Peoria, AZ Self Storage: FAQ
Is self storage in Peoria cheaper or more expensive than other cities in Arizona?
It's often true that certain areas in a city offer much lower storage rental rates than others. The more expansive your search, the more facilities you'll be able to compare, and the more options you'll have. Sure, it might be more of a pain to drive to the facility, but hundreds of dollars in potential savings might alleviate that. We've had our analysts go over the data on self-storage (sometimes known as public self storage or mini storage) in Peoria to see how it compares with other cities in its state.
Peoria is the 34th most expensive city for self storage in the state of Arizona, with the average price of a storage unit there coming in at $39.8. Arizona itself is the 25th most expensive state for storage. To give you a better idea of what this means, Peoria's average price is $30.28 less than the state average of $70.08.
While average prices will give you a good idea of how much you should expect to spend, they don't necessarily tell us if storage is relatively affordable in that city. We use our 'relative price' scale to calculate the relative affordability of storage in a given area using the state median income. In Arizona, the median income is $48,498.00 a year, which would make the average $39.8 unit in Peoria cost 0.98% of a median earner's monthly income. As a percentage of monthly income this is very cheap compared to other cities in Arizona, ranking at the 10th percentile statewide, allowing us to say that storage in Peoria is extremely affordable.
The same holds true on a national scale, where storage in Peoria is comparatively very cheap, ranking at the 14th percentile among cities nationwide. Expect to pay $32.35 less than the national average of $72.15 when searching for self storage in Peoria.
How much does storage in Peoria, AZ cost?
Finding the best price on a storage unit in Peoria 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 Peoria with those in other cities you might have rented a storage unit in in the past. That's why the analysts at SelfStorage.com have crunched the numbers so that you can know what to expect before you begin your storage search.
Self storage units in Peoria go for an average monthly price of $39.8. At those rates, a year-long stay in a unit will cost about $477.6, in case your storage needs are more long term. That average doesn't discriminate by size, so it shouldn't be taken as an extremely accurate figure. Larger units can be more than twice as expensive as the smaller sizes. In Peoria you'll have the option of booking six standard storage unit sizes, such as 5x5, 5x10, 10x10, 10x15, 10x20, and 10x30. The following are the average prices for each size:
|Storage Unit Size||Average Price in Peoria, AZ|
How much storage space is there in Peoria? Will it be easy to find a good facility?
Finding the unit you need at the price you want has everything to do with what's available in your area, with more facilities offering more options. So how many storage facilities are there in Peoria?
Industry experts at SelfStorage.com estimate that there are approximately 22 storage facilities servicing the Peoria, AZ community. Peoria's 22 facilities make it one of the larger cities for storage in Arizona: the state average is 14 facilities per city, 8 less than what's available in Peoria. Out of all 38 cities in Arizona listed on the SelfStorage.com network, Peoria ranks as the 6th-highest in terms of number of storage businesses, accounting for 4.14% of facilities. Peoria isn't only a large storage market in terms of its state, either, as its 22 facilities give it 13 more than the national average of 9 facilities per city.
On the other hand, comparing the total number of storage facilities in one city to another irrespective of the number of people that live in each city makes little sense, even when we're comparing Peoria to other cities in Arizona. Are the 22 storage facilities providing the 163,226 people living in Peoria with enough storage space? Comparing Peoria to other cities in the 100,000 to 250,000 population bracket, we find that Peoria has a few more facilities than average. That bracket's average is 18 facilities per city, 4 less than what can be found in Peoria. Our conclusion that Peoria has plenty of facilities for its population, however, seems to be contradicted by its per capita facility count. On a self-storage facilities per-person basis, Peoria ranks in the 35th percentile among cities across the United States. In other words, there's not exactly a ton of extra storage space for the 163,226 people living there. Does Peoria perform any better in terms of per capita facilities for cities in Arizona? Apparently even then the city is somewhat low on storage space, only ranking in the 48th percentile for facilities per person in Arizona.
The fact that Peoria is growing, and doing so at a rapid rate, also bears mentioning in our discussion of storage facilities per person. The US Census reports that Peoria saw 47.1% more people move there in the first decade of this century, 22.5% more than the 24.6% population that Arizona saw altogether. Remember that Peoria also has a low number of storage businesses per resident. That, plus its population growth, means that storage units in Peoria are probably very much in demand.
Are storage rental rates seasonal? Do storage unit prices in Peoria, AZ change depending on the time of year?
One of the most prominent factors involved with finding a cheap storage unit is the time of year you go searching for that unit, as storage prices change due to seasonal demand. The high season lasts from late spring to late summer, the most popular period for those moving into a new home. The single busiest day of the high season is typically National Moving Day, also called 'Crazy Tuesday' by storage facility operators for the amount of activity they see that day, which is the day after Memorial Day. In addition to families moving between homes, college students renting storage for the summer also contribute to demand during the high season, particularly in college towns.
Seasonality seems to be a very low factor in Peoria self storage prices, with little change between high and low season prices. Even so, it's often a good idea to book at the lowest price and then lock in that rate with the facility. Shop for self storage in Peoria during January to get the best price, when units go for an average of $39.8. Prices reach their highest in October, which at an average price of $83.37 a month you might want to avoid.
Are certain parts of Peoria more inexpensive for self storage than others?
Self Storage rates can change dramatically from one neighborhood to the next in Peoria. Focus your storage search on the 61615 ZIP code of Peoria, where units rent for an average $57.00 a month, the lowest in the entire city. Peoria's priciest place for storage lies within the 85345 ZIP code, where storage rental rates are an average $103.87 a month.
PEORIA SELF STORAGE: THE BOTTOM LINE
Are you seeking a budget self storage unit in Peoria, AZ? January offers the cheapest prices on storage, and prices are least expensive in the 61615 ZIP code. The worst month to look for storage is October, when units cost the most, and remember that the 85345 area is the most expensive part of town for storage.