Self Storage in Delray Beach, FL: Frequently Asked Questions
What's a typical price for a storage unit in Delray Beach?
If this is your first time searching for a storage unit in Delray Beach you might not know what kind of prices to expect. Average prices varying as they do from place to place, the only valuable comparison you can make is with other storage facilities in the area. In order to prevent you from going into your storage search unprepared, we here at SelfStorage.com have prepared the numbers you need to know.
In Delray Beach the average monthly rental rate for a storage unit is $73.58. If your storage needs are of a longer term, remember that at those rates you'll be paying approximately $882.96 a year. However, it's important to note that this is the average for all storage unit sizes. The actual price will largely depend upon the size of unit you're looking for. Storage units in Delray Beach come in these standard sizes: 5x5, 5x10, 10x10, 10x15, and 10x20. The following are the average prices for each size:
|Storage Unit Size||Average Price in Delray Beach, FL|
What's storage facility coverage like in Delray Beach, FL? Are there plenty of facilities to choose from, or only a few?
When it comes to finding self-storage, the more really is the merrier: more storage businesses in your area means more unit options available, and more options mean a greater chance you'll be able to choose a unit that satisfies your storage needs. In terms of the number of storage businesses in Delray Beach, are there plenty of options available, or few?
There are 12 total storage facilities in Delray Beach, FL on the SelfStorage.com network. If we compare this to other cities in Florida, which average 10 facilities per city, Delray Beach offers 2 more--quite the substantial number. If we were to rank Delray Beach among the other 173 cities in Florida, it would come out as the 39th largest market for self storage, accounting for a surprising 0.73% of all facilities in the state. Outside of Florida, Delray Beach still has a sizeable supply of storage facilities, 3 more than the 9 that other cities across the nation average.
Since, however, there are huge disparities in population between Delray Beach and other cities in Florida, comparing the number of storage businesses in each tells us very little. How, then, does Delray Beach with its 64,691 people compare to cities of a like size? Comparing Delray Beach to other cities in the 50,000 to 100,000 population bracket, we find that Delray Beach has a few more facilities than average. That bracket's average is 11 facilities per city, 1 less than what can be found in Delray Beach. Our conclusion that Delray Beach has plenty of facilities for its population, however, seems to be contradicted by its per capita facility count. Per person, Delray Beach ranks in the 47th percentile for self-storage facilities among cities across the nation. That means that 12 storage businesses serving a city of 64,691 people isn't a very high number, and indicates that finding the necessary storage space in Delray Beach could be more difficult than in other cities. Among cities in Florida, Delray Beach ranks in the 44th percentile for storage facilities per capita, meaning that even compared to its neighbors in Florida, Delray Beach offers its population a relatively low amount of self-storage space.
We feel we should also mention the fact that Delray Beach has seen moderate population increases in the past decade, jumping 7.2% from 2000 to 2010. That's not an inconsequential increase, however it is 10.4% less than the 17.6% growth the state of Florida saw in total. But even if Delray Beach isn't seeing a precipitous rise in population, remember that it still does have relatively few storage businesses for its current population.
Is self storage in Delray Beach cheap?
It's often the case that storage prices can swing to the opposite end of the spectrum within a few blocks in the same city, just as real estate values are liable to do. By widening the breadth of your search, you'll open yourself up to even more facilities and a greater range of possibilities. 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 Delray Beach to see how it compares with other cities in its state.
With its average price of $73.58 a month for a unit, Delray Beach is the 75th most expensive city for self-storage in the state of Florida, which itself is the 15th most-expensive state for storage. To give you a better idea of what this means, Delray Beach's average price is $5.05 less than the state average of $78.63.
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 Delray 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 Delray Beach is $73.58 and the median income in Florida is $45,281.00 a year, we can determine that a storage unit would require 1.95% of a median earner's monthly paycheck. This is a somewhat-large percentage of income compared to other cities in Florida, ranking in at the 56th percentile statewide. We have to conlude from this that storage in Delray Beach is relatively expensive.
In addition, storage in Delray Beach is also somewhat expensive on the national scale, ranking at the 66th percentile compared to other cities across the nation. Expect to pay $1.43 more than the national average of $72.15 when searching for self storage in Delray Beach.
Do Delray Beach, FL self storage rental rates change depending on the time of year? If so, which months are the most and least expensive?
One of the most prominent factors involved with finding a cheap storage unit is the time of year you go searching for that unit, as storage prices change due to seasonal demand. 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 following Memorial Day is typically the busiest of the high season, and is known in the industry as 'National Moving Day' and 'Crazy Tuesday for the number of people who decided to move and rent storage on that day. 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.
Our data shows that the average price of a storage unit does not change throughout the year in Delray Beach to the same degree as it does in most cities, so seasonality should be less of a hassle for those looking for storage in Delray Beach. However, even though prices are less likely to change dramatically in Delray Beach, locking in a rate for your entire stay often allows you to bargain the total price down. With its average price of $26.61, November is the cheapest month to book storage in Delray Beach. With an average price of $109.11, June is the most expensive month to rent storage in Delray Beach.
Which ZIP codes in Delray Beach have the lowest prices on storage units? Which have the steepest rates?
Just as real estate prices do, storage prices can change from one block in Delray Beach to the next. Look for a cheap unit in the 33484 ZIP code, where the average price of $91.18 is the lowest in Delray Beach. Delray Beach's most expensive neighborhood for storage lies within the 33483 ZIP code, where storage rental rates are an average $127.85 a month.
DELRAY BEACH SELF STORAGE: THE BOTTOM LINE
Trying to locate an unbeleivably-low rate on a self storage unit in Delray Beach, FL? November offers the lowest prices on storage, and the best place to look for inexpensive storage is in the 33484 ZIP code. Try not to start your search in June, when unit prices reach their year-long summit, and be warned that the 33483 area is the most expensive part of town for storage.