I will cover both sides of the platform in this Neighbor Storage review. I will provide an in-depth analysis of the features offered by Neighbor Storage so you can make an informed decision about whether it’s the right solution for you. You’ll get an idea of how much you can make renting out your unused space as a You will learn more about the benefits of using the Neighbor app to find self-storage when you host a neighbor.
or, skip straight to the section on how to sign up for Neighbor
Most of us could use a little more space at home. Making the most of the space we already have can be accomplished by creating extra storage solutions. It can be difficult to find a home for all of your things if your apartment doesn’t have a parking space or you don’t have access to storage units. Don’t get discouraged, there are some creative solutions that can help you make the most of your space.
The platform Neighbor connects those in need of space with those who have room to spare. With Neighbor, you can securely rent out your extra space to people who are looking for a place to stay.
On average, traditional storage units cost nearly $200 per month. It is possible to keep money in your community by renting from a local homeowner instead of a faceless corporation. This can be a great way to give back to your community.
What Is Neighbor Storage?
The Neighbor platform connects renters with available storage space. It’s been dubbed the “Airbnb of Storage” and allows hosts to rent out extra space to store everything from cars to boats to business inventory. It’s an easy way for hosts to make extra money and for renters to find the perfect storage solution.
Neighbor was founded in Utah by three people. Since then, Neighbor has been on a mission to make self-storage more affordable for everyone. The platform wants to challenge self-storage industry practices by providing lower-cost storage options for the long and short term. It also offers an easy-to-use online platform to book and manage storage space, creating a convenient and cost-effective solution for customers.
Let’s get into the most exciting features of Neighbor to understand how it works. It’s easy to connect with others in your community with Neighbor, it’s a great way to find out about local events and services.
Neighbor Storage Features
The Neighborhood app has top features. The Neighborhood app is a great way to stay in touch with your community.
How Neighbor Works
You already have a good idea of how Neighbor works if you have used Airbnb. Short-term rentals that are perfect for any occasion can be found on Neighbor. The cost and requirements associated with unused space are listed by hosts on the platform. Guests can book the space for the allotted time and pay the host through the platform.
Storage spaces can be used for a lot of different things. They can be used to make your home more organized. Maybe you have an entire garage to rent out or maybe you have more space in your driveway. You can offer your parking space to someone in need on a temporary basis, such as while they are traveling or during a move.
Here’s a look at everything you can store with Neighbor:
- Self-storage items
- Business Inventory
Neighbor connects the two parties when a renter finds a storage space that suits them. A secure online platform is provided by Neighbor to allow the renter to pay for the storage space and sign the rental agreement. The rental period, how the renter will access their stuff, and any other details can be determined from there. It is possible to set a price for the rental that works best for both parties.
The host collects funds through a connected bank account when Renters make monthly payments. Both parties have peace of mind because the payments are processed securely.
It is a simple and modern experience that you would expect from most other apps. The design of the app is intuitive and easy to use, making it an ideal choice for anyone looking for a simple yet effective way to manage their tasks.
Would you like to use Neighbor? The platform can be accessed through the website or mobile app. The platform helps connect people in the same community, making it easier to find services, trade goods, and attend local events.
The app is available on both the App Store and the Play Store and has a rating of 4.5 out of 5. It has been downloaded 10 million times.
Neighbor simplifies things by handling all payments between hosts and renters. Neighbor offers support and guarantees the security of each payment.
Host can set any amount of money to charge for their storage units, but Neighbor provides pricing recommendations based on the space itself and the area. Neighbor will work with storage hosts to create a pricing strategy that maximizes their profits while still being competitive in the market.
You will need to link your profile to your bank account to accept direct deposits when you sign up as a host. Once you get going, your renters’ payments are automatically charged to their debit or credit card each month, and you’ll get your payouts once the transaction goes through. You can rest assured that your rental income will arrive on time with this payment system.
A host guarantee is offered by Neighbor. You can be sure of a positive experience when renting through Neighbor. The cost of your space can be covered by the app. Tenants and landlords will be reassured by the app that payments are secure and reliable.
With free host and renter guarantees, Neighbor has you covered. You have the best possible experience with both the host and renter.
$1 million in general liability protection is offered by Neighbor for hosts. It’s important that you take appropriate precautions to protect yourself and your belongings because this coverage doesn’t apply to any loss or damage of items stored in your space. The coverage is a secondary option to homeowners insurance. To make sure you are fully covered, it is important to understand the terms of your primary and secondary coverage. It does not protect against property damage. Homeowners insurance can provide coverage for property damage.
Neighbor’s Any qualified belongings up to $25,000 are protected by the Renter Guarantee. This is included in the renter’s insurance policy. Like the host policy, this covers both damage and theft, but it’s secondary to other insurance. It’s important that you have the right amount of coverage for your possessions.
If you don’t want to exchange phone numbers with your host or renter, you can use Neighbor messaging. While still being able to get in touch with your host or renter, this provides you with a secure and private means to communicate.
If you start a renting relationship, you can easily get in touch with your Neighbor account to stay on top of payments or anything else that either party should know about.
It is important to note that Neighbor will only help resolve issues based on communication through the platform, so this is your best bet for staying in touch. Please don’t hesitate to contact us if you have any questions about Neighbor.
Neighbor Storage Pricing & Fees
Both hosts and renters can use Neighbor. It’s an easy way to find a place to stay. It isn’t without its share of added costs. Before making a decision on whether or not to rent, it is important to considerthe additional costs. We are going to look at the fees you can expect to pay.
When it’s time to collect rent, you’ll pay a processing fee, but it’s free to list your storage space on Neighbor.
When you rent out your space, you will pay Neighbor 4.9% of the total reservation. The neighbor will transfer the payment from your guest to you.
Users are charged a service fee on top of the cost of the listing by Neighbor. The fee helps cover the cost of providing a secure and reliable platform for users to list and book vacation rentals. The fee will always be stated before you book it. It is important to read the fine print before booking a vacation rental, as there may be additional fees or charges that are not included in the initial listing.
If you decide that you need your rented-out space back, you have to give your renter at least 30 days’ notice. You may have to give your renter an alternate storage solution. If the renter has violated your terms of service, you will be charged a $60 eviction fee. Tenants need to be aware of the terms of their agreement before they sign.
You may get a portion of your funds back if you decide to go in a different direction as a renter. If you cancel your rental agreement, there may be cancellation fees associated with it. Here’s the breakdown of Neighbor’s refund policy:
- Cancellation less than 24 hours after approval: Full refund
- Cancellation more than three days before rental start date: Full refund
- Cancellation within three days of start date: 80% refund (less service fee)
- Cancellation after the start date: No refund
Signing Up & Getting Started
When you’re ready to get started, you can head to
Start earning money by converting unused space into money-making revenue streams by listing your space and setting your terms.
Neighbor Storage Promotions, Bonuses, & Coupons
If you refer someone who ends up renting out space or listing space of their own, you can get a $50 Amazon gift card.
Both hosts and renters can take advantage of the bonus. The cost of renting or hosting on the platform can be offset with this bonus. To qualify, your referral will need to either secure an approved rental totaling $100 or more or rent out their own space with the same payment threshold. You will receive a $50 reward if the referral meets either criteria.
If the space they rent is one that you personally listed, you won’t earn the bonus.
Neighbor Storage Security
I covered Neighbor’s liability coverage, which protects hosts for up to $1 million and renters for up to $25,000. It’s important to know what’s included in your coverage to make sure you’re protected.
On top of that, Neighbor ensures a secure payment platform with a PCI-compliant processor. It is top of the line in terms of protecting sensitive banking information.
Neighbor requires photo ID, email, and phone verification to make sure users don’t end up in a scam. Drugs, firearms, explosives, and hazardous materials are not allowed in Neighbor storage. These items are not allowed and may result in legal consequences.
If you want to learn more about Neighbor’s security and read some helpful tips on protecting yourself, check out the online Trust & Safety center.
Customer Service & Support
The online Help Center is where you can get help as a host or renter. You can find a lot of resources in the Help Center to answer your questions. Representatives are available via phone, email, or live chat, and you can also browse through a ton of FAQ for quick answers. If you need more assistance, our customer service team is always ready to help.
Customer service hours are Monday through Friday from 9 a.m. Our online chat feature allows us to be available 24/7. to 6 p.m. Mountain Time. You can get in touch with a customer service rep. Call us if you have questions or concerns.
Unfortunately, Neighbor has had its struggles when it comes to customer experience, and the app has a rating of just 2.7 stars (out of 5) on Trustpilot. Caveat emptor.
Neighbor Storage Review Pros & Cons
The Neighborhood app has pros and cons. You can decide if the Neighborhood app is right for you after weighing the pros and cons.
- Low-cost, local storage options
- Easy platform to rent out extra space for passive income
- In-app payment processing and messaging
- Highly rated mobile app
- Fees for both hosts and renters
- Liability limitations
- No sign-up promotions
- Doesn’t have the best customer service
Alternatives to Neighbor Storage
There aren’t any other apps like Neighbor, it’s one of a kind. It has been a revolution in how people interact and share their lives with each other. There are no other apps in the US. This shows the huge success of the app, and sets it apart from its competitors. If you like the sound of it, Neighbor is your best bet. With Neighbor, you have complete control over your data and the assurance that it is secure.
There are other solutions that you could look into. You can research online to find out what might work best for you. We will look at the most comparable options. We can compare features, prices, and user reviews to make sure we get the best deal.
The British version of Neighbor is called Stashbee. It’s easy to find storage solutions in the UK with Stashbee. You can live in the U.K. (or just have some stuff there), The same services are offered by Stashbee. At an affordable price, Stashbee is a great alternative to traditional self-storage services.
Peer-to-peer storage solutions are offered by Stashbee. Storage solutions from Stashbee are convenient and secure. You can find affordable options with verified hosts and users. The platform is secure and safe to use.
On top of individual storage, Stashbee also works with businesses, so you can use it to find warehouse and commercial storage options. A range of services tailored to businesses and individuals is offered by Stashbee.
One of the largest online storage marketplaces is CubeSmart. It has an array of self-storage solutions. It is a real estate investment company that buys self-storage facilities and rents them out to consumers. It provides customers with convenient and affordable storage solutions.
You can browse through more than 1,000 different facilities on CubeSmart’s website or mobile app. You can book a storage unit with just a few clicks. Whether you’re looking for car storage or a climate-controlled option for valuables, CubeSmart should have you covered.
There are a lot of useful moving and storage tips provided by CubeSmart, as well as deals on rental trucks. CubeSmart has a friendly customer service team that can answer all of your questions.
SquareFoot helps you find storage space. You can look through different storage companies and options in one place on the site.
You can quickly find storage spaces near where you live, compare prices, and stock up on moving supplies if you need them. The convenience of online shopping makes it easy to find the perfect space for your needs.
Self-storage, car and RV storage, and boat storage are covered by SquareFoot. SquareFoot helps customers find the right storage solution. You can book a unit online when the service is available nationwide. The service is designed to make booking painless and stress-free.
Frequently Asked Questions
There are a lot of questions about the Neighborhood app. This list of questions will help you better understand the Neighborhood app.
Is Neighbor a scam?
Neighbor is not a scam. Neighbor is a legitimate company that has helped thousands of people find storage solutions for their homes and businesses. It can connect you with affordable storage solutions for a wide variety of items. No matter what your storage needs are, this service has the perfect solution for you.
There is always a chance that people will try to use it in a predatory way. Neighbor has practices in place to fight this. Screening employees and customers is one of the practices involved in these practices.
Neighbor encourages hosts to run their own background checks on potential renters and provides other services on top of liability coverage. Any damage that may occur during the rental period is covered by Neighbor.
How safe is Neighbor Storage?
Neighbor’s online platform is very safe. It has a secure payment processor that will make sure that your transactions go through without a hitch.
In terms of the safety of your actual extra storage space experience, Neighbor seems to do what it can to keep it as safe as possible by vetting people when they sign up.
Regardless of where you store it, you are always at risk of something going wrong. To ensure that the right security measures are in place, it’s important to be aware of the risks associated with storing data. 100% security isn’t possible if you’re using someone’s garage or a traditional storage unit. It’s important to take precautions to ensure the safety of your belongings.
There are a couple of things to think about. You should not store highly valuable or sentimental items in other places other than your house. It would be wise to consider the security measures of any external storage facility you may use before making the decision to store personal items there. If something happens, liability protection can’t replace lost items.
You should consider a particular host’s rating on the platform. It’s a good idea to read through any customer reviews that are available, so you can get a better sense of how reliable the host is. It is safer to look elsewhere if someone has a less than ideal rating. It might be difficult to know why they have a bad rating.
How much can you make on the Neighbor app?
The highest earner in Neighbor makes more than $20,000 and the average host makes $2,000 a year. This is a great chance for people to make extra money.
How much you can make depends on how much space you have to offer and whether users in the area are interested in renting it. Consider researching local trends in the area to get a better understanding of what potential renters are looking for.
You can list something as small as a spare closet. Making Neighbor a great platform to buy and sell household items is due to the fact that you can list larger items. It will not earn you as much as a full garage. Should you devote time and resources to a partial garage conversion?
To maximize your earnings, make sure that the space you have to offer is clean and priced fairly. If applicable, offer discounts or loyalty programs to help attract repeat customers and earn more business. You can keep customers happy, build up your rating, and collect payouts by doing this. Establishing yourself as a reliable and trustworthy service provider will be helped by doing this.
The Bottom Line
Neighbor is a one-of-a-kind app that helps people store extra stuff and helps hosts earn extra money. It’s a great way to get to know your neighbors and reduce the amount of stuff in your home.
Renting out an overpriced storage unit was the only way to solve the problem. There are more options for those who need more space.
You can find local, secure, and cost-effective storage spaces with Neighbor. With Neighbor, you can be sure that your storage experience will be positive.
On the host side, Neighbor is a great way to make money on unused space. It is possible to make extra cash by meeting new people. You can easily turn Neighbor Storage into a side hustle if you have the space to do it. It can bring in extra money and be a great way to meet new people.
The platform is not perfect. The experience can be improved to make it better for users. The Neighbor Storage review needs to be fully transparent. The Neighbor Storage review will give customers an accurate assessment of the service. Fees for both hosts and renters drive Neighbor’s value down a bit. The value of Neighbor’s services can be improved with a more positive customer experience and lower fees for both hosts and renters.
You need to be aware of the factors that may deter you from signing up. The risks should be weighed against the benefits of signing up.
Whether you are looking to host or rent, Neighbor is an effective solution that could either save you some cash or help you earn some passive income. It is one of a lot of modern apps that are challenging traditional business practices, and it is worth your time to check it out if you are looking to make some extra cash. This app can be used to supplement your income with minimal effort.
The journey to financial freedom was never said to be easy. It takes dedication, hard work and discipline to achieve financial freedom. Neighbor can be used to rent space to your neighbors. You can increase the value of your property by creating a win-win situation.
Whatever you decide, here’s to making the smartest moves on your journey to financial independence!