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. About how many storage facilties are serving the Homer Glen area?
There are 3 total storage facilities in Homer Glen, IL on the SelfStorage.com network. To put that into a little more perspective, that's 2 less than the average number of facilities for a city in Illinois, where cities possess an average 5 storage businesses each. It should come as litte surprise then that Homer Glen only ranks as the 57th largest storage market out of the 119 cities in Illinois, accounting for a mere 0.52% of the state's total facilities. Just as Homer Glen has a below-average number of storage facilities for a city in Illinois, the same is true on a national scale, where the city has 6 fewer facilities than the 9 that can be found in the average US city.
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 Homer Glen to other cities in Illinois. How, then, does Homer Glen with its 26,150 people compare to cities of a like size? Comparing Homer Glen to other cities in the 25,000 to 50,000 population bracket, we find that Homer Glen doesn't quite have as many self storage facilities as average. Other cities in that bracket average 7 facilities, while Homer Glen has 4 fewer. Per capita measures seem to have verified our conclusion that Homer Glen is in possession of few storage businesses for its size. Compared to cities across the US, Homer Glen ranks in the 30th percentile for storage facilities per person. In other words, there's not exactly a ton of extra storage space for its 26,150 inhabitants. Even for a Illinois city, Homer Glen doesn't seem to be inundated with an overabundance of self-storage space, as it only ranks in the 44th percentile for storage businesses per person among cities in the state.
Finally, according to US Census data, Homer Glen's population grew by 16.4% between the 2000 and 2010 censuses, a surprising 13.1% more growth than the 3.3% that Illinois grew as a whole. On top of the demand generated by an influx of new inhabitants, low levels of facilities per capita could drive demand for a storage unit in Homer Glen even higher.
Finding a great price on a storage unit in Homer Glen can be difficult if you don't know how much units in the area typically cost. Even though you may have booked storage units in other cities in the past, prices could be quite different in your current location, which makes it difficult to know what the standard price is. But you needn't fret, need to fret,as our analysts have sifted through the data and have all the figures on storage in Homer Glen that you might need.
Storage units in Homer Glen rent at an average monthly rate of $86.43. At that rate, staying in a unit for a year would cost about $1037.16, in case you need storage for a long period of time. 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. It's not uncommon for larger units to be more than twice as costly as the smaller sizes. Self storage in Homer Glen comes in these standard sizes: 5x10, 10x10, 10x15, 10x20, and 10x30. The average monthly rental rates for each are:
|Storage Unit Size||Average Price in Homer Glen, IL|
Self storage rates being as highly-dependent on the real estate market as they are, it should come as no surprise that prices can change dramatically within the space of a few miles. By widening the breadth of your search, you'll open yourself up to even more facilities and a greater range of possibilities. 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 Homer Glen is more expensive than elsewhere, then you should definitely broaden your search. So we asked our analysts to find out.
Homer Glen is the 39th most expensive city for self storage in the state of Illinois, with the average price of a storage unit there coming in at $86.43. Illinois itself is the 12th most expensive state for storage. In general, storage units in Homer Glen go for $2.07 more than the state average of $84.36.
But average prices don't necessarily tell you how affordable storage is in a given city, as money goes further in some states than it does in others. 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 Homer Glen is $86.43 and the median income in Illinois is $51,483.00 a year, we can determine that a storage unit would require 2.01% of a median earner's monthly paycheck. As a percentage of the local median income, storage costs rank at the 66th percentile among cities in Illinois, making Homer Glen more expensive than most cities.
If we measure according to the national scale and compare it to cities across the country, self-storage rates in Homer Glen are still somewhat expensive, ranking at the 68th percentile in terms of relative expense. To put that in more concrete terms, storage in Homer Glen should cost an average of $14.28 more than the national average price of 72.15.
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, Homer Glen had an average home value of $310,000 which in the past year is up 0.057%.