Foley, AL Self Storage: FAQ
How many self-storage locations are there in Foley? Should I have trouble finding a facility?
The more facilities there are in the area you're searching, the more options you'll have. When it comes to the number of facilities operating in Foley, how many options are available?
According to the data on our facility network, there are 16 storage businesses operating in Foley, AL. Foley's 16 facilities make it one of the larger cities for storage in Alabama: the state average is 13 facilities per city, 3 less than what's available in Foley. Out of all 26 cities in Alabama listed on the SelfStorage.com network, Foley ranks as the 8th-highest in terms of number of storage businesses, accounting for 4.64% of facilities. How does Foley fare against cities outside of Alabama? On a national scale, it still has more facilities than the average city, 7 more than the average 9, to be more precise.
But making comparisons between any cities, whether it be comparing Foley to its neighbors in Alabama or on a national scale, isn't a very fruitful excercise when we ignore a city's population. We ought to be comparing Foley, with its population of 14,197, to cities of similar size. Foley offers tons of storage space for a city its size: other cities with populations 10,000 to 25,000 average only 6 storage facilities, while Foley offers 10 more than that. Foley's above average number of facilities seems to be substantiated when we look at the actual per capita number of facilities. The 14,197 residents of Foley should be able to find the extra storage space they need with ease, as the city's 16 facilities rank it in the 91st percentile for facilities per person in cities across the US, meaning that there's plenty of extra space in Foley to go around. How does Foley compare to its neighbors in Alabama? It seems that even compared to other cities in Alabama, Foley still has a large amount of storage space on offer for its population, as it sits in the 88th percentile for facilities per capita.
Finally, according to US Census data, Foley's population grew by 62.6% between the 2000 and 2010 censuses, a surprising 55.1% more growth than the 7.5% that Alabama grew as a whole. But even after all that population growth, Foley still offers more facilities per person than many other cities. All that extra space may help even out the demand created by its new residents.
What kind of monthly rental rates do storage facilities in Foley typically charge?
Scoring a great deal on a storage unit in Foley has everything to do with knowing what kind of price range to expect. Storage prices can shift significantly from city-to-city, so knowing what's standard for an area can be difficult. But there's no need to worry: we here at SelfStorage.com have all the data to help you go into your storage search well-informed.
In Foley the average monthly rental rate for a storage unit is $45. If you're thinking of renting a unit for the long term, that's approximately $540 per year. Now, it should be noted that that average rate is for all sizes of units in Foley, and so should not necessarily be used as a definitive yardstick. You can, after all, end up paying twice as much for the larger unit sizes than the smaller sizes. Storage units in Foley come in these standard sizes: 5x10, 10x10, 10x15, and 10x20. Below you'll find the average price by each size:
|Storage Unit Size||Average Price in Foley, AL|
Is self storage in Foley pricey?
Sometimes storage prices in the next town or suburb over are significantly cheaper than those in your immediate area. By expanding your search into areas you might not have thought to look, you might be able to happen upon some excellent deals. This might make it more difficult to access your unit, but the extra money in your pocket every month may just be worth it. We've had our analysts go over the data on self-storage (sometimes known as public self storage or mini storage) in Foley to see how it compares with other cities in its state.
An average price of $45 a month for a storage unit makes Foley the 19th most expensive city in Alabama for self-storage, while Alabama itself is the 42nd most expensive state. To give you a better idea of what this means, Foley's average price is $11.96 less than the state average of $56.96.
But average prices don't necessarily tell you how affordable storage is in a given city, as money goes further in some states than it does in others. That's why we've developed a 'relative price' scale that takes state median income into account. The median income in Alabama is $42,407.00, which means the average storage unit in Foley would require 1.27% of a median earner's monthly income. This is actually a moderately-low percentage of income to spend on a storage unit: compared to other cities in Alabama it ranks at the 29th percentile.
Foley storage prices are relatively cheap on the national scale as well. When compared with national cities they rank in the 29th percentile. Expect to pay $27.15 less than the national average of $72.15 when searching for self storage in Foley.
Do Foley, AL self storage rental rates change depending on the time of year? If so, which months are the most and least expensive?
Prices on self storage units can change dramatically from month to month over the course of the year, spiking higher or dipping lower depending on the season. Storage seasonality is in synch with the moving seasons, which are at their highest in the late spring and summer, as a huge amount of storage demand is generated by people moving into new homes. The day after Memorial Day (which those in the moving and storage industries often refer to as 'Crazy Tuesday') is typically seen as the start of the high season and is frequently the most expensive day to rent storage during that season. Those looking for storage in areas with a large population of college students might find that seasonality affects prices on smaller unit sizes in particular, as students book 5x5s and 5x10s to store their things while they go home for the summer.
The price difference between high and low seasons in Foley is minimal, which means you shouldn't have to worry about huge rate changes from one season to the next. Even so, it's often a good idea to book at the lowest price and then lock in that rate with the facility. Your chances of getting a low price on a storage unit in Foley are highest during January, when the average rental rate drops to a low $45. Your chances are lowest during October, which with an average price of $69.5 is the most expensive time to book a unit.