Boynton Beach, FL Self Storage: FAQ
Which neighborhoods in Boynton Beach have the greatest bargains on self storage? Which have the worst prices?
Certain areas of Boynton Beach can be significantly cheaper or more expensive for storage than others. Look for a cheap unit in the 33426 ZIP code, where the average price of $101.58 is the lowest in Boynton Beach. You probably won't be finding the best deal on storage in the 33437 ZIP code in Boynton Beach, which with an average price of $129.22 a unit is the most expensive area in town.
How many options are there in terms of different storage facilities in Boynton Beach, FL?
If your area is well-served by a large number of facilities, finding the right unit might be easier for you than for others in communities where less storage space is on offer. If I'm searching for storage in Boynton Beach, should I expect plenty of available storage facilities, or only a few?
Industry experts at SelfStorage.com estimate that there are approximately 9 storage facilities servicing the Boynton Beach, FL community. That's a very small number of facilties compared to what's on offer in other Florida cities, a full 1 fewer than the Florida average of 10 per city. Boynton Beach's low number of facilities places it down low on the chain in terms of storage market size: the city is only the 50th largest out of all 173 cities in Florida, its share of total facilities barely above 0.55%. Compared to other cities across the US, Boynton Beach's 9 storage facilities are perfectly average.
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 Boynton Beach to the rest of Florida. So how does Boynton Beach, with its population of 69,654, compare to cities with similar populations? Among the other similarly-sized cities we have listed on the SelfStorage.com network, Boynton Beach has fewer self-storage facilities than average. Cities in its population bracket (50,000 to 100,000) average 11 facilities, while Boynton Beach comes under that mark by 2. But then again, such a population bracket covers a wide range of cities. A more accurate measure would be Boynton Beach's per capita facility count--a measure which has validated our former results, showing Boynton Beach to indeed have little storage for its size. On a self-storage facilities per-person basis, Boynton Beach ranks in the 34th percentile among cities across the United States. In other words, there's not exactly a ton of extra storage space for the 69,654 people living there. Even if we restrict our scope of comparison to the state level, Boynton Beach doesn't seem to offer its population as much storage space as other cities do, attaining a low rank in the 36th percentile for facilities per capita among cities in Florida.
Finally, it also seems that Boynton Beach is undergoing a modest level of population growth. According to the US Census, Boynton Beach grew by 14.9% from 2000 to 2010, which, though not insignificant, is 2.7% less than the 17.6% growth Florida saw. Concluding that demand for storage in Boynton Beach would be lower than in other cities in Florida due to its relatively-low growth rate would, however, be ignoring the fact that Boynton Beach has fewer facilities for its population than many of these cities, and that a shorter supply would have the same effects on price as high demand.
How much should I expect my storage rental rates to be in Boynton Beach?
As storage prices are closely tied to local real estate prices, it makes sense that rental rates can often differ substantially even in neighboring cities. If you're searching for the cheapest storage unit out there, a good rule of thumb is to look farther abroad than you originally set out to. 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. In order to help you know whether or not to expand your search, the analysts at SelfStorage.com have done the math to figure out whether self-storage (also called mini storage or public self storage) in Boynton Beach is relatively more or less expensive than other cities.
With its average price of $58.53 a month for a unit, Boynton Beach is the 114th most expensive city for self-storage in the state of Florida, which itself is the 15th most-expensive state for storage. In more exact terms, storage in Boynton Beach costs an average of $20.10 less than the average storage unit in Florida, which goes for 78.63.
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. That's why we've developed a 'relative price' scale that takes state median income into account. In Florida, the median income is $45,281.00 a year, which would make the average $58.53 unit in Boynton Beach cost 1.55% of a median earner's monthly income. When we compare this percentage to other cities in Florida, we find that it ranks at the 33rd percentile and is therefore a relatively cheap place to rent a storage unit.
In addition, storage in Boynton Beach is also relatively cheap on the national scale, ranking at the 46th percentile compared to other cities across the nation. To put that in more concrete terms, storage in Boynton Beach should cost an average of $13.62 less than the national average price of 72.15.
How much should my Boynton Beach storage unit cost per month?
It's hard to tell a good price on storage from a great one when you're unaware of how much self storage in Boynton Beach should cost in the first place. Storage prices can shift significantly from city-to-city, so knowing what's standard for an area can be difficult. That's why we've had our analysts at SelfStorage.com analyze all the data you might need to find a cheap unit in Boynton Beach.
The average price of a self storage unit in Boynton Beach is $58.53 a month. That monthly rate would come out to a yearly rate of $702.36, should you be thinking of renting long term. That average doesn't discriminate by size, so it shouldn't be taken as an extremely accurate figure. Prices for different unit sizes are, of course, quite different from one another. Storage units in Boynton Beach come in these standard sizes: 5x5, 5x10, 10x10, 10x15, and 10x20. Here are the average rental rates for each standard size in Boynton Beach:
|Storage Unit Size||Average Price in Boynton Beach, FL|
When are Boynton Beach, FL storage prices cheapest? Should I book in February or January?
Finding and locking in a good monthly rate 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. Storage prices generally reach their peak during the period from May to September, coinciding with moving season. Sometimes called 'National Moving Day' or 'Crazy Tuesday', the day following Memorial Day is typically the busiest for storage businesses and the highest point of the high season. 5x5 and 5x10 units often see wider seasonal swings, primarily due to college students renting these smaller sizes when they leave town for the summer. College towns will be particularly affected by this.
Seasonality is not particularly pronounced in Boynton Beach, meaning that month-to-month prices vary less than they do elsewhere. Even though you shouldn't have to worry as much about your rates changing later in the year, it's always best to lock in your rate with the facility if possible. Your chances of getting a low price on a storage unit in Boynton Beach are highest during January, when the average rental rate drops to a low $58.53. Your chances are lowest during February, which with an average price of $136.71 is the most expensive time to book a unit.
SELF STORAGE IN BOYNTON BEACH, FL: THE BOTTOM LINE
Are you trying to find an inordinately cheap self storage unit in Boynton Beach, FL? Then book a unit in January within the 33426 ZIP code. The worst time to search for storage is during February, when units are at their priciest, and keep in mind that the 33437 area is the most expensive part of town for storage.