If you do your comparison shopping for storage units a few months from now, you might be surprised to see that prices have changed. That's because the self storage market is highly seasonal. This seasonality is primarily driven by moving season, which lasts from May to September and generally causes storage prices to spike. 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. 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.
Those looking for storage in Joliet shouldn't have to worry as much about seasonal prices swings, as according to our data these swings are much less extreme here than elsewhere. If you'd still like to play it safe, which of course is always a good idea, one way to guard against seasonal price changes is by setting up an agreement with the facility to pay a single rate for your entire rental period. Storage prices are at their highest in Joliet during the month of January, where they hit an average price of $87.67, while prices are at their lowest in September, where they go for a low $41.31 a month.
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. A great way of scoring a dirt-cheap storage unit is expanding the area in which you're searching. To some, the greater distance to the facility is worth the greater savings. If self-storage (often known as public self storage and mini storage) in Joliet is more expensive than elsewhere, then you should definitely broaden your search. So we asked our analysts to find out.
Joliet is the 38th most expensive city for self storage in the state of Illinois, with the average price of a storage unit there coming in at $87.67. Illinois itself is the 12th most expensive state for storage. To give you a better idea of what this means, Joliet's average price is $3.31 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. In Illinois, the median income is $51,483.00 a year, which would make the average $87.67 unit in Joliet cost 2.04% of a median earner's monthly income. This is a relatively-large percentage of income compared to other cities in Illinois, ranking in at the 67th percentile statewide. We have to conlude from this that storage in Joliet is somewhat expensive.
If we measure according to the national scale and compare it to cities across the country, self-storage rates in Joliet are still somewhat expensive, ranking at the 69th percentile in terms of relative expense. 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 $15.52 more than that for self storage in Joliet.
You'll have a hard time telling a good price on storage from a great price when you're unfamiliar with how much self storage in Joliet typically costs to begin with. Being that the average price of storage unit can be different by hundreds of dollars between two cities in the same state, any past experiences booking storage elsewhere will help you little in figuring out how much you should pay. 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 $87.67 a month for self storage in Joliet. If your storage needs are longer-term, keep in mind that that would equate to an average price of $1052.04 per year. Don't, however, put too much weight on that number, as it does not discriminate by unit size. The price gap between the smallest unit sizes and the largest can be very significant. Self storage in Joliet comes in these standard sizes: 5x5, 5x10, 10x10, 10x15, and 10x20. Below you'll find the average monthly price per size:
|Storage Unit Size||Average Price in Joliet, IL|
Certain areas of Joliet can be significantly cheaper or more expensive for storage than others. Storage is cheapest in the 60435 ZIP code in Joliet, where the average rental price is $83.64. The costliest part of town to rent storage in is the 60436 ZIP code, where rates average $102.56 per month.
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 Joliet?
Based on our data, we estimate that there are about 10 storage facilities doing business in the Joliet, IL area. Other cities in Illinois are home to an average 5 facilities, 5 less than Joliet, meaning Joliet's storage coverage is slightly-higher than average. Joliet also boasts the 9th highest count of storage facilities out of all 119 cities in Illinois, making up 1.72% of the state's facility count. Even by national standards, Joliet boasts a large number of facilities, 1 more than the national average of 9 facilities in each city.
But of course, comparing Joliet to other cities in Illinois or across the nation regardless of population tells us very little. How, then, does Joliet with its 147,648 people compare to cities of a like size? Joliet comes in a little bit below the mark, as it turns out, offering fewer facilities than is average for a city its size. Other cities with populations of 100,000 to 250,000 offer an average of 18 facilities, 8 more than Joliet does. When we next look at Joliet's actual per person self-storage facility count, our former conclusions seem to be supported beyond any reasonable doubt: the Joliet community has few facilities for its size. With 10 storage businesses serving a community of 147,648, Joliet ranks in the 15th percentile for facilities per capita in cities nationwide. In other words, there's not a ton of extra storage space in Joliet, which may make your search for the perfect unit a more trying task. Is Joliet still relatively low on storage space compared to other cities in Illinois? Indeed, it seems as if it is, as Joliet only ranks in the 26th percentile for per capita storage space among cities in Illinois.
In discussing facilities per capita, we also feel that we should mention the fact that Joliet's population is growing, and by a significant margin. Its population saw a 36.4% increase in the first decade of this century, which is 33.1% more than the 3.3% increase the whole state of Illinois experienced. But of course, a surging population isn't the only reason to think that storage in Joliet might be in high demand: combine that with a low number of facilities per person and you've got a recipe for a red-hot storage market.
Trying to locate an ultra inexpensive self storage unit in Joliet, IL? September is your best bet for renting cheap storage, while units are cheapest in the 60435 ZIP code. The worst time of the year to look for storage is January, when storage prices reach their climax, and be cognizant of the fact that the 60436 area is more expensive than other areas.
Joliet self storage typically costs between $50 and $144 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, Joliet had an average home value of $100,000 which in the past year is up 0.072%.