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. National Moving Day (the day following Memorial Day) is typically seen as the first real day of the high season and is often the busiest day of the year for storage facilities. College students looking for a place to keep their things during the summer holiday can also have an effect on high season prices, pushing up prices on smaller units in particular, which is something to keep in mind if you live in a college town.
Seasonal highs and lows are notably more extreme in Kailua Kona than they are in other cities on the SelfStorage.com network, with month-to-month prices changing more significantly. Those looking for storage here should try to hedge against these fluctuations by locking in their monthly rate. Shop for self storage in Kailua Kona during July to get the best price, when units go for an average of $0. Prices reach their highest in April, which at an average price of $275 a month you might want to avoid.
It's nearly impossible to know what a good monthly rate on a storage unit is if you don't know what kind of prices to expect in Kailua Kona. Since storage prices can change dramatically from one town to the next, the only real comparison you can make is with other facilities in the immediate area. But there's no reason to worry, as we've gone ahead and calculated all the necessary data so that you can begin your storage search with a firm knowledge of the local industry.
The average rental rate of a self storage unit in Kailua Kona is $102.25 a month. At that rate, staying in a unit for a year would cost about $1227, in case you need storage for a long period of time. Don't, however, put too much weight on that number, as it does not discriminate by unit size. The prices you'll actually see on units will largely depend upon their size. The standard sizes of storage units in Kailua Kona are: 5x5, 5x10, 10x10, 10x15, 10x20, and 10x30. Here are the average monthly rental prices for each unit size:
|Storage Unit Size||Average Price in Kailua Kona, HI|
Some of the most successful storage finds occur when the storage seeker includes nearby towns, suburbs, and neighborhoods in their search. Storage facilities just on the periphery of your current search might have some great rental rates, and you'll only find them if you search a little more broadly. Though you may have to travel farther to access your unit, the additional savings might just be worth it. However, if self-storage (often called mini storage or public self storage) in Kailua Kona is relatively cheap for the area then searching farther afield might do little good. So how do prices in Kailua Kona stack up to the rest of the state?
Kailua Kona's average price of $102.25 a month for a unit ranks it as the 4th most expensive city for self-storage in Hawaii, which itself ranks as the 3rd most expensive state for storage. To give you a better idea of what this means, Kailua Kona's average price is $0.87 more than the state average of $101.38.
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. In Hawaii, the median income is $60,232.00 a year, which would make the average $102.25 unit in Kailua Kona cost 2.04% of a median earner's monthly income. When compared to storage price as a percent of income in other cities in Hawaii, Kailua Kona ranks in the 75th percentile, which means that self-storage here is quite expensive.
If we measure according to the national scale and compare it to cities across the country, self-storage rates in Kailua Kona are still somewhat expensive, ranking at the 69th percentile in terms of relative expense. Expect to pay $30.10 more than the national average of $72.15 when searching for self storage in Kailua Kona.
Finding storage is a game of numbers, and one important number is that of the amount of storage facilities in your city. More facilities bring more options, so the odds of finding the perfect unit increase as the number of facilities in your area does. So how many storage facilities are there in Kailua Kona?
In total, 8 Kailua Kona storage businesses have listed themselves on our self-storage facility network. When compared to other cities in the state, Kailua Kona offers a slightly-higher number of facilities, 4 more than the state average of 4 per city. If we were to rank Kailua Kona among the other 13 cities in Hawaii, it would come out as the 2nd largest market for self storage, accounting for a surprising 15.1% of all facilities in the state. Outside of Hawaii, however, the story is different: Kailua Kona's 8 facilities put it 1 lower than the national average of 9.
Since, however, there are huge disparities in population between Kailua Kona and other cities in Hawaii, comparing the number of storage businesses in each tells us very little. Do the 8 self storage facilities in Kailua Kona offer the 11,975 people living there enough extra storage space? How does Kailua Kona compare to similarly-sized cities? For its population, Kailua Kona has a few more facilities than average. The average for cities with a population of 10,000 to 25,000 is 6 facilities, which of course is 2 less than the 8 in Kailua Kona. We've further strenthened Kailua Kona's relative surplus of storage space by examining its per capita count of facilities. The 11,975 people who call Kailua Kona home should have little trouble finding the extra storage space they need, as the city's facilities per capita rank it in the 83rd percentile nationwide, indicating a very high number of storage businesses. And just as Kailua Kona ranks high for storage space per capita on a national scale, it also has a large number of storage businesses for a city in Hawaii, placing at the 83rd percentile.
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, Kailua had an average home value of $1,125,000 which in the past year is up 0.084%.