Self storage rates being as highly-dependent on the real estate market as they are, it should come as no surprise that prices can change dramatically within the space of a few miles. 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. 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. We've had our analysts go over the data on self-storage (sometimes known as public self storage or mini storage) in Salinas to see how it compares with other cities in its state.
With its average price of $140 a month for a unit, Salinas is the 38th most expensive city for self-storage in the state of California, which itself is the 9th most-expensive state for storage. In more exact terms, storage in Salinas costs an average of $48.64 more 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. To give you a better idea of affordability, we've created a 'relative price' scale that estimates how expensive storage is for median income earners in that state. The median income in California is $54,681.00, which means the average storage unit in Salinas would require 3.07% of a median earner's monthly income. According to our analysis, this makes Salinas a very expensive place to rent a storage unit, its average price as a percent of income coming in at the 85th percentile for cities in California.
If we measure according to the national scale and compare it to cities across the country, self-storage rates in Salinas are still very expensive, ranking at the 90th percentile in terms of relative expense. To put that in more concrete terms, storage in Salinas should cost an average of $67.85 more than the national average price of 72.15.
If you do your comparison shopping for storage units a few months from now, you might be surprised to see that prices have changed. That's because the self storage market is highly seasonal. The high season lasts from late spring to late summer, the most popular period for those moving into a new home. 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.' University towns often see the sharpest seasonal spikes, as college students rent a significant number of storage units when they go home during their summer break. Smaller sized units in particular will see a rise in price during this period.
Compared with other cities, Salinas experiences a somewhat higher level of seasonality, with prices between low and high seasons differing to a greater degree than in many cities. One way of protecting yourself from seasonal rate changes is by signing a contract that details how much you'll pay for the entirety of your stay. With its average price of $82, April is the cheapest month to book storage in Salinas. With an average price of $167, May is the most expensive month to rent storage in Salinas.
Your hunt for a cheap storage unit won't be easy if you don't know how much a unit in Salinas should cost. 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. 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 Salinas we have available.
On average, a self storage unit in Salinas will rent for $140 a month. If your storage needs are longer-term, keep in mind that that would equate to an average price of $1680 per year. It must be noted that that rate averages all sizes of units in Salinas, and so shouldn't necessarily be used as a definitive yardstick during your search. Units of different square footage can go for hundreds of dollars more or less than others, even in the same storage facility. In Salinas you'll have the option of renting six standard storage unit sizes, such as 5x5, 10x15, and 10x20. Here are the average monthly rental prices for each unit size:
|Storage Unit Size||Average Price in Salinas, CA|
Some communities are home to plenty of storage businesses, offering those looking for storage a wide variety of choices, while other communities are less-well served and may need to expand their search into neighboring cities and suburbs. About how many storage facilties are serving the Salinas area?
Analysts at SelfStorage.com report that there are an estimated 14 storage facilities located in the Salinas area. Other cities in California are home to an average 9 facilities, 5 less than Salinas, meaning Salinas's storage coverage is slightly-higher than average. It should come as no surprise then that Salinas 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. Salinas isn't only a large storage market in terms of its state, either, as its 14 facilities give it 5 more than the national average of 9 facilities per city.
If we're making comparisons between cities, however, we're missing out on some important insights if we don't factor population in, even if we're simply comparing Salinas to the rest of California. Do the 14 self storage facilities in Salinas offer the 144,278 people living there enough extra storage space? How does Salinas compare to similarly-sized cities? Cities of similar size, as it turns out, offer more storage space than Salinas does. The average number of facilities for a city in the 100,000 to 250,000 population bracket is 18, which is 4 more than can be found in Salinas. That Salinas has few facilities for its size seems to be further supported when we look at Salinas's actual per capita storage facility coverage. Compared to cities across the US, Salinas ranks in the 25th percentile for storage facilities per person. In other words, there's not exactly a ton of extra storage space for its 144,278 inhabitants. Perhaps if we only compare Salinas to other cities in California it might appear to have more storage space? Unfortunately, even by that measure it does seem as if Salinas offers relatively little space, as it places in the 43rd percentile for per capita storage facilities in California.
Finally, it also seems that Salinas is undergoing a modest level of population growth. According to the US Census, Salinas grew by 0.5% from 2000 to 2010, which, though not insignificant, is 9.5% less than the 10% growth California saw. Although demand for storage might be lower in Salinas compared to other cities due to its lower rate of growth, keep in mind that the city still has fewer facilities per capita than most other cities in California.
Salinas self storage typically costs between $45 and $140 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, Salinas had an average home value of $389,000 which in the past year is up 0.276%.