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 does Reno offer plenty of options when it comes to different storage facilities?
There are 38 total storage facilities in Reno, NV on the SelfStorage.com network. Reno is home to a slightly-higher number of storage facilities than most other cities in Nevada. The average city in Nevada is home to 22 storage businesses, 16 less than what can be found in Reno. This ranks Reno as the 2nd largest storage market out of 13 Nevada cities in terms of number of facilities, making up 13.53% of the state's total. How does Reno fare against cities outside of Nevada? On a national scale, it still has more facilities than the average city, 29 more than the average 9, to be more precise.
But making comparisons between any cities, whether it be comparing Reno to its neighbors in Nevada or on a national scale, isn't a very fruitful excercise when we ignore a city's population. So how does Reno, with its population of 219,636, compare to cities with similar populations? Reno offers tons of storage space for a city its size: other cities with populations 100,000 to 250,000 average only 18 storage facilities, while Reno offers 20 more than that. But on the other hand, Reno's count of facilities per capita seems to have contended the notion that it has tons of extra storage space for the 219,636 people living there. On a national scale, Reno ranks in the 44th percentile for self-storage facilities per person, clearly indicating that most other cities on our network offer a greater number of storage businesses per capita. In other words, due to a relative lack of extra storage space, the 219,636 people living in Reno might have a harder time locating the right storage unit for them than they would in other cities. Perhaps if we only compare Reno to other cities in Nevada it might appear to have more storage space? Unfortunately, even by that measure it does seem as if Reno offers relatively little space, as it places in the 25th percentile for per capita storage facilities in Nevada.
The fact that Reno is growing, but not doing so at a particularly rapid rate, also bears mentioning in our discussion of storage facilities per person. The US Census reports that Reno saw 19.3% more people move there in the first decade of this century. That's not insignificant, though it is 15.8% less than the 35.1% population that Nevada saw altogether. Remember, though, that while relatively fewer people are moving into Reno and generating additional demand for storage, there's already a shorter supply of that storage than in most other cities in Nevada, as Reno had a low level of facilities per capita for its state.
Self Storage rates can change dramatically from one neighborhood to the next in Reno. The cheapest place for storage in Reno is within the 89502 ZIP code, where prices average $114.77 a month. You probably won't be finding the best deal on storage in the 89511 ZIP code in Reno, which with an average price of $117.41 a unit is the highest-priced place in town.
You'll won't have the easiest of times telling a good deal on storage in Reno from a great one if you don't know what storage in Reno usually rents for. Comparing rates at facilities you booked storage at in other cities can give the wrong expectations, as the average price for storage could be hundreds of dollars different in that location. Which is why, in order to ensure that you go into your storage search as well informed as possible, we've gone ahead and processed the data for you.
self storage renters in Reno pay an average montly rate of $43.3. If your're in need of storage for a longer term, remember that at that rate a unit will cost you approximately $519.6 a year. It must be noted that that rate averages all sizes of units in Reno, and so shouldn't necessarily be used as a definitive yardstick during your search. It's not uncommon for larger units to be more than twice as costly as the smaller sizes. Self storage in Reno comes in these standard sizes: 5x5, 5x10, 10x10, 10x15, 10x20, and 10x30. For each standard storage unit size, here's how much you should expect to pay per month in Reno:
|Storage Unit Size||Average Price in Reno, NV|
Sometimes storage prices in the next town or suburb over are significantly cheaper than those in your immediate area. By widening the breadth of your search, you'll open yourself up to even more facilities and a greater range of possibilities. Sure, it might be more of a pain to drive to the facility, but hundreds of dollars in potential savings might alleviate that. If self-storage (often known as public self storage and mini storage) in Reno is more expensive than elsewhere, then you should definitely broaden your search. So we asked our analysts to find out.
An average price of $43.3 a month for a storage unit makes Reno the 10th most expensive city in Nevada for self-storage, while Nevada itself is the 44th most expensive state. When searching for storage in Reno, expect to pay $12.20 less than Nevada's average price of $55.50.
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. To give you a better idea of affordability, we've created a 'relative price' scale that estimates how expensive storage is for median income earners in that state. The median income in Nevada is $49,929.00, which means the average storage unit in Reno would require 1.04% of a median earner's monthly income. As a percentage of the local median income this is very cheap compared to other cities in Nevada, ranking Reno at the 25th percentile statewide. We feel comfortable then saying that self-storage in Reno is extremely affordable.
Reno self-storage prices are very cheap on the national scale as well. When compared with cities on our national network they rank in the 17th percentile. 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 $28.85 less than that for self storage in Reno.
The self storage market being of a seasonal nature, the prices on offer at the moment could be substantially different from those you'll see two months from now. Peaking in May through September, when most people in the United States move, and dropping to their lowest in October through March, when far fewer people move homes, storage prices and closely linked to moving patterns. Memorial Day weekend marks the definitive end to the low season. The following Tuesday is often so busy that it's popularly known as 'Crazy Tuesday' within the self storage industry. Those looking for storage in areas with a large population of college students might find that seasonality affects prices on smaller unit sizes in particular, as students book 5x5s and 5x10s to store their things while they go home for the summer.
Reno isn't nearly as affected by seasonal change as most other cities are, the average price of storage remaining relatively stable throughout the year. Despite the low level of seasonality, those looking for a self storage unit may still want to lock in their price at the time of booking. June is the least expensive month for storage in Reno, with an average price of $42.13 for a storage unit. February is the most expensive month, when storage goes for an average rate of $66.15.
Trying to locate an insanely low price on a self storage unit in Reno, NV? Look for the cheapest units in June within the 89502 ZIP code. Try not to start your search in February, the most expensive month, and beware that the 89511 area is pricier than other areas.
Reno self storage typically costs between $33 and $129 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, Reno had an average home value of $230,000 which in the past year is up 0.269%.