s a garage, basement, spare room, or backyard shed, that unused space could be making you hundreds of dollars per month.
With the rising costs of self-storage units, many people are searching for affordable, local storage solutions. That’s where StoreNextDoor comes in.
By listing your extra storage space on StoreNextDoor, you can earn passive income while helping someone in your community find secure and affordable storage nearby. In this guide, we’ll walk you through how to:
- Identify rentable storage spaces in your home.
- Set up your listing to attract renters quickly.
- Maximise your earnings with smart pricing strategies.
Why renting out your extra space is a smart move.
- Make easy, passive income.
Unlike short-term rentals, where you have to deal with guests, cleaning and maintenance, storage rental is completely hands-off. Once a renter moves their items in, you simply collect payments whilst they use the space.
- High demand for affordable storage.
With traditional storage units prices rising, many people are looking for cheaper, local alternatives. Homeowners, renters, small business owners, and students all need storage for furniture, boxes, tools, boats, cars, and more.
- No up-front investment required.
Unlike other side hustles, renting out storage space requires zero upfront costs. If you already have an empty garage, spare room, or backyard shed, you can start earning immediately by listing it on StoreNextDoor.
What types of space can you rent out?
Almost any clean, secure, and accessible space can be turned into a profitable storage rental. Here are some of the best options:
- Garages: Homeowners often have half-empty garages that could be rented out to people needing vehicle storage, sports equipment storage, or workshop space.
- Spare rooms: If you have an unused bedroom or basement, you can rent it out for seasonal storage, clothing, or business inventory.
- Backyard sheds: Outdoor sheds are perfect for garden tools, bicycles, camping gear, or furniture storage.
- Attics or loft spaces: Attics are ideal for long-term storage of personal belongings, holiday decorations, or keepsakes.
How to get started with StoreNextDoor.
Step 1: Sign up and list your space. Creating a listing on StoreNextDoor is quick and free. Here’s how:
- Take clear photos of your space, showing size and security features.
- Write a compelling description highlighting access, security, and any extras (e.g., climate control).
- Set your price based on similar storage options in your area. Pro Tip: Spaces that are clean, well-lit, and easily accessible tend to rent faster.
Step 2: Set your price Pricing your storage space competitively is key to attracting renters. Here are some pricing factors to consider:
- Size & Accessibility – Garages and ground-floor rooms typically rent for more than attics or basements.
- Location – Storage in urban areas tends to be in higher demand.
- Security Features – Spaces with locks, surveillance cameras, or gated access can justify higher rates. Pro Tip: Check out other storage listings on StoreNextDoor to get a sense of the going rates in your area.
Step 3: Get verified and start earning Once your listing is live, potential renters can easily find your listing through StoreNextDoor.
Tips for success on StoreNextDoor
- Keep Your Space Secure Install a lock or use smart security features to give renters peace of mind.
- Respond Quickly to Inquiries Fast responses increase your chances of booking your space quickly.
- Offer Flexible Terms Shorter-term storage renters may pay a premium, while long-term renters provide consistent income.
Why StoreNextDoor is better than traditional storage units.
If you're considering renting storage space, you might be wondering how StoreNextDoor compares to traditional self-storage units. Here are some reasons why renting peer-to-peer storage is a better option:
StoreNextDoor features:
- Affordable
- Nearby and local
- Flexible contracts
- Convenient access
Traditional storage features:
- Expensive and high fees
- Often far from home
- Long-term contracts
- Limited access hours
By choosing peer-to-peer storage, both hosts and renters benefit from a more flexible, community-driven approach to storage solutions.
Final Thought: If you have empty space in your home, renting it out on StoreNextDoor is one of the easiest ways to make passive income.
- List your space for free in just minutes.
- Connect with local renters who need affordable storage.
- Start earning money from space you already own.
Ready to get started?