Real Estate

Garage Rentals on Craigslist: Pros and Cons of Using Them

When it comes to rentals posted on Craigslist, many of us automatically think of house and apartment rentals. Although you will find these, you will also find garage rentals. Renting a garage from a billboard on sounds good, but it has its pros and cons. What are they?

The professionals

The options you have. Do a search for garage rentals on Craigslist or browse the website and you’ll get plenty of deals. There are garages for one, two or even three cars for rent. Your rental options also vary. Some billboards advertise long-term rentals, such as winter car storage. You can also find daily rentals, which is good if you need a safe indoor place to do your own car repairs.

The garage you never had. Millions of Americans could benefit from having a garage, but simply don’t have access to one. Rentals listed on Craigslist give you the garage you never had. As stated above, you can store a car or other belongings long-term or use short-term rentals for DIY car repairs. If you don’t have a covered building on your property, renting may be your only option.

Cheap prices. Many of the people who have garages and other covered buildings listed for rent on Craigslist are homeowners. They are not in the professional rental business, which should translate to cheaper prices. If you’re looking for long-term storage, compare rental costs with those of a professional storage facility. If you’re looking to do your own auto repairs, add rental costs to auto parts costs and then shop around with a professional auto repair service. Either way, you should save money.

The cons

There are some risks. As stated above, most of the advertisers on Craigslist that have a garage rental are homeowners. They are not using it, so they think they could make money on a rental. You likely have a verbal agreement, not a formal contract like you would with an established storage business. If you can’t install your own lock, know that the garage owner can come in and access your items at any time. Although most are honest, the risk is always there.

As you can see, there are some risks to renting a garage listed on Craigslist, but there are many more benefits. Whether you need a short-term or long-term rental, find garages, storage buildings, and sheds on with ease. Download a Craigslist software to search multiple cities at once!

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