It's often true that certain areas in a city offer much lower storage rental rates than others. A great way of scoring a dirt-cheap storage unit is expanding the area in which you're searching. The sum you'll save each month could totally be worth the extra drive, especially if you'll only need to visit your unit on the rare occasion. If self-storage (often known as public self storage and mini storage) in Shreveport is more expensive than elsewhere, then you should definitely broaden your search. So we asked our analysts to find out.
With its average price of $41.83 a month for a unit, Shreveport is the 35th most expensive city for self-storage in the state of Louisiana, which itself is the 19th most-expensive state for storage. In more exact terms, storage in Shreveport costs an average of $33.34 less than the average storage unit in Louisiana, which goes for 75.17.
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. A storage unit in Shreveport will on average cost 1.24% of a median earner's monthly income, given that the yearly median income in Louisiana is $40,599.00. As a percentage of monthly income this is very cheap compared to other cities in Louisiana, ranking at the 17th percentile statewide, allowing us to say that storage in Shreveport is extremely affordable.
The same holds true on a national scale, where storage in Shreveport is comparatively relatively cheap, ranking at the 28th percentile among cities nationwide. Nationwide, storage costs an average $72.15 a month. Expect to pay about $30.32 less than that for self storage in Shreveport.
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. 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. Sometimes called 'National Moving Day' or 'Crazy Tuesday', the day following Memorial Day is typically the busiest for storage businesses and the highest point of the high season. 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.
Shreveport isn't nearly as affected by seasonal change as most other cities are, the average price of storage remaining relatively stable throughout the year. But even if price changes are less of a risk in Shreveport, locking in a rate is almost always a smart, safe move. January is the least expensive month for storage in Shreveport, with an average price of $41.83 for a storage unit. July is the most expensive month, when storage goes for an average rate of $77.7.
A greater number of storage facilities equates to more available storage space, so the number of facilities operating in your city will be one of the most important factors in your storage search. So how many storage facilities are there in Shreveport?
Industry experts at SelfStorage.com estimate that there are approximately 42 storage facilities servicing the Shreveport, LA community. When compared to other cities in Louisiana, there are a very large number of facilities operating in Shreveport. The average Louisiana city is home to only 11 facilities, 31 less than in Shreveport. Shreveport also boasts the 3rd highest count of storage facilities out of all 42 cities in Louisiana, making up 8.77% of the state's facility count. Even by national standards, Shreveport boasts a large number of facilities, 33 more than the national average of 9 facilities in each city.
But of course, comparing Shreveport to other cities in Louisiana or across the nation regardless of population tells us very little. How, then, does Shreveport with its 199,244 people compare to cities of a like size? As it turns out, Shreveport actually does have a large amount of storage space for its size. Nationwide, cities with populations of 100,000 to 250,000 have an average 18 storage facilities, which is of course 24 less than the 42 found in Shreveport. One may of course argue that measuring Shreveport against cities of a like size isn't the best yardstick and does not prove that there are plenty of storage facilities for the number of people who live there. In order to address these concerns we've looked at Shreveport's facilities per person, which seems to have validated our former conclusions. With 42 facilities for its 199,244 residents, Shreveport ranks in the 51st percentile for self-storage facilities per person in cities nationwide. In other words, there's a pretty good amount of storage for each person in Shreveport. But if Shreveport appeared to have a large amount of storage space for a city on the national scale, it doesn't in Louisiana, where it only ranks in the 24th percentile.
It's worth mentioning that Shreveport has seen its population shrink in recent years, its population dwindling by 0.6% from the 2000 census to the 2010 census. During that same period, however, the state of Louisiana actually saw a population increase of 1.4%. Although demand for storage might be lower in Shreveport compared to other cities due to its lower rate of growth, keep in mind that the city still has fewer facilities per capita than most other cities in Louisiana.
Storage prices often follow real estate trends, which means that certain areas of Shreveport can be significantly more or less expensive than others. You'll find the best prices on storage in the 71107 ZIP code, which averages $72.50 a month for a storage unit. The costliest part of town to rent storage in is the 71108 ZIP code, where rates average $145.37 per month.
Finding the best price on a storage unit in Shreveport can be tough if you don't know what a good price is. You can't even use past experiences booking storage elsewhere, as average prices will be totally different in other cities, even other cities in LA. That's why we've had our analysts at SelfStorage.com analyze all the data you might need to find a cheap unit in Shreveport.
Expect to pay an average of $41.83 a month for a storage unit in Shreveport. That monthly rate would come out to a yearly rate of $501.96, should you be thinking of renting long term. Note, however, that that figure is the average for all sizes taken together, and so shouldn't be used as the basis for your storage search. Prices for different unit sizes are, of course, quite different from one another. There are six standard sizes of storage units in Shreveport, including: 5x5, 5x10, 10x10, 10x15, 10x20, and 10x30. Below you'll find the average price by each size:
|Storage Unit Size||Average Price in Shreveport, LA|
Attempting to find an especially cheap self storage unit in Shreveport, LA? January is the least expensive month for storage, and the least expensive units are located in the 71107 ZIP code. The worst month to look for storage is July, when storage prices reach their climax, and be attentive to the fact that the 71108 area is the most expensive part of town for storage.
Shreveport, LA self storage typically costs between $27 and $209 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, Shreveport had an average home value of $161,500 which in the past year is up 0.005%.