Fort Lauderdale, FL Self Storage: FAQ
What are the cheapest months to rent storage in Fort Lauderdale, FL? Which months are most expensive?
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. The high season typically begins in April or May and lasts till August or September, with prices dropping back down to their lowest in the late fall and winter. 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.' If you're looking for a storage unit in a location with a large student population, be aware that your high season might see an even greater lift in prices than elsewhere, as students often book a large number of units during the summer.
Seasonal highs and lows are less extreme in Fort Lauderdale than they are in other cities on the SelfStorage.com network, with prices staying relatively level throughout the year. 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. The best month to go searching for storage in Fort Lauderdale is January, when the average unit goes for a low $38.3 a month. The worst month, on the other hand, is September, when units hit a high of $110.06.
Where can I reserve the best rental rates on self-storage units in Fort Lauderdale, Florida?
Just as home prices will differ from neighborhood to neighborhood in Fort Lauderdale, so will self-storage rates. You'll find the best prices on storage in the 33322 ZIP code, which averages $107.29 a month for a storage unit. The costliest part of town to rent storage in is the 33309 ZIP code, where rates average $637.50 per month.
What's the average price of a storage unit in Fort Lauderdale?
Before you go out looking for a cheap storage unit in Fort Lauderdale, it's important that you know how much a unit in Fort Lauderdale ususally costs. Your past experiences booking storage in other cities will be of little help here, as the average price of a storage unit in one city could be $100 higher than the next. That's why the analysts at SelfStorage.com have crunched the numbers so that you can know what to expect before you begin your storage search.
Expect to pay an average of $38.3 a month for a storage unit in Fort Lauderdale. That's $459.6 a year, for those of you whose storage needs are of a lengthier nature. That average doesn't discriminate by size, so it shouldn't be taken as an extremely accurate figure. As you might expect, monthly rates will change depending on the size of the unit you choose. There are six standard sizes of storage units in Fort Lauderdale, including: 5x5, 5x10, 10x10, 10x15, and 10x20. For each standard size, the average price in Fort Lauderdale is:
|Storage Unit Size||Average Price in Fort Lauderdale, FL|
Are storage prices in Fort Lauderdale relatively low?
Sometimes storage prices in the next town or suburb over are significantly cheaper than those in your immediate area. One of the best pieces of advice we can give customers looking for the cheapest storage in their area is to expand the breadth of their search. This might make it more difficult to access your unit, but the extra money in your pocket every month may just be worth it. If self-storage (often known as public self storage and mini storage) in Fort Lauderdale 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 $38.3 a month for a unit, Fort Lauderdale is the 153rd most expensive city for self-storage in the state of Florida, which itself is the 15th most-expensive state for storage. When searching for storage in Fort Lauderdale, expect to pay $40.33 less than Florida's average price 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. That's why we've developed a 'relative price' scale that takes state median income into account. Given that the average price of a storage unit in Fort Lauderdale is $38.3 and the median income in Florida is $45,281.00 a year, we can determine that a storage unit would require 1.01% 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 9th percentile, making storage here very cheap.
The same holds true on a national scale, where storage in Fort Lauderdale is comparatively very cheap, ranking at the 15th percentile among cities nationwide. Expect to pay $33.85 less than the national average of $72.15 when searching for self storage in Fort Lauderdale.
Is there a sizeable supply of storage space available in Fort Lauderdale? Should I expand my search into nearby towns and suburbs?
A greater number of storage facilities equates to more available storage space, so the number of facilities operating in your city will be one of the most important factors in your storage search. How many facilties are operating in Fort Lauderdale?
According to our estimates, there are approximately 49 storage businesses operating facilities in Fort Lauderdale. 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, 39 less than Fort Lauderdale. Fort Lauderdale also boasts the 6th highest count of storage facilities out of all 173 cities in Florida, making up 2.97% of the state's facility count. Does Fort Lauderdale perform as well against other cities outside of its state? In fact it does, as its 49 facilities put it 40 above the national average of 9 per city.
'But what about self storage facilities per capita?', you might be thinking. Comparing Fort Lauderdale to other cities in Florida irrespective of population does, indeed, make little sense. The population of Fort Lauderdale, FL is 184,892. With 49 self-storage facilities, does Fort Lauderdale offer relatively good or bad storage coverage? Other cities in the 100,000 to 250,000 population bracket have an average 18 storage facilities listed on our network, 31 fewer than Fort Lauderdale. By that number, we can confidently say that Fort Lauderdale, FL has plenty of extra storage space. One might point out that comparing Fort Lauderdale to cities of a similar size doesn't prove its healthy supply of storage space for the size of the population, and that a better measure would be actually looking at its facilities per capita. Well, we have, and it has firmly corroborated our former results. With 49 facilities for its 184,892 residents, Fort Lauderdale ranks in the 57th percentile for self-storage facilities per person in cities nationwide. In other words, there's a pretty good amount of storage for each person in Fort Lauderdale. Is Fort Lauderdale 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 57th percentile among cities in Florida.
We feel we should also mention the fact that Fort Lauderdale has seen moderate population increases in the past decade, jumping 8% from 2000 to 2010. That's not an inconsequential increase, however it is 9.6% less than the 17.6% growth the state of Florida saw in total. Add that low rate of growth to the fact that Fort Lauderdale also has a high number of facilities per capita, and you get what appears to be an excellent place to find a storage unit.
SELF STORAGE IN FORT LAUDERDALE, FL: THE BOTTOM LINE
Are you hunting for an astoundingly-cheap self storage unit in Fort Lauderdale, FL? January is the best month to conduct your search for storage, while the most inexpensive place to find a unit is the 33322 ZIP code. The worst time to search for storage is during September, when prices are at their acme, and beware that the 33309 area is the most expensive part of town for storage.