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. So does Sterling Heights offer plenty of options when it comes to different storage facilities?
9 storage facilities in Sterling Heights, MI are listed on SelfStorage.com's facility network. On average, cities in Michigan have 6 facilities listed on our network, 3 less than Sterling Heights. This leads us to conclude that Sterling Heights has a somewhat-high number of facilities for being a city in Michigan. Sterling Heights accounts for a surprising 1.95% of all facilities listed in Michigan, coming in at 13th out of 73 cities in terms of facility count. Compared to other cities across the US, Sterling Heights's 9 storage facilities are perfectly average.
But of course, there are vast differences in population between Sterling Heights and other cities in Michigan, and even more so nationwide, so not controlling for population makes little sense. Are the 9 facilities in Sterling Heights sufficient at supplying the 127,176 people who call it home with enough extra storage space? Sterling Heights, as it turns out, has fewer storage facilities than is typical of a city its size. Cities with a population of 100,000 to 250,000 have an average 18 facilities, 9 more than Sterling Heights's 9. That Sterling Heights has few facilities for its size seems to be further corroborated when we look at Sterling Heights's actual per capita storage facility coverage. For a city of 127,176, 9 self-storage facilities is not a high number at all: in fact, Sterling Heights only places in the 16th percentile for facilities per capita in United States cities, indicating a meager level of storage coverage. Just as Sterling Heights offers little storage space per person on a national scale, the same goes when we compare the city to others in its state, where it only ranks in the 19th percentile for facilities per capita.
Another thing to take into consideration is the fact that Sterling Heights has seen a rise in population over the past few years, climbing 2% from 2000 to 2010. Michigan, however, has experienced quite the opposite, and faced a population loss of -0.6% over the same period. With a low level of storage facilities per capita and a high population growth rate, expect there to be a healthy demand for storage unit in Sterling Heights for years to come.
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. 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. 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. University towns often see the sharpest seasonal spikes, as college students rent a significant number of storage units when they go home during their summer break. Smaller sized units in particular will see a rise in price during this period.
The difference in price between high and low seasons is negligible in Sterling Heights, which experiences low seasonal effects, according to our data. Sudden seasonal price swings could of course still happen, and one of the best ways to prevent your rates from exploding is by locking them in for the entirety of your stay when you first sign the contract with the facility. With its average price of $27.75, February is the cheapest month to book storage in Sterling Heights. With an average price of $89.33, October is the most expensive month to rent storage in Sterling Heights.
Prices on self storage in Sterling Heights can change substantially with a few minutes drive in any direction. The 48312 ZIP code offers the best rates on storage in Sterling Heights, with an average price of $92.80 a month. On the other hand, the 48314 ZIP code is the most pricey area of Sterling Heights to rent a storage unit, with rental rates averaging $137.75 a month.
Before you start your storage search in Sterling Heights, it's important that you know how much a unit in Sterling Heights typically costs. With rental rates being as dependent upon the facility's location as they are, comparing prices at facilities in Sterling Heights with those in other cities you might have rented a storage unit in in the past will do you little good. 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.
Storage units in Sterling Heights rent at an average monthly rate of $76.33. If your're in need of storage for a longer term, remember that at that rate a unit will cost you approximately $915.96 a 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. In Sterling Heights you'll have the option of renting six standard storage unit sizes, such as 5x5, 5x10, 10x10, 10x15, 10x20, and 10x30. Below you'll find the average monthly price per size:
|Storage Unit Size||Average Price in Sterling Heights, MI|
Some of the most successful storage finds occur when the storage seeker includes nearby towns, suburbs, and neighborhoods in their search. It could indeed be that a facility just a mile or two outside of town offers a much lower rate, but you won't find that facility unless you include a wider area in your search. Depending on how often you'll need to access your unit, this could be the way to go. If self-storage (often known as public self storage and mini storage) in Sterling Heights is more expensive than elsewhere, then you should definitely broaden your search. So we asked our analysts to find out.
Sterling Heights is the 24th most expensive city for self storage in the state of Michigan, with the average price of a storage unit there coming in at $76.33. Michigan itself is the 26th most expensive state for storage. When searching for storage in Sterling Heights, expect to pay $8.16 more than Michigan's average price of $68.17.
These average prices don't necessarily tell you how affordable storage in one city is compared to another, as the cost of living changes from place to place. We use our 'relative price' scale to calculate the relative affordability of storage in a given area using the state median income. The median income in Michigan is $48,308.00, which means the average storage unit in Sterling Heights would require 1.9% of a median earner's monthly income. Compared to other cities in Michigan, this is a fairly-high percentage of income to spend on storage, ranking Sterling Heights in the 68th percentile statewide. This leads us to label the city as a somewhat expensive place to rent self-storage.
The same holds true on a national scale, where self-storage rates in Sterling Heights are comparatively somewhat expensive, ranking in at the 64th percentile among cities on our nationwide network. 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 $4.18 more than that for self storage in Sterling Heights.
Attempting to find a ridiculously cheap self storage unit in Sterling Heights, MI? February is the best time to find inexpensive storage, while the lowest rental rates will be located in the 48312 ZIP code. Try to avoiding looking for storage during October, when units cost the most, and be attentive to the fact that the 48314 area is more expensive than other areas.
Sterling Heights self storage typically costs between $39 and $169 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, Sterling Heights had an average home value of $155,000 which in the past year is up 0.168%.