Self Storage in Montgomery: FAQ
Is self storage in Montgomery cheap?
Some storage seekers are able to find much cheaper rates by looking in nearby communities in addition to their own. The more expansive your search, the more facilities you'll be able to compare, and the more options you'll have. While it's true that accessing the unit will be more cumbersome the farther it is away, the potential savings could make you complacent with any extra inconvenience. We've had our analysts go over the data on self-storage (sometimes known as public self storage or mini storage) in Montgomery to see how it compares with other cities in its state.
Montgomery is the 1st most expensive city for self storage in the state of Alabama, with the average price of a storage unit there coming in at $101.38. Alabama itself is the 42nd most expensive state for storage. In more exact terms, storage in Montgomery costs an average of $44.42 more than the average storage unit in Alabama, which goes for 56.96.
These average prices don't necessarily tell you how affordable storage in one city is compared to another, as the cost of living changes from place to place. To give you a better idea of affordability, we've created a 'relative price' scale that estimates how expensive storage is for median income earners in that state. Given that the average price of a storage unit in Montgomery is $101.38 and the median income in Alabama is $42,407.00 a year, we can determine that a storage unit would require 2.87% of a median earner's monthly paycheck. This is a very high percentage of income compared to other cities in Alabama, ranking in at the 100th percentile statewide, which leads us to conclude that storage in Montgomery is not cheap.
The same holds true on a national scale, where storage in Montgomery is comparatively very expensive, ranking at the 87th percentile among cities nationwide. Nationwide, storage costs an average $72.15 a month. Expect to pay about $29.23 more than that for self storage in Montgomery.
How many storage facilities do I have to choose from in Montgomery? Does the area offer a large number of options?
A greater number of storage facilities equates to more available storage space, so the number of facilities operating in your city will be one of the most important factors in your storage search. So does Montgomery offer plenty of options when it comes to different storage facilities?
Based on our data, we estimate that there are about 51 storage facilities doing business in the Montgomery, AL area. How does that number compare to other communities? It's a full 38 facilities more than the average city in Alabama, where there are an average 13 facilities in each city. Furthermore, Montgomery accounts for a full 14.79% of facilities in Alabama and ranks as the 1st-largest storage market out of all 26 cities in Alabama. Montgomery isn't only a large storage market in terms of its state, either, as its 51 facilities give it 42 more than the national average of 9 facilities per city.
Of course, simply comparing cities irrespective of their various populations tells us very little about these cities, even when we're comparing Montgomery to other cities in Alabama. 202,124 people make Montgomery their home. Is 51 a relatively high or low number of storage facilities for such a population? Cities with populations of 100,000 to 250,000 have, on average, 18 self-storage facilities listed on the SelfStorage.com network. Seeing that Montgomery is home to 33 more facilities, we can say with confidence that it has a very high amount of storage space for its size. Per capita measures seem to have affirmed our conclusion that Montgomery is in possession of a healthy number of storage businesses for its size. The 51 facilities serving Montgomery's 202,124 residents place it in the 55th percentile for self-storage facilities per capita nationwide, meaning that there's a pretty high amount of storage space for each person in Montgomery. But despite having a high number of per capita storage businesses on the national scale, Montgomery actually comes in on the low end for a city in Alabama, where it only ranks in the 28th percentile.
Finally, according to US Census data, Montgomery's population grew by 0.2% between the 2000 and 2010 censuses, -7.3% less than the 7.5% growth that Alabama grew as a whole. Montgomery's low growth rate may mean that, with fewer incoming residents than elsewhere in Alabama, the demand for storage is lower, but let's not forget that Montgomery already has relatively few facilities for its size., meaning demand from the local population might be just as high.
Do prices on Montgomery, AL self storage change depending on the time of year? Should I wait until a more ideal month to book a unit?
If you do your comparison shopping for storage units a few months from now, you might be surprised to see that prices have changed. That's because the self storage market is highly seasonal. Peaking in May through September, when most people in the United States move, and dropping to their lowest in October through March, when far fewer people move homes, storage prices and closely linked to moving patterns. The high season comes into full swing on the day after Memorial Day, which is such a popular time to rent storage that those in the industry have taken to calling it 'Crazy Tuesday.' Smaller unit sizes are often more strongly affected by seasonality, as college students make up a decent portion of those moving in the summer and tend to book 5x5 and 5x10 units.
Seasonal highs and lows are less extreme in Montgomery than they are in other cities on the SelfStorage.com network, with prices staying relatively level throughout the year. However, even though prices are less likely to change dramatically in Montgomery, locking in a rate for your entire stay often allows you to bargain the total price down. April is the least expensive month for storage in Montgomery, with an average price of $40.5 for a storage unit. February is the most expensive month, when storage goes for an average rate of $115.58.
Where can I book the lowest monthly rates on self-storage units in Montgomery, Alabama?
Storage prices on one side of Montgomery can be totally different on the other side of the city. Searching for storage in the 36111 ZIP code should yield the cheapest rental rates, as units there average $72.83 a month, lower than anywhere else in Montgomery. Storage prices are highest within the 36106 ZIP code of Montgomery, where rentals average $132.04 a month.
What's a typical price for a storage unit in Montgomery?
Finding the best price on a storage unit in Montgomery can be tough if you don't know what a good price is. Storage prices being as highly-dependent on location as they are, there's little use in comparing the facilities in Montgomery with those in other cities you might have rented a storage unit in in the past. 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.
On average, storage businesses in Montgomery charge a rate of $101.38 per month to rent a storage unit. If you're thinking of renting a unit for the long term, that's approximately $1216.56 per year. However, it's important to note that this is the average for all storage unit sizes. As you might expect, monthly rates will change depending on the size of the unit you choose. Storage units in Montgomery come in these standard sizes: 5x5, 5x10, 10x10, 10x15, 10x20, and 10x30. For each standard size, here's how much you might expect to pay per month in Montgomery:
|Storage Unit Size||Average Price in Montgomery, AL|
THE BOTTOM LINE ON MONTGOMERY SELF STORAGE:
Are you trying to find a notably cheap self storage unit in Montgomery, AL? Self storage hits its lowest rates during April within the 36111 ZIP code. If you can, try not to conduct your storage search during February, when prices are at their acme, and remember that the 36106 area has the steepest prices.