It's often true that the same storage unit at the same storage facility will cost significantly more or less in April than it does in November. That's because self storage is a seasonal industry. Late spring to late summer is typically considered the high season, while fall, winter, and early spring are when prices are usually at their lowest. 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. In addition to families moving between homes, college students renting storage for the summer also contribute to demand during the high season, particularly in college towns.
Expect higher highs and lower lows during their respective seasons in Fayetteville, which data tells us is significantly more affected by seasonality than most other cities. The best way to keep seasonal changes at bay is to negotiate with the facility when you first book your unit for a single rate that will remain unchanged for the entire time you stay there. With its average price of $49, July is the cheapest month to book storage in Fayetteville. With an average price of $200, December is the most expensive month to rent storage in Fayetteville.
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. 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. Though you may have to travel farther to access your unit, the additional savings might just be worth it. That being said, if we can determine that self-storage (which also goes by mini storage and public storage) prices are lower in Fayetteville than in other nearby cities, we can make it easier for you to decide whether or not to take the time on a wider search.
With its average price of $69 a month for a unit, Fayetteville is the 25th most expensive city for self-storage in the state of Georgia, which itself is the 33rd most-expensive state for storage. In general, storage units in Fayetteville go for $5.98 more than the state average of $63.02.
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. In order to establish some kind of index of affordability for Fayetteville storage, we've developed a 'relative price' scale which takes the cost of living in terms of state median income into account. A storage unit in Fayetteville will on average cost 1.81% of a median earner's monthly income, given that the yearly median income in Georgia is $45,741.00. As a percentage of the local median income, storage costs rank at the 68th percentile among cities in Georgia, making Fayetteville more expensive than most cities.
Fayetteville self-storage prices are somewhat expensive on the national scale as well. When compared with cities on our national network they rank in the 59th percentile. 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 $3.15 less than that for self storage in Fayetteville.
Some communities are home to plenty of storage businesses, offering those looking for storage a wide variety of choices, while other communities are less-well served and may need to expand their search into neighboring cities and suburbs. So how many storage businesses are located in Fayetteville?
According to the data on our facility network, there are 8 storage businesses operating in Fayetteville, GA. 8 facilities isn't a very high number for a city in Georgia; in fact, it's 2 less than the 10 an average city in Georgia has on offer. It makes sense then that Fayetteville is only the 37th largest city for storage out of all 88 cities in Georgia listed on our network, containing only 0.93% of all facilities in the state. The same can be said for Fayetteville on a national scale as well, where it has 1 fewer than the nine facilities that can be found in the average American city.
But making comparisons between any cities, whether it be comparing Fayetteville to its neighbors in Georgia or on a national scale, isn't a very fruitful excercise when we ignore a city's population. Are the 8 storage facilities providing the 15,093 people living in Fayetteville with enough storage space? The average number of facilities listed on our storage network in cities with populations of 10,000 to 25,000 is 6. As Fayetteville's facility count beats that by 2, we can establish that Fayetteville has a bit more storage space than average for a city its size. When we next look at Fayetteville's actual per person self-storage facility count, our former conclusions seem to be corroborated beyond any reasonable doubt: the Fayetteville community has plenty of facilities for its size. On a storage facilities per capita basis, Fayetteville ranks in the 77th percentile nationwide, meaning that it has a very high number of facilities for each resident compared with other cities. When it comes to cities in Georgia, Fayetteville still has a comparatively-high level of storage space per capita, ranking in at the 59th percentile.
Another thing about Fayetteville we feel we should mention is that it's growing, and rapidly, having seen its population increase by 32.4% between the 2000 and 2010 census, a 14.1% higher growth rate than the 18.3% the state of Georgia experienced as a whole. Though this influx of new residents may have indeed created a greater demand for storage, keep in mind that Fayetteville still boasts an abundant number of facilities per capita, meaning that storage businesses seem to have been able to keep up with the added demand for units.
You'll won't have the easiest of times telling a good deal on storage in Fayetteville from a great one if you don't know what storage in Fayetteville usually rents for. With the average rental rate varying widely from place to place, the only truly valuable comparison you can make is with other storage facilities in the area. That's why our analysts have crunched the numbers so that you will be able to know what to expect before you begin your storage search.
You should expect to pay an average of $69 a month for self storage in Fayetteville. If you're considering a longer stay in your storage unit then at that rate you'd be paying approximately $828 per year. Nut before you take that figure as a definitive starting point, note that it is the average for all sizes taken together, and so shouldn't be used as the basis for your search. Units of different dimensions will of course go for different prices. The standard sizes of storage units available in Fayetteville include 5x5, 5x10, 10x10, 10x15, 10x20, and 10x30. For each standard unit size, the average rental rate in Fayetteville is:
|Storage Unit Size||Average Price in Fayetteville, GA|
Just as real estate prices do, storage prices can change from one block in Fayetteville to the next. The cheapest neighborhood for storage in Fayetteville is within the 72704 ZIP code, where prices average $74.04 a month. Fayetteville's most expensive neighborhood for storage lies within the 30214 ZIP code, where storage rental rates are an average $156.77 a month.
Hunting for a ridiculously inexpensive self storage unit in Fayetteville, GA? July offers the lowest prices on storage, while the cheapest area for storage is within the 72704 ZIP code. The worst month to look for storage is December, when the cost of storage is at its apogee and be conscious of the fact that the 30214 area is the most expensive part of town for storage.
If you’re considering buying/selling a home instead of renting, it’s crucial to find a storage unit that will last you through the purchase or sale process. Especially when, according to Zillow, Fayetteville had an average home value of $235,000 which in the past year is up 0.075%.