How much does IT cost to rent space in a data center? The price of a ¼ rack of space in most data centers can range from $300 to $500 a month, with space in more centrally located data centers typically costing substantially more.
Can you rent space at a data center? Data center leases and collocation agreements are unique. They tend to be long, 10 years or more, often with many renewal options, as it is an expensive proposition to move into and out of a data center. Rent may be based on the square footage leased or on the amount of power allocated to the space.
Who leases data centers? Microsoft, ByteDance, Facebook Leased More US Data Center Space Than Anyone in 2020. Companies leased three times more multi-tenant data center capacity last year than in 2019.
What is a leased data center? Leasing data center space is a convenient way for corporate users to maintain and secure their servers without the capital costs and hassles of operating their own data center environment. Data center space is generally monitored 24 hours a day, seven days a week, including all electrical and mechanical systems.