St. Louis may have lost some of its former glory, but with new tech companies moving in and a low cost of living, the city is seeing the first glimmers of growth since World War II. With draws like the Gateway Arch and a strong baseball culture, St. Louis is a classic American city. If you're a St. Louisan then of course none of that is new to you. But do you know which ZIP codes are cheapest for storage in St. Louis, or how much you should expect to pay for a unit there?
Figuring out if a certain storage facility's offered price is any good is a hard call to make if you don't know how much a unit in St Louis ought to cost in the first place. Even if you've booked storage units in other cities in the past, prices could be very different in your current city, which makes it difficult to know what is standard. In order to help you along your storage search the analysts at SelfStorage.com have crunched the numbers and processed the data so that you can know what kind of prices to expect.
Storage rentals in St Louis have an average montly rate of $49.25. If your storage needs are of a longer term, remember that at those rates you'll be paying approximately $591 a year. This average does encompass all storage unit sizes, so it should be taken with a large grain of salt. Different unit sizes will of course go for very different prices. There are six standard sizes of storage units in St Louis, including: 5x5, 5x10, 10x10, 10x15, and 10x20. For each standard size, here's how much you might expect to pay per month in St Louis:
|Storage Unit Size||Average Price in St Louis, MO|
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. Storage prices generally reach their peak during the period from May to September, coinciding with moving season. The high season is considered to be in full swing on National Moving Day, also called 'Crazy Tuesday,' the day after Memorial Day. In addition to families moving between homes, college students renting storage for the summer also contribute to demand during the high season, particularly in college towns.
The difference in price between high and low seasons is negligible in St Louis, which experiences low seasonal effects, according to our data. Even so, it's often a good idea to book at the lowest price and then lock in that rate with the facility. With its average price of $46.85, April is the cheapest month to book storage in St Louis. With an average price of $146.71, October is the most expensive month to rent storage in St Louis.
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. Sure, it might be more of a pain to drive to the facility, but hundreds of dollars in potential savings might alleviate that. If we can show that self-storage (also known as public self storage and mini storage) in St Louis is more expensive than its surroundings, then you'll know to expand your search.
With its average price of $49.25 a month for a unit, St Louis is the 27th most expensive city for self-storage in the state of Missouri, which itself is the 32nd most-expensive state for storage. To give you a better idea of what this means, St Louis's average price is $14.05 less than the state average of $63.3.
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. That's why we've developed a 'relative price' scale that takes state median income into account. A storage unit in St Louis will on average cost 1.27% of a median earner's monthly income, given that the yearly median income in Missouri is $46,518.00. Compared to the price-as-percent-of-income in other Missouri cities, St Louis ranks at the 27th percentile, making storage here relatively affordable.
In addition, storage in St Louis is also relatively cheap on the national scale, ranking at the 29th percentile compared to other cities across the nation. Expect to pay $22.90 less than the national average of $72.15 when searching for self storage in St Louis.
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. So how many storage facilities are there in St Louis?
There are 40 total storage facilities in St Louis, MO on the SelfStorage.com network. How does that number compare to other communities? It's a full 33 facilities more than the average city in Missouri, where there are an average 7 facilities in each city. It makes sense then that St Louis is also the 2nd largest in terms of facilities out of all 37 cities in Missouri listed on our storage network, accounting for approximately 15.16% of self storage facilities listed in that state. How does St Louis fare against cities outside of Missouri? On a national scale, it still has more facilities than the average city, 31 more than the average 9, to be more precise.
But of course, comparing the raw number of storage facilities in St Louis to other cities in Missouri and nationwide without taking population into account tells us very little. 318,069 people make St Louis their home. Is 40 a relatively high or low number of storage facilities for such a population? St Louis 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 250,000 to 1,000,000 offer an average of 49 facilities, 9 more than St Louis does. That St Louis has few facilities for its size seems to be further verified when we look at St Louis's actual per capita storage facility coverage. St Louis's 40 self-storage facilities for its 318,069 residents ranks it in the 33rd percentile for storage facilities per capita among cities across the country. That low rank means that there isn't as much storage space for each person in St Louis as there is in most other cities. Does St Louis perform any better in terms of per capita facilities for cities in Missouri? Apparently even then the city is somewhat low on storage space, only ranking in the 38th percentile for facilities per person in Missouri.
St Louis, MO self storage typically costs between $40 and $500 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, Saint Louis had an average home value of $124,900 which in the past year is down 0.042%.