Self Storage in Prescott Valley: FAQ
What's the average price of a storage unit in Prescott Valley?
It's impossible to know what a good deal on storage is if you don't know what kind of prices to expect in Prescott Valley. Comparing facilities you booked storage at in other cities will do you little good, as the average price for storage could be hundreds of dollars different. In order to help you go into your storage search as informed as possible, we've had our storage analysts go over all the data on Prescott Valley we have available.
On average, a storage unit in Prescott Valley goes for $107 a month. If you have long term storage needs, keep in mind that that's an average price of $1284 a year. Now, it should be noted that that average rate is for all sizes of units in Prescott Valley, and so should not necessarily be used as a definitive yardstick. Prices for different unit sizes are, of course, quite different from one another. The standard sizes of storage available in Prescott Valley include 5x5, 5x10, 10x10, 10x15, 10x20, and 10x30. The following are the average prices for each size:
|Storage Unit Size||Average Price in Prescott Valley, AZ|
How much storage space is there in Prescott Valley? Will it be easy to find a good facility?
When it comes to finding self-storage, the more really is the merrier: more storage businesses in your area means more unit options available, and more options mean a greater chance you'll be able to choose a unit that satisfies your storage needs. When it comes to the number of facilities operating in Prescott Valley, how many options are available?
Based on our data, we estimate that there are about 7 storage facilities doing business in the Prescott Valley, AZ area. For a city in Arizona, Prescott Valley is home to relatively few storage facilities. The average city in Arizona has 14 facilities listed on our network, a full 7 more than what can be found in Prescott Valley. Compared to the rest of the cities in Arizona, Prescott Valley ranks quite low in terms of number of facilities (19th out of all 38 cities), with a meager 1.32% share of the total. Prescott Valley also has a below-average number of facilities when compared to cities on the national scale, where it's 2 below the national average of 9 storage facilities.
Since, however, there are huge disparities in population between Prescott Valley and other cities in Arizona, comparing the number of storage businesses in each tells us very little. Are the 7 facilities in Prescott Valley sufficient at supplying the 38,463 people who call it home with enough extra storage space? It turns out that the average city with a population of 25,000 to 50,000 is home to 7 storage businesses, precisely the same number as can be found in Prescott Valley. Then again, there might be more accurate ways of measuring if there's enough storage space in Prescott Valley per person. Like, for example, measuring the number of facilities per person. The 7 facilities in Prescott Valley for its 38,463 residents rank it in the 46th percentile for storage facilities per capita among cities across America. That's a relatively-low rank, and seems to indicate that there's not a whole lot of extra storage space in Prescott Valley for those 38,463 people living there. However, though Prescott Valley is below the 50th percentile at the national level, in terms of cities in Arizona it falls in the 56th percentile, meaning it has a large amount of storage space per capita for its state.
Finally, according to US Census data, Prescott Valley's population grew by 57.4% between the 2000 and 2010 censuses, a surprising 32.8% more growth than the 24.6% that Arizona grew as a whole. Remember that Prescott Valley also has a low number of storage businesses per resident. That, plus its population growth, means that storage units in Prescott Valley are probably very much in demand.
Prescott Valley, AZ storage price seasonality: Why it's better to book in June than January
It's often true that the same storage unit at the same storage facility will cost significantly more or less in April than it does in November. That's because self storage is a seasonal industry. The high season lasts from late spring to late summer, the most popular period for those moving into a new home. Known to some in the industry as 'Crazy Tuesday,' the day following Memorial Day is typically the busiest of the year for storage and brings the high season into full swing. College students looking for a place to keep their things during the summer holiday can also have an effect on high season prices, pushing up prices on smaller units in particular, which is something to keep in mind if you live in a college town.
Seasonality is not particularly pronounced in Prescott Valley, meaning that month-to-month prices vary less than they do elsewhere. However, even though prices are less likely to change dramatically in Prescott Valley, locking in a rate for your entire stay often allows you to bargain the total price down. Those looking for self storage in Prescott Valley will find the lowest prices in June, with its average price of $29.67. January, however, is the most expensive month, averaging $107.
On average, how much does a storage unit in Prescott Valley rent for?
Just like real estate prices, prices on storage can be totally different in different parts of the same city. By widening the breadth of your search, you'll open yourself up to even more facilities and a greater range of possibilities. 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. In order to help you know whether or not to expand your search, the analysts at SelfStorage.com have done the math to figure out whether self-storage (also called mini storage or public self storage) in Prescott Valley is relatively more or less expensive than other cities.
With its average price of $107 a month for a unit, Prescott Valley is the 6th most expensive city for self-storage in the state of Arizona, which itself is the 25th most-expensive state for storage. In general, storage units in Prescott Valley go for $36.92 more than the state average of $70.08.
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. We use our 'relative price' scale to calculate the relative affordability of storage in a given area using the state median income. A storage unit in Prescott Valley will on average cost 2.65% of a median earner's monthly income, given that the yearly median income in Arizona is $48,498.00. When compared to storage price as a percent of income in other cities in Arizona, Prescott Valley ranks in the 86th percentile, meaning that storage here is quite expensive.
The same holds true on a national scale, where storage in Prescott Valley is comparatively very expensive, ranking at the 84th percentile among cities nationwide. Nationwide, storage costs an average $72.15 a month. Expect to pay about $34.85 more than that for self storage in Prescott Valley.