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. The period between April and September is typically considered the high season for storage, while prices are lower the rest of the year, notably through October and March. The single busiest day of the high season is typically National Moving Day, also called 'Crazy Tuesday' by storage facility operators for the amount of activity they see that day, which is the day after Memorial 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.
Self storage prices in Springfield are not nearly as affected by seasonal changes as other cities are, meaning there's a greater likelihood you'll find stable year-round prices. 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. The best month to go searching for storage in Springfield is May, when the average unit goes for a low $43.99 a month. The worst month, on the other hand, is December, when units hit a high of $77.49.
Finding the unit you need at the price you want has everything to do with what's available in your area, with more facilities offering more options. When it comes to the number of facilities operating in Springfield, how many options are available?
Analysts at SelfStorage.com report that there are an estimated 50 storage facilities located in the Springfield area. If we compare this to other cities in Missouri, which average 7 facilities per city, Springfield offers 43 more--quite the substantial number. It makes sense then that Springfield is also the 1st largest in terms of facilities out of all 37 cities in Missouri listed on our storage network, accounting for approximately 18.94% of self storage facilities listed in that state. When compared against the national average of 9 storage facilities in each city, Springfield still offers a full 41 more than the average.
But of course, there are vast differences in population between Springfield and other cities in Missouri, and even more so nationwide, so not controlling for population makes little sense. How, then, does Springfield with its 157,630 people compare to cities of a like size? Considering that cities with populations of 100,000 to 250,000 average 18 storage facilities, we feel fully confident in saying that Springfield--which offers 32 more facilities--has plenty of extra storage space for its size. Indeed, that Springfield has a good number of storage facilities for its population is strenthened once more when we look at its per person facility count. Among cities nationwide, Springfield ranks in the 63rd percentile for the number of storage units per capita, offering its 157,630 residents a moderately-high amount of storage space. Among cities in Missouri, Springfield still has a high number of storage businesses listed on our network per inhabitant, ranking in at the 66th percentile statewide.
We feel we should also mention the fact that Springfield has seen moderate population increases in the past decade, jumping 3.5% from 2000 to 2010. That's not an inconsequential increase, however it is 3.5% less than the 7% growth the state of Missouri saw in total. Add that low rate of growth to the fact that Springfield also has a high number of facilities per capita, and you get what appears to be an excellent place to find a storage unit.
It's often true that certain areas in a city offer much lower storage rental rates than others. By expanding your search into areas you might not have thought to look, you might be able to happen upon some excellent deals. Depending on how often you'll need to access your unit, this could be the way to go. However, if self-storage (often called mini storage or public self storage) in Springfield is relatively cheap for the area then searching farther afield might do little good. So how do prices in Springfield stack up to the rest of the state?
With its average price of $54.99 a month for a unit, Springfield is the 24th most expensive city for self-storage in the state of Missouri, which itself is the 32nd most-expensive state for storage. When searching for storage in Springfield, expect to pay $8.31 less than Missouri's average price of $63.3.
While average prices will give you a good idea of how much you should expect to spend, they don't necessarily tell us if storage is relatively affordable in that city. That's why we've developed a 'relative price' scale that takes state median income into account. The median income in Missouri is $46,518.00, which means the average storage unit in Springfield would require 1.42% of a median earner's monthly income. Compared to the price-as-percent-of-income in other Missouri cities, Springfield ranks at the 36th percentile, making storage here relatively affordable.
The same holds true on a national scale, where storage in Springfield is comparatively relatively cheap, ranking at the 38th percentile among cities nationwide. 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 $17.16 less than that for self storage in Springfield.
Just as home prices will differ from neighborhood to neighborhood in Springfield, so will self-storage rates. Look for a cheap unit in the 65807 ZIP code, where the average price of $50.80 is the lowest in Springfield. Storage is priciest in the 22151 ZIP code, where you should expect to pay about $246.69 a month for a unit.
If this is your first time searching for a storage unit in Springfield you might not know what kind of prices to expect. Comparing facilities you booked storage at in other cities will do you little good, as the average price for storage could be hundreds of dollars different. That's why, in order to make sure you go into your storage search as well-informed as possible, we've gone ahead and gathered the data for you.
Expect to pay an average of $54.99 a month for a storage unit in Springfield. That's $659.88 a year, for those of you whose storage needs are of a lengthier nature. It's important to note here that that average price does include all standard storage unit sizes. The price you end up paying will depend on the size of the unit you decide to book. In Springfield you'll have the option of booking six standard storage unit sizes, such as 10x10, 10x15, 10x20, and 10x30. In Springfield, the average price for each standard size is:
|Storage Unit Size||Average Price in Springfield, MO|
Trying to reserve an extremely affordable self storage unit in Springfield, MO? May is the best month to conduct your search for storage, while your storage search will be most successful if you look in the 65807 ZIP code. The worst time of the year to look for storage is December, when unit prices reach their apex, and be aware that the 22151 area is pricier than other areas.
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, Springfield had an average home value of $114,900 which in the past year is up 0.016%.