Before you start your storage search in Arlington Heights, it's important that you know how much a unit in Arlington Heights typically costs. 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. That's why, in order to help you go into your storage search as knowledgeable as possible, we've had our storage analysts go over all the data on Arlington Heights we have available.
You should expect to pay an average of $209 a month for self storage in Arlington Heights. If your storage needs are longer-term, keep in mind that that would equate to an average price of $2508 per year. But before you go out and search for storage within the context of that figure, it's important to note here that that average price includes all standard sizes of storage units. Prices for the various unit sizes are, of course, very different from each other. The standard sizes of storage units available in Arlington Heights include 5x5, 5x10, 10x10, 10x15, 10x20, and 10x30. Here are the average monthly rental prices for each unit size:
|Storage Unit Size||Average Price in Arlington Heights, IL|
Storage rental rates are highly seasonal, with prices often fluctuating widely throughout the year. This seasonality, which is primarily generated by national moving patterns, hits its zenith in the late spring and early summer, and its nadir in the fall and winter. The single busiest day for self-storage businesses is typically the notorious 'National Moving Day' (which facility operators have dubbed 'Crazy Tuesday' for the chaotic scene at many facilities) the day after Memorial Day. College towns often see more radical seasonal swings, as their student populations drive demand on smaller units in particular up during the summer.
According to our data, seasonal changes in Arlington Heights have a particularly-high effect on storage prices. Those looking for storage here should try to hedge against these fluctuations by locking in their monthly rate. Those looking for self storage in Arlington Heights will find the lowest prices in April, with its average price of $99.33. October, however, is the most expensive month, averaging $349.
Finding the unit you need at the price you want has everything to do with what's available in your area, with more facilities offering more options. If I'm searching for storage in Arlington Heights, should I expect plenty of available storage facilities, or only a few?
Based on our data, we estimate that there are about 4 storage facilities doing business in the Arlington Heights, IL area. In Illinois, the average city is home to 5 storage businesses, a whole 1 more than what's offered in Arlington Heights, meaning you'll have fewer options in Arlington Heights than you might elsewhere in the state. Arlington Heights accounts for only 0.69% of facilities in Illinois, ranking as the 45th largest storage market out of all 119 cities in the state. The same goes when we put Arlington Heights on the national scale, where it has 5 facilities less than the national average of 9.
Since, however, there are huge disparities in population between Arlington Heights and other cities in Illinois, comparing the number of storage businesses in each tells us very little. So how does Arlington Heights, with its population of 73,153, compare to cities with similar populations? As it turns out, Arlington Heights is significantly below average versus storage facilities in similarly-sized cities. The average number of facilities in its population bracket (cities with populations of 50,000 to 100,000) is 11, while Arlington Heights has 7 less with its total 4 storage facilites. Arlington Heights may indeed be short on storage space. When we next look at Arlington Heights's actual per person self-storage facility count, our former conclusions seem to be confirmed beyond any reasonable doubt: the Arlington Heights community has few facilities for its size. For a city of 73,153, 4 self-storage facilities is not a high number at all: in fact, Arlington Heights only places in the 10th percentile for facilities per capita in United States cities, indicating a meager level of storage coverage. Among cities in Illinois, Arlington Heights ranks in the 15th percentile for storage facilities per capita, meaning that even compared to its neighbors in Illinois, Arlington Heights offers its population a relatively low amount of self-storage space.
In order to conclude our discussion of facilities per person, we think it's worth mentioning the fact that Arlington Heights has seen a decrease in the number of people who call it home in recent years. The 2010 census reported a 4.3% loss versus the 2000 census, indicating that more people are leaving the city than deciding to settle there. At the same time, however, Illinois as a whole saw its population rise by 3.3%. But even if Arlington Heights isn't seeing a precipitous rise in population, remember that it still does have relatively few storage businesses for its current population.
Some of the most successful storage finds occur when the storage seeker includes nearby towns, suburbs, and neighborhoods in their search. By expanding your search into areas you might not have thought to look, you might be able to happen upon some excellent deals. The longer trip to the facility could easily be worth the monthly savings, particularly if you only plan on accessing your unit occassionally. If self-storage (often known as public self storage and mini storage) in Arlington Heights is more expensive than elsewhere, then you should definitely broaden your search. So we asked our analysts to find out.
Arlington Heights's average price of $209 a month for a unit ranks it as the 7th most expensive city for self-storage in Illinois, which itself ranks as the 12th most expensive state for storage. To give you a better idea of what this means, Arlington Heights's average price is $124.64 more than the state average of $84.36.
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. We use our 'relative price' scale to calculate the relative affordability of storage in a given area using the state median income. Given that the average price of a storage unit in Arlington Heights is $209 and the median income in Illinois is $51,483.00 a year, we can determine that a storage unit would require 4.87% of a median earner's monthly paycheck. This is an extremely high percentage of income compared to other cities in Illinois, ranking in at the 94th percentile statewide. In other words, storage in Arlington Heights is nowhere near dirt cheap.
In addition to being very expensive at the state level, storage in Arlington Heights is also very expensive on the national scale, ranking at the 98th percentile when compared to other cities nationwide. Expect to pay $136.85 more than the national average of $72.15 when searching for self storage in Arlington Heights.
Arlington Heights, IL self storage typically costs between $42 and $299 a month. Storage is currently in stock.
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, Arlington Heights had an average home value of $290,000 which in the past year is up 0.116%.