Twin Falls Self Storage Units and Mini Storage in Twin Falls, Idaho
Twin Falls, ID Self Storage: FAQ
Do prices on Twin Falls, ID self storage change depending on the time of year? Should I wait until a more ideal month to book a unit?
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. Storage seasonality is in synch with the moving seasons, which are at their highest in the late spring and summer, as a huge amount of storage demand is generated by people moving into new homes. 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.' Smaller unit sizes are often more strongly affected by seasonality, as college students make up a decent portion of those moving in the summer and tend to book 5x5 and 5x10 units.
Seasonal highs and lows are less extreme in Twin Falls than they are in other cities on the SelfStorage.com network, with prices staying relatively level throughout the year. Despite the low level of seasonality, those looking for a self storage unit may still want to lock in their price at the time of booking. Storage prices are at their highest in Twin Falls during the month of December, where they hit an average price of $100, while prices are at their lowest in August, where they go for a low $20 a month.
Is self storage in Twin Falls cheaper or more expensive than other cities in Idaho?
Much like real estate values, storage prices can be totally different on one side of a city as they are on another. This should be of little surprise given storage's conection to the real estate industry. By widening the breadth of your search, you'll open yourself up to even more facilities and a greater range of possibilities. Sure, it might be more of a pain to drive to the facility, but hundreds of dollars in potential savings might alleviate that. In order to help you know whether or not to expand your search, the analysts at SelfStorage.com have done the math to figure out whether self-storage (also called mini storage or public self storage) in Twin Falls is relatively more or less expensive than other cities.
An average price of $71.43 a month for a storage unit makes Twin Falls the 1st most expensive city in Idaho for self-storage, while Idaho itself is the 47th most expensive state. In more exact terms, storage in Twin Falls costs an average of $24.35 more than the average storage unit in Idaho, which goes for 47.08.
While average prices will give you a good idea of how much you should expect to spend, they don't necessarily tell us if storage is relatively affordable in that city. In order to establish some kind of index of affordability for Twin Falls storage, we've developed a 'relative price' scale which takes the cost of living in terms of state median income into account. In Idaho, the median income is $47,997.00 a year, which would make the average $71.43 unit in Twin Falls cost 1.79% of a median earner's monthly income. This is a very high percentage of income compared to other cities in Idaho, ranking in at the 100th percentile statewide, which leads us to conclude that storage in Twin Falls is not cheap.
When placed on a national scale and compared to cities across the country, storage prices in Twin Falls are still somewhat expensive, ranking at the 58th percentile in terms of relative expense. Nationwide, storage costs an average $72.15 a month. Expect to pay about $0.72 less than that for self storage in Twin Falls.
Is Twin Falls well-covered when it comes to the number of storage facilities? Or are my options to choose from few?
The more facilities there are in the area you're searching, the more options you'll have. So how many self-storage businesses are operating in Twin Falls?
Industry experts at SelfStorage.com estimate that there are approximately 12 storage facilities servicing the Twin Falls, ID community. Other Idaho cities have an average of 11 facilities on our network, 1 less than Twin Falls, which leads us to conclude that Twin Falls offers a moderately-high number of facilities. It should come as no surprise then that Twin Falls has the 5th-highest count of facilities out of all 11 cities on our network in Idaho, acting as home to 9.68% of facilities in Idaho. How does Twin Falls fare against cities outside of Idaho? On a national scale, it still has more facilities than the average city, 3 more than the average 9, to be more precise.
But of course, comparing Twin Falls to other cities in Idaho or across the nation regardless of population tells us very little. 42,741 people make Twin Falls their home. Is 12 a relatively high or low number of storage facilities for such a population? It turns out that Twin Falls actually does have a decent amount of storage space for its size, with a few more facilities than average. Cities with populations of 25,000 to 50,000 average 7 storage facilities, 5 fewer than in Twin Falls. We've further verified Twin Falls's relative surplus of storage space by examining its per capita count of facilities. The 12 facilities serving Twin Falls's 42,741 residents place it in the 59th percentile for self-storage facilities per capita nationwide, meaning that there's a pretty high amount of storage space for each person in Twin Falls. The same goes for Twin Falls when we compare it to other cities in Idaho: just as it achieves a high rank for per capita storage facilities versus cities nationwide, it ranks in the 60th percentile for cities in Idaho.
In discussing facilities per capita, we also feel that we should mention the fact that Twin Falls's population is growing, and by a significant margin. Its population saw a 22.2% increase in the first decade of this century, which is 1.1% more than the 21.1% increase the whole state of Idaho experienced. But even if the people moving into Twin Falls have created a higher demand for storage units, the city's high number of facilities per capita should help meet that demand.
How much should I expect my rental rates to be on my storage unit in Twin Falls, ID?
Figuring out if a certain storage facility's offered price is any good is a hard call to make if you don't know how much a unit in Twin Falls ought to cost in the first place. Since the average price of storage can be over $100 different between two cities in the same state, any past experiences booking storage elsewhere will be little help here. That's why, in order to make sure you go into your storage search as well-informed as possible, we've gone ahead and gathered the data for you.
Storage rentals in Twin Falls have an average montly rate of $71.43. Over the period of a year, that would cost approximately $857.16, in case you're thinking of renting for a longer period of time. However, it's important to note that this is the average for all storage unit sizes. You can, after all, end up paying twice as much for the larger unit sizes than the smaller sizes. Storage units in Twin Falls come in these standard sizes: 5x5, 5x10, 10x10, and 10x15. In Twin Falls, the average price for each standard size is:
|Storage Unit Size||Average Price in Twin Falls, ID|
SELF STORAGE IN TWIN FALLS, ID: THE BOTTOM LINEAre you seeking a super cheap self storage unit in Twin Falls, ID? Storage in Twin Falls is cheaper during the month of August, while prices hit their yearly high during December.
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, the average price of a home in Twin Falls is $155,000.
Top storage facilities in Twin Falls
Twin Falls, ID 83301
- Security Cameras
- 24 Hour Access
- Fenced & Lighted
- Free Truck
Twin Falls Self-Storage & Storage Units for RentShowing 1-1 of 1 results
Twin Falls, ID 83301
5x5 Unit||FREE Truck With Move-In! Pay 6 months, get 1 month FREE!||
4.5 out of 5 stars
Bach Self Storage - Twin Falls
Twin Falls, ID 83301
Distance: 2.5 miles
5' x 5': $23.00