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. Storage prices generally reach their peak during the period from May to September, coinciding with moving season. 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. Cities with high proportions of university students may see more pronounced seasonal highs and lows, as many students book storage units during the summer.
Analysts at SelfStorage.com have found that seasonal price changes on self storage in Corona are marginally higher than in other cities, with a greater average difference between low and high seasons. In cities such as Corona that have highly-seasonal prices, its often a good idea to agree on a length of stay and a single monthly rate with the facility, and to get that agreement down in writing. You're most likely to get a good deal on a storage unit in Corona during the month of July, when the average price is at its lowest, $56.95 a month. You're least likely to get a good deal in June, when the average price is a high $164.38.
Just as home prices will differ from neighborhood to neighborhood in Corona, so will self-storage rates. You'll find the best prices on storage in the 92883 ZIP code, which averages $113.59 a month for a storage unit. The 92881 ZIP code, on the other hand, is the most pricey neighborhood in Corona, with an average price of $160.32 for a unit.
Successfully booking the storage unit you're looking for will have much to do with the number of self storage businesses in your city, as the more facilities there are the more options you'll have available. So does Corona offer plenty of options when it comes to different storage facilities?
There are 14 total storage facilities in Corona, CA on the SelfStorage.com network. The average city in California is home to about 9 storage facilties, 5 less than what can be found in Corona, meaning Corona has a reasonably-large number of facilities. It should come as no surprise then that Corona has the 39th-highest count of facilities out of all 253 cities on our network in California, acting as home to 0.64% of facilities in California. When compared against the national average of 9 storage facilities in each city, Corona still offers a full 5 more than the average.
Of course, simply comparing cities irrespective of their various populations tells us very little about these cities, even when we're comparing Corona to other cities in California. How, then, does Corona with its 151,027 people compare to cities of a like size? Comparing Corona to other cities in the 100,000 to 250,000 population bracket, we find that Corona doesn't quite have as many self storage facilities as average. Other cities in that bracket average 18 facilities, while Corona has 4 fewer. Indeed, that Corona has relatively few storage facilities for its population is validated once more when we look at its per person facility count. For a city of 151,027, 14 self-storage facilities is not a high number at all: in fact, Corona only places in the 23rd percentile for facilities per capita in United States cities, indicating a meager level of storage coverage. Does Corona perform any better in terms of per capita facilities for cities in California? Apparently even then the city is somewhat low on storage space, only ranking in the 39th percentile for facilities per person in California.
Another thing about Corona we feel we should mention is that it's growing, and rapidly, having seen its population increase by 17% between the 2000 and 2010 census, a 7% higher growth rate than the 10% the state of California experienced as a whole. Add that high rate of population growth to a low number of storage businesses per capita and you have a recipe for some very high levels of storage demand in Corona, accompanied by high prices and low availability.
Finding a great price on a storage unit in Corona can be difficult if you don't know how much units in the area typically cost. With rental rates being as dependent upon the facility's location as they are, comparing prices at facilities in Corona with those in other cities you might have rented a storage unit in in the past will do you little good. But don't worry: SelfStorage.com has all the data you need in order to go into your storage search well informed.
Storage businesses in Corona rent out their units at an average price of $70.04 a month. If you're considering a longer stay in your storage unit then at that rate you'd be paying approximately $840.48 per year. Keep in mind that that average rate does not differentiate between the different unit sizes, and so should be taken with a sizeable grain of salt. There often are substanial price gaps between the various unit sizes. In Corona you'll have the option of renting six standard storage unit sizes, such as 5x5, 5x10, 10x10, 10x15, 10x20, and 10x30. By size, the average monthly rates in Corona are:
|Storage Unit Size||Average Price in Corona, CA|
Just like real estate prices, prices on storage can be totally different in different parts of the same city. Storage facilities just on the periphery of your current search might have some great rental rates, and you'll only find them if you search a little more broadly. 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. But on the other hand, if we can show that self-storage (commonly known as mini storage or public self storage) is cheaper in Corona than its surroundings, there's no reason to waste time looking elsewhere.
An average price of $70.04 a month for a storage unit makes Corona the 151st most expensive city in California for self-storage, while California itself is the 9th most expensive state. In more exact terms, storage in Corona costs an average of $21.32 less than the average storage unit in California, which goes for 91.36.
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. In order to establish some kind of index of affordability for Corona storage, we've developed a 'relative price' scale which takes the cost of living in terms of state median income into account. A storage unit in Corona will on average cost 1.54% of a median earner's monthly income, given that the yearly median income in California is $54,681.00. This is actually a relatively low percentage of income to spend on a storage unit for a city in California. Compared to other cities in the state it ranks at the 39th percentile.
In addition to being relatively cheap at the state level, storage in Corona is also relatively cheap on the national scale, ranking at the 46th percentile when compared to other cities nationwide. Expect to pay $2.11 less than the national average of $72.15 when searching for self storage in Corona.
Looking for an astoundingly-low price on a self storage unit in Corona, CA? July is when prices are lowest on storage, while the most inexpensive place to find a unit is the 92883 ZIP code. Try not to start your search in June, when the cost of storage is at its apogee and be warned that the 92881 area is the most expensive in Corona for storage.
Corona, CA self storage typically costs between $30 and $250 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, Corona had an average home value of $425,000 which in the past year is up 0.268%.