One of the most prominent factors involved with finding a cheap storage unit is the time of year you go searching for that unit, as storage prices change due to seasonal demand. 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 day following Memorial Day is typically the busiest of the high season, and is known in the industry as 'National Moving Day' and 'Crazy Tuesday for the number of people who decided to move and rent storage on that day. 5x5 and 5x10 units often see wider seasonal swings, primarily due to college students renting these smaller sizes when they leave town for the summer. College towns will be particularly affected by this.
Seasonal price effects are somewhat more noticeable in Woodbury than in other cities, so expect a decent amount of change between high and low seasons. To avoid these seasonal changes as much as possible, try to lock in a rate during the slow season that will remain unchanged through the high season. The lowest prices on self storage in Woodbury can be found during the month of February, with an average price of $62.27, while the most expensive month is August, with an average price of $169.
If you're new to searching for self storage in Woodbury you might not know what kind of prices should be expected. Past experience booking storage in other cities can be misleading, as average prices will be totally different in other cities--even other cities in MN. But don't worry: SelfStorage.com has all the data you need in order to go into your storage search well informed.
The average rental rate of a self storage unit in Woodbury is $77.57 a month. For you long-term storage seekers out there, that's about $930.84 per year. However, it is important that we note that this figure includes all storage unit sizes. As should be expected, monthly rates will be quite different depending on thedimensions of the unit you choose. In Woodbury you'll have the option of renting six standard storage unit sizes, such as 5x5, 5x10, 10x10, 10x15, and 10x20. By size, the average monthly rates in Woodbury are:
|Storage Unit Size||Average Price in Woodbury, MN|
Some of the most successful storage finds occur when the storage seeker includes nearby towns, suburbs, and neighborhoods in their search. Storage facilities just on the periphery of your current search might have some great rental rates, and you'll only find them if you search a little more broadly. You might have to spend more on gas getting out to that unit, but the savings you'll be building up could totally compensate for that. But on the other hand, if we can show that self-storage (commonly known as mini storage or public self storage) is cheaper in Woodbury than its surroundings, there's no reason to waste time looking elsewhere.
Woodbury's average price of $77.57 a month for a unit ranks it as the 8th most expensive city for self-storage in Minnesota, which itself ranks as the 10th most expensive state for storage. When searching for storage in Woodbury, expect to pay $10.81 less than Minnesota's average price of $88.38.
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 Minnesota is $55,896.00, which means the average storage unit in Woodbury would require 1.67% of a median earner's monthly income. When we compare this storage price as a percent of the local median income to other cities in Minnesota, we find that it ranks in the 70th percentile, making it a moderately expensive place to rent storage.
If we measure according to the national scale and compare it to cities across the country, self-storage rates in Woodbury are still somewhat expensive, ranking at the 53rd percentile in terms of relative expense. Nationwide, storage costs an average $72.15 a month. Expect to pay about $5.42 more than that for self storage in Woodbury.
Woodbury self storage typically costs between $65 and $199 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, Woodbury had an average home value of $355,000 which in the past year is up 0.059%.