As storage prices are closely tied to local real estate prices, it makes sense that rental rates can often differ substantially even in neighboring cities. By expanding your search into areas you might not have thought to look, you might be able to happen upon some excellent deals. The sum you'll save each month could totally be worth the extra drive, especially if you'll only need to visit your unit on the rare occasion. We've had our analysts go over the data on self-storage (sometimes known as public self storage or mini storage) in Brea to see how it compares with other cities in its state.
With its average price of $106.33 a month for a unit, Brea is the 64th most expensive city for self-storage in the state of California, which itself is the 9th most-expensive state for storage. To give you a better idea of what this means, Brea's average price is $14.97 more than the state average of $91.36.
An average price alone, however, doesn't tell you if storage is or isn't more affordable in one city versus another, as the cost of living will also be different. That's why we've developed a 'relative price' scale that takes state median income into account. In California, the median income is $54,681.00 a year, which would make the average $106.33 unit in Brea cost 2.33% of a median earner's monthly income. Compared to other cities in California, this is a fairly-high percentage of income to spend on storage, ranking Brea in the 74th percentile statewide. This leads us to label the city as a somewhat expensive place to rent self-storage.
The same holds true on a national scale, where self-storage rates in Brea are comparatively very expensive, ranking in at the 78th percentile among cities on our nationwide network. To put that in more concrete terms, storage in Brea should cost an average of $34.18 more than the national average price of 72.15.
Rental rates on self storage units can change significantly from one month to the next over the course of the year, climbing higher or diving lower depending on the season. Storage prices generally reach their peak during the period from May to September, coinciding with moving season. The single busiest day for self-storage businesses is typically the notorious 'National Moving Day' (which facility operators have dubbed 'Crazy Tuesday' for the chaotic scene at many facilities) the day after Memorial Day. 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.
According to our data, there's very little change in the average price of a storage unit throughout the year in Brea, meaning you shouldn't have to put too much thought into seasonality when looking for your unit. Even so, it's often a good idea to book at the lowest price and then lock in that rate with the facility. With its average price of $101.17, December is the cheapest month to book storage in Brea. With an average price of $106.33, November is the most expensive month to rent storage in Brea.
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. If I'm searching for storage in Brea, should I expect plenty of available storage facilities, or only a few?
Based on our data, we estimate that there are about 5 storage facilities doing business in the Brea, CA area. Our storage industry analysts also report that the average city in California has about California storage facilties currently serving the community, a full 4 more than what's on offer at Brea. It should come as litte surprise then that Brea only ranks as the 135th largest storage market out of the 253 cities in California, accounting for a mere 0.23% of the state's total facilities. Brea also has a below-average number of facilities when compared to cities on the national scale, where it's 4 below the national average of 9 storage facilities.
But of course, comparing the raw number of storage facilities in Brea to other cities in California and nationwide without taking population into account tells us very little. So how does Brea, with its population of 38,452, compare to cities with similar populations? Among the other similarly-sized cities we have listed on the SelfStorage.com network, Brea has fewer self-storage facilities than average. Cities in its population bracket (25,000 to 50,000) average 7 facilities, while Brea comes under that mark by 2. One might point out that comparing Brea to cities of a similar size doesn't prove its lack of storage for the size of the population, and that a better measure would be actually looking at its facilities per capita. Well, we have, and it has firmly strenthened our former results. Per person, Brea ranks in the 34th percentile for self-storage facilities among cities across the nation. That means that 5 storage businesses serving a city of 38,452 people isn't a very high number, and indicates that finding the necessary storage space in Brea could be more difficult than in other cities. The same is not true, however, when we compare Brea only to other cities in its state. In terms of California, Brea places in the 60th percentile for storage businesses per capita, meaning that it actually has a good amount of storage space for a city in California.
Another thing about Brea we feel we should mention is that while it has grown in the past decade, it hasn't done so by as much as the rest of California has. Brea saw a small 8.2% jump between the 2000 and 2010 census, 1.8% less than the 10% the state of California experienced as a whole. Such a low growth rate relative to other cities in California, not to mention its higher number of facilities per capita than most of those cities, would seem to make Brea a high supply but low demand city for storage, which of course is ideal for anyone seeking to book a unit there.
Before you start your storage search in Brea, it's important that you know how much a unit in Brea typically costs. Since storage prices can change dramatically from one town to the next, the only real comparison you can make is with other facilities in the immediate area. But there's no reason to worry, as we've gone ahead and calculated all the necessary data so that you can begin your storage search with a firm knowledge of the local industry.
You should expect to pay an average of $106.33 a month for self storage in Brea. At that rate, staying in a unit for a year would cost about $1275.96, in case you need storage for a long period of time. It must be noted that that rate averages all sizes of units in Brea, and so shouldn't necessarily be used as a definitive yardstick during your search. It's not uncommon for larger units to be more than twice as costly as the smaller sizes. The standard sizes of storage units in Brea are: 5x10, 10x10, 10x15, and 10x20. Here are the average monthly rental prices for each unit size:
|Storage Unit Size||Average Price in Brea, CA|
Brea self storage typically costs between $79 and $245 a month. Storage is currently in stock.
If you’re considering buying/selling a home instead of renting, it’s crucial to find a storage unit that will last you through the purchase or sale process. Especially when, according to Zillow, Brea had an average home value of $600,000 which in the past year is up 0.175%.