Tampa, FL Self Storage: FAQ
With a sunny climate, a growing economy, an enthusiastic sports culture, and some of the country's best beaches a short distance away, Tampa is a great city to call home. That's probably not news to you, should you be a current or potential Tampanian, but do you know which ZIP code offers the lowest prices on self storage in Tampa?
Are self storage prices in Tampa, FL lower in certain seasons? Should I book my unit in the spring, summer, fall or winter to get the best deal?
Prices on self storage units can change dramatically from month to month over the course of the year, spiking higher or dipping lower depending on the season. The high season lasts from late spring to late summer, the most popular period for those moving into a new home. The single busiest day of the high season is typically National Moving Day, also called 'Crazy Tuesday' by storage facility operators for the amount of activity they see that day, which is the day after Memorial 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.
Tampa self storage prices on average change very little throughout the year relative to other cities, making seasonal price changes less of a worry for renters. Even so, it's often a good idea to book at the lowest price and then lock in that rate with the facility. Those looking for self storage in Tampa will find the lowest prices in April, with its average price of $45.07. June, however, is the most expensive month, averaging $71.33.
Is self storage in Tampa pricey?
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. That's why those looking for the best deal on a storage unit should expand the area of their search as far and wide as possible. 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. We've had our analysts go over the data on self-storage (sometimes known as public self storage or mini storage) in Tampa to see how it compares with other cities in its state.
With its average price of $46.57 a month for a unit, Tampa is the 136th most expensive city for self-storage in the state of Florida, which itself is the 15th most-expensive state for storage. In general, storage units in Tampa go for $32.06 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. 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. Given that the average price of a storage unit in Tampa is $46.57 and the median income in Florida is $45,281.00 a year, we can determine that a storage unit would require 1.23% 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 20th percentile, making storage here very cheap.
The same holds true on a national scale, where storage in Tampa is comparatively relatively cheap, ranking at the 27th percentile among cities nationwide. The national average monthly price of a storage unit is $72.15. Depending on the size of unit you rent and the time of year, you should expect to pay approximately $25.58 less than that for self storage in Tampa.
How much storage space is there in Tampa? Will it be easy to find a good facility?
The more facilities there are in the area you're searching, the more options you'll have. When it comes to the number of facilities operating in Tampa, how many options are available?
According to our estimates, there are approximately 73 storage businesses operating facilities in Tampa. How does that number compare to other communities? It's a full 63 facilities more than the average city in Florida, where there are an average 10 facilities in each city. This ranks Tampa as the 2nd largest storage market out of 173 Florida cities in terms of number of facilities, making up 4.42% of the state's total. But what about on a national scale? Even then, Tampa has more storage facilities than the average city, 64 more than the average 9, to be exact.
On the other hand, comparing the total number of storage facilities in one city to another irrespective of the number of people that live in each city makes little sense, even when we're comparing Tampa to other cities in Florida. So how does Tampa, with its population of 343,890, compare to cities with similar populations? Comparing Tampa to other cities in the 250,000 to 1,000,000 population bracket, we find that Tampa has a few more facilities than average. That bracket's average is 49 facilities per city, 24 less than what can be found in Tampa. One may of course argue that measuring Tampa against cities of a like size isn't the best yardstick and does not prove that there are plenty of storage facilities for the number of people who live there. In order to address these concerns we've looked at Tampa's facilities per person, which seems to have confirmed our former conclusions. With 73 facilities for its 343,890 residents, Tampa ranks in the 51st 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 Tampa. How does Tampa compare to its neighbors in Florida? It seems that even compared to other cities in Florida, Tampa still has a large amount of storage space on offer for its population, as it sits in the 50th percentile for facilities per capita.
Our discussion of facilities per capita can't be completed without mentioning Tampa's modest population growth from 2000-2010, a period over which it took on 13% more people. That's a 4.6%-lower growth rate than Florida, which grew by 17.6%, saw as a whole. Add that low rate of growth to the fact that Tampa also has a high number of facilities per capita, and you get what appears to be an excellent place to find a storage unit.
How much should I expect to pay per month for my Tampa self storage unit?
Before you go out looking for a cheap storage unit in Tampa, it's important that you know how much a unit in Tampa ususally costs. Since unit prices can change dramatically from one city to the next, the only real measure you have is other facilities in the immediate area. But there's no need to worry: we here at SelfStorage.com have all the data to help you go into your storage search well-informed.
In Tampa the average monthly rental rate for a storage unit is $46.57. At those rates, a year-long stay in a unit will cost about $558.84, in case your storage needs are more long term. Note, however, that that figure is the average for all sizes taken together, and so shouldn't be used as the basis for your storage search. You can, after all, end up paying twice as much for the larger unit sizes than the smaller sizes. The standard sizes of storage available in Tampa include 5x5, 5x10, 10x10, 10x15, 10x20, and 10x30. The average prices for each are:
|Storage Unit Size||Average Price in Tampa, FL|
Which areas of Tampa are cheapest for renting storage? Which areas are the most high-priced?
Just as home prices will differ from neighborhood to neighborhood in Tampa, so will self-storage rates. Look for a cheap unit in the 33634 ZIP code, where the average price of $67.64 is the lowest in Tampa. Storage prices are highest within the 33626 ZIP code of Tampa, where rentals average $165.76 a month.
TAMPA SELF STORAGE: THE BOTTOM LINE
Are you trying to book a decidedly cheap self storage unit in Tampa, FL? You'll find the best bargains on storage during April within the 33634 ZIP code. The worst month to look for storage is June, when the cost of storage is at its apogee and beware that the 33626 area is pricier than other areas.