Over the course of your search you'll likely be comparing a number of facilities against one another to find the right option for you. Most would agree that the more storage businesses there are to compare, the better. After all, who doesn't like options? In terms of the number of storage businesses in Arvada, are there plenty of options available, or few?
Analysts at SelfStorage.com report that there are an estimated 3 storage facilities located in the Arvada area. Arvada's 3 facilities make it a super-lightweight when compared to other cities in Colorado. The average city in the state offers 12 storage businesses to choose between, 9 more than what Arvada offers. To put it into more perspective, that's only 0.84% of the facilities in Colorado listed on our storage network, which places Arvada as only the 22nd largest city in terms of storage business count out of all 30 cities in Colorado. Arvada also has a below-average number of facilities when compared to cities on the national scale, where it's 6 below the national average of 9 storage facilities.
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 Arvada to the rest of Colorado. The population of Arvada, CO is 108,208. With 3 self-storage facilities, does Arvada offer relatively good or bad storage coverage? Upon analysis we have discovered that Arvada certainly does not have a large number of storage facilities for its size, and may in fact be significantly underserved. The 100,000 to 250,000 population bracket of cities on our network averages 18 facilities, 15 more than are available in Arvada. Other cities clearly have a good deal more storage space for their populations than does Arvada. When we next look at Arvada's actual per person self-storage facility count, our former conclusions seem to be strenthened beyond any reasonable doubt: the Arvada community has few facilities for its size. Arvada places in the 3rd percentile for self storage facilities per capita among cities across the country. That very low rank indicates that the 3 storage businesses serving the 108,208 people living in Arvada is not a very large number of facilities after all, and may mean that finding the right unit in Arvada isn't as easy a task as it is elsewhere. Even when we only compare Arvada to other cities in its state, it still appears to have relatively little self-storage space for the size of its population, coming in at the 3rd percentile for facilities per capita among cities in Colorado.
Finally, it also seems that Arvada is undergoing a modest level of population growth. According to the US Census, Arvada grew by 5.8% from 2000 to 2010, which, though not insignificant, is 11.1% less than the 16.9% growth Colorado saw. Remember, though, that while relatively fewer people are moving into Arvada and generating additional demand for storage, there's already a shorter supply of that storage than in most other cities in Colorado, as Arvada had a low level of facilities per capita for its state.
Scoring a good monthly price on your self storage unit has a lot to do with the time of year you book it, as prices vacillate from season to season. The period between April and September is typically considered the high season for storage, while prices are lower the rest of the year, notably through October and March. The day after Memorial Day (which those in the moving and storage industries often refer to as 'Crazy Tuesday') is typically seen as the start of the high season and is frequently the most expensive day to rent storage during that season. Cities with high proportions of university students may see more pronounced seasonal highs and lows, as many students book storage units during the summer.
There's not as much of a difference between prices during the high and low seasons in Arvada as there is in other cities, meaning seasonality is less of a concern here. If you'd still like to play it safe, which of course is always a good idea, one way to guard against seasonal price changes is by setting up an agreement with the facility to pay a single rate for your entire rental period. Your chances of getting a low price on a storage unit in Arvada are highest during March, when the average rental rate drops to a low $85. Your chances are lowest during February, which with an average price of $145 is the most expensive time to book a unit.
If you're new to searching for self storage in Arvada you might not know what kind of prices should be expected. Any past experiences you might have booking storage in other cities will be of little help here, as the average price of a storage unit in one city could be hundreds of dollars higher than the next. Which is precisely the reason we've had the SelfStorage.com analysts dig through all the data in order to bring back the crucial information you need to book a unit in Arvada.
Self storage rental rates average $145 a month in Arvada. If your're in need of storage for a longer term, remember that at that rate a unit will cost you approximately $1740 a year. This average does include all storage unit sizes, which means that it should be taken with a grain of salt. Units of different square footage can go for hundreds of dollars more or less than others, even in the same storage facility. The standard sizes of storage units in Arvada are: 5x5, 5x10, 10x10, In Arvada, the average monthly rental rate for each standard size is:
|Storage Unit Size||Average Price in Arvada, CO|
Just like real estate prices, prices on storage can be totally different in different parts of the same city. The more expansive your search, the more facilities you'll be able to compare, and the more options you'll have. The extra drive to the facility could very well be worth the monthly savings. If self-storage (often known as public self storage and mini storage) in Arvada is more expensive than elsewhere, then you should definitely broaden your search. So we asked our analysts to find out.
With its average price of $145 a month for a unit, Arvada is the 4th most expensive city for self-storage in the state of Colorado, which itself is the 17th most-expensive state for storage. To give you a better idea of what this means, Arvada's average price is $67.17 more than the state average of $77.83.
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. 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 Colorado is $60,381.00, which means the average storage unit in Arvada would require 2.88% of a median earner's monthly income. According to our analysis, this makes Arvada a very expensive place to rent a storage unit, its average price as a percent of income coming in at the 90th percentile for cities in Colorado.
The same holds true on a national scale, where self-storage rates in Arvada are comparatively very expensive, ranking in at the 87th percentile among cities on our nationwide network. Expect to pay $72.85 more than the national average of $72.15 when searching for self storage in Arvada.
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, Arvada had an average home value of $275,000 which in the past year is up 0.085%.