Daytona Beach, FL Self Storage: FAQ
What's storage facility coverage like in Daytona Beach, FL? Are there plenty of facilities to choose from, or only a few?
Finding the unit you need at the price you want has everything to do with what's available in your area, with more facilities offering more options. In terms of the number of storage businesses in Daytona Beach, are there plenty of options available, or few?
According to the data on our facility network, there are 20 storage businesses operating in Daytona Beach, FL. If you were wondering how that compares to other cities in the state, it's a very high number of facilities for a city: the average city in Florida offers only 10 storage facilities, 10 less than Daytona Beach. This ranks Daytona Beach as the 23rd largest storage market out of 173 Florida cities in terms of number of facilities, making up 1.21% of the state's total. Does Daytona Beach perform as well against other cities outside of its state? In fact it does, as its 20 facilities put it 11 above the national average of 9 per city.
But of course, there are vast differences in population between Daytona Beach and other cities in Florida, and even more so nationwide, so not controlling for population makes little sense. We ought to be comparing Daytona Beach, with its population of 63,795, to cities of similar size. The average number of facilities listed on our storage network in cities with populations of 50,000 to 100,000 is 11. As Daytona Beach's facility count beats that by 9, we can establish that Daytona Beach has a bit more storage space than average for a city its size. In addition, if we look at Daytona Beach's per capita facility count, our former findings seem to be definitively validated: Daytona Beach does seem to have a large number of facilities for its size. Per capita, Daytona Beach ranks in the 63rd percentile for storage facilities compared to cities across the country. That means there's a reasonably-high amount of storage space in Daytona Beach compared to other cities. Is Daytona Beach still a city with a fairly-large amount of storage space for its population compared to others in Florida? Indeed, it is, placing into the 63rd percentile among cities in Florida.
Such a low growth rate relative to other cities in Florida, not to mention its higher number of facilities per capita than most of those cities, would seem to make Daytona Beach a high supply but low demand city for storage, which of course is ideal for anyone seeking to book a unit there.
What kind of rental rates should I expect on Daytona Beach, FL storage units?
It's hard to tell a good price on storage from a great one when you're unaware of how much self storage in Daytona Beach should cost in the first place. You can't even use past experiences booking storage elsewhere, as average prices will be totally different in other cities, even other cities in FL. In order to help you go into your storage search as informed as possible, we've had our storage analysts go over all the data on Daytona Beach we have available.
On average, storage businesses in Daytona Beach charge a rate of $51.99 per month to rent a storage unit. If you have long term storage needs, keep in mind that that's an average price of $623.88 a year. Keep in mind that that average does not differentiate between the different sizes of units, and so should be taken with a grain of salt. There can be, and often are, substanial price differences between different unit sizes. Storage units in Daytona Beach come in these standard sizes: 5x10, 10x10, 10x15, 10x20, and 10x30. Below you'll find the average price by each size:
|Storage Unit Size||Average Price in Daytona Beach, FL|
Are certain parts of Daytona Beach more cheap for self-storage units than others?
Prices on self storage in Daytona Beach can change substantially with a few minutes drive in any direction. The best prices on storage in Daytona Beach can be found in the 32119 ZIP code. Units there average $73.58 a month. Daytona Beach's highest-priced area for storage lies within the 32128 ZIP code, where storage rental rates are an average $172.86 a month.
Are storage rental rates seasonal? Do storage unit prices in Daytona Beach, FL change depending on the time of year?
The self storage market being of a seasonal nature, the prices on offer at the moment could be substantially different from those you'll see two months from now. 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. Memorial Day weekend marks the definitive end to the low season. The following Tuesday is often so busy that it's popularly known as 'Crazy Tuesday' within the self storage industry. Seasonal prices are often even more extreme in college towns, where students book a large number of self storage units during their summer vacation.
Seasonality is not particularly pronounced in Daytona Beach, meaning that month-to-month prices vary less than they do elsewhere. Despite the low level of seasonality, those looking for a self storage unit may still want to lock in their price at the time of booking. Storage prices are at their highest in Daytona Beach during the month of March, where they hit an average price of $115.06, while prices are at their lowest in April, where they go for a low $32.08 a month.
Is self storage in Daytona Beach cheap?
It's not uncommon for another community a few miles down the road to offer substanial savings on storage compared to the rates in your community. It could indeed be that a facility just a mile or two outside of town offers a much lower rate, but you won't find that facility unless you include a wider area in your search. To some, the greater distance to the facility is worth the greater savings. However, if self-storage (often called mini storage or public self storage) in Daytona Beach is relatively cheap for the area then searching farther afield might do little good. So how do prices in Daytona Beach stack up to the rest of the state?
An average price of $51.99 a month for a storage unit makes Daytona Beach the 128th most expensive city in Florida for self-storage, while Florida itself is the 15th most expensive state. In general, storage units in Daytona Beach go for $26.64 less than the state average of $78.63.
But average prices don't necessarily tell you how affordable storage is in a given city, as money goes further in some states than it does in others. In order to establish some kind of index of affordability for Daytona Beach storage, we've developed a 'relative price' scale which takes the cost of living in terms of state median income into account. Given that the average price of a storage unit in Daytona Beach is $51.99 and the median income in Florida is $45,281.00 a year, we can determine that a storage unit would require 1.38% of a median earner's monthly paycheck. This is actually a very small percentage of monthly income to spend on a storage unit in Florida. Compared to other cities in the state, it ranks at the 25th percentile, making storage here very cheap.
Daytona Beach storage prices are relatively cheap on the national scale as well. When compared with national cities they rank in the 36th percentile. Expect to pay $20.16 less than the national average of $72.15 when searching for self storage in Daytona Beach.
THE BOTTOM LINE ON DAYTONA BEACH SELF STORAGE:
Searching for a super cheap self storage unit in Daytona Beach, FL? You'll find the best bargains on storage during April within the 32119 ZIP code. The worst time of the year to look for storage is March, when storage prices reach their climax, and beware that the 32128 area is the most expensive in Daytona Beach for storage.