Storage rental rates are highly seasonal, with prices often fluctuating widely throughout the year. Storage seasonality is in synch with the moving seasons, which are at their highest in the late spring and summer, as a huge amount of storage demand is generated by people moving into new homes. The high season comes into full swing on the day after Memorial Day, which is such a popular time to rent storage that those in the industry have taken to calling it 'Crazy Tuesday.' 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.
Long Beach self storage prices on average change very little throughout the year relative to other cities, making seasonal price changes less of a worry for renters. However, even though prices are less likely to change dramatically in Long Beach, locking in a rate for your entire stay often allows you to bargain the total price down. Your chances of getting a low price on a storage unit in Long Beach are highest during October, when the average rental rate drops to a low $71.68. Your chances are lowest during July, which with an average price of $125.74 is the most expensive time to book a unit.
Scoring an excellent price on a storage unit in Long Beach often comes down to knowing what kind of price range to expect. Being that the average price of storage unit can be different by hundreds of dollars between two cities in the same state, any past experiences booking storage elsewhere will help you little in figuring out how much you should pay. That's why, in order to help you go into your storage search as knowledgeable as possible, we've had our storage analysts go over all the data on Long Beach we have available.
Rental rates on storage in Long Beach average $77.39 per month. If you're considering a longer stay in your storage unit then at that rate you'd be paying approximately $928.68 per year. Don't, however, put too much weight on that number, as it does not discriminate by unit size. Units of different square footage can go for hundreds of dollars more or less than others, even in the same storage facility. Self storage in Long Beach comes in these standard sizes: 5x5, 5x10, 10x10, 10x15, 10x20, and 10x30. For each standard unit size, the average rental rate in Long Beach is:
|Storage Unit Size||Average Price in Long Beach, CA|
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. You might have to spend more on gas getting out to that unit, but the savings you'll be building up could totally compensate for that. If we can show that self-storage (also known as public self storage and mini storage) in Long Beach is more expensive than its surroundings, then you'll know to expand your search.
Long Beach is the 128th most expensive city for self storage in the state of California, with the average price of a storage unit there coming in at $77.39. California itself is the 9th most expensive state for storage. In more exact terms, storage in Long Beach costs an average of $13.97 less than the average storage unit in California, which goes for 91.36.
These average prices don't necessarily tell you how affordable storage in one city is compared to another, as the cost of living changes from place to place. In order to establish some kind of index of affordability for Long Beach storage, we've developed a 'relative price' scale which takes the cost of living in terms of state median income into account. The median income in California is $54,681.00, which means the average storage unit in Long Beach would require 1.7% of a median earner's monthly income. 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 49th percentile.
Nationally, however, self-storage in Long Beach is actually somewhat expensive, ranking at the 54th percentile. Expect to pay $5.24 more than the national average of $72.15 when searching for self storage in Long Beach.
The more facilities there are in the area you're searching, the more options you'll have. If I'm searching for storage in Long Beach, should I expect plenty of available storage facilities, or only a few?
According to the data on our facility network, there are 29 storage businesses operating in Long Beach, CA. On average, cities in California are home to only about 9 storage facilities, a full 20 less than Long Beach's 29, meaning coverage in Long Beach is reasonably high. This ranks Long Beach as the 12th largest storage market out of 253 California cities in terms of number of facilities, making up 1.33% of the state's total. Long Beach isn't only a large storage market in terms of its state, either, as its 29 facilities give it 20 more than the national average of 9 facilities per city.
But making comparisons between any cities, whether it be comparing Long Beach to its neighbors in California or on a national scale, isn't a very fruitful excercise when we ignore a city's population. Are the 29 storage facilities providing the 462,604 people living in Long Beach with enough storage space? For a city its size, Long Beach is a bit below average when it comes to self storage facilities. Other cities in the 250,000 to 1,000,000 population bracket have an average 49 facilities, 20 more than the 29 on offer in Long Beach. Long Beach's below average number of facilities seems to be affirmed when we look at the actual per capita number of facilities. With only 29 self storage businesses serving a community of roughly 462,604 people, Long Beach lands in the 13th percentile for storage facilities per capita nationwide. That obviously means there's not as much storage space for each resident as there is in other cities, which could clealy complicate your storage search. Just as Long Beach offers little storage space per person on a national scale, the same goes when we compare the city to others in its state, where it only ranks in the 21st percentile for facilities per capita.
Long Beach's low growth rate may mean that, with fewer incoming residents than elsewhere in California, the demand for storage is lower, but let's not forget that Long Beach already has relatively few facilities for its size., meaning demand from the local population might be just as high.
Much like real estate, self-storage prices can change drastically within the space of a few miles in Long Beach. Searching for storage in the 90804 ZIP code should yield the cheapest rental rates, as units there average $103.79 a month, lower than anywhere else in Long Beach. Storage is most pricey in the 90808 ZIP code, where you should expect to pay about $209.88 a month for a unit.
Hunting for a highly affordable self storage unit in Long Beach, CA? October is the best month to conduct your search for storage, and you'll find the best deals in the 90804 ZIP code. Try to avoiding looking for storage during July, when unit prices hit their pinnacle, and be aware that the 90808 area has the worst prices.
Long Beach, CA self storage typically costs between $44 and $296 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, Long Beach had an average home value of $397,500 which in the past year is up 0.172%.