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. So does Chico offer plenty of options when it comes to different storage facilities?
SelfStorage.com has 32 storage facilities in Chico, CA listed on its network. Other cities in California average only 9 storage facilities, 23 less than what's available in Chico, which means Chico is home to a large number of storage businesses. This ranks Chico as the 9th largest storage market out of 253 California cities in terms of number of facilities, making up 1.47% of the state's total. When compared against the national average of 9 storage facilities in each city, Chico still offers a full 23 more than the average.
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 Chico to other cities in California. Chico, CA has approximately 84,880 inhabitants. Do the 32 storage businesses there offer the community enough storage space? As it turns out, Chico actually does have a large amount of storage space for its size. Nationwide, cities with populations of 50,000 to 100,000 have an average 11 storage facilities, which is of course 21 less than the 32 found in Chico. One might point out that comparing Chico to cities of a similar size doesn't prove its healthy supply of storage space 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 verified our former results. The 84,880 residents of Chico have 32 self-storage facilities to choose between, which on a per capita basis ranks them in the 68th percentile nationwide. That's a relatively-high amount of space for each person living in Chico. Just as Chico appears to have a large amount of storage space per person compared to cities across the nation, the same goes when we restrict the comparison to California, where Chico lands in the 91st percentile for facilities per capita among cities in the state.
The fact that Chico 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 Chico saw 10.1% more people move there in the first decade of this century, 0.100000000000001% more than the 10% population that California saw altogether. Fortunately enough, Chico has that high level of facilities per person, which should help to mitigate any spikes in demand caused by a migration into the city.
It's nearly impossible to know what a good monthly rate on a storage unit is if you don't know what kind of prices to expect in Chico. With the average rental rate varying widely from place to place, the only truly valuable comparison you can make is with other storage facilities in the 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.
Self storage rental rates average $36 a month in Chico. That monthly rental rate would come out to a yearly price of about $432, should you be thinking of renting for that length of time. But before you go out and search for storage within the context of that figure, it's important to note here that that average price includes all standard sizes of storage units. Prices for the various unit sizes are, of course, very different from each other. In Chico you'll have the option of renting six standard storage unit sizes, such as 5x5, 5x10, 10x10, and 10x20. By size, the average monthly rates in Chico are:
|Storage Unit Size||Average Price in Chico, CA|
It's often the case that storage prices can swing to the opposite end of the spectrum within a few blocks in the same city, just as real estate values are liable to do. It could indeed be that a facility just a mile or two outside of town offers a much lower rate, but you won't find that facility unless you include a wider area in your search. Sure, it might be more of a pain to drive to the facility, but hundreds of dollars in potential savings might alleviate that. That being said, if we can determine that self-storage (which also goes by mini storage and public storage) prices are lower in Chico than in other nearby cities, we can make it easier for you to decide whether or not to take the time on a wider search.
With its average price of $36 a month for a unit, Chico is the 236th 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, Chico's average price is $55.36 less 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. We use our 'relative price' scale to calculate the relative affordability of storage in a given area using the state median income. In California, the median income is $54,681.00 a year, which would make the average $36 unit in Chico cost 0.79% of a median earner's monthly income. This is a very small percentage of monthly income to spend on self-storage in the state of California. Compared to other cities in that state, it ranks at the 6th percentile, meaning self-storage here is very cheap for its residents.
Chico self-storage prices are very cheap on the national scale as well. When compared with cities on our national network they rank in the 6th percentile. Nationwide, storage costs an average $72.15 a month. Expect to pay about $36.15 less than that for self storage in Chico.
Chico self storage typically costs between $35 and $105 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, Chico had an average home value of $284,000 which in the past year is up 0.162%.