Certain areas of Manchester can be significantly cheaper or more expensive for storage than others. The cheapest neighborhood for storage space in Manchester is within the 3101 ZIP code. The average unit there goes for $91.07 a month. Units rent at the highest price in the 3104 ZIP code, where they average $113.14 a month.
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. The high season lasts from late spring to late summer, the most popular period for those moving into a new home. The high season comes into full swing on the day after Memorial Day, which is such a popular time to rent storage that those in the industry have taken to calling it 'Crazy Tuesday.' 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.
There's a greater difference in price between high and low seasons in Manchester than there is elsewhere, which means you should be more conscious of the timing of your storage search here. Keep seasonal changes at bay by signing your storage lease during the low season and then locking in that rate for your entire stay. The lowest prices on self storage in Manchester can be found during the month of October, with an average price of $27, while the most expensive month is December, with an average price of $115.
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 how many storage facilities are there in Manchester?
According to our estimates, there are approximately 5 storage businesses operating facilities in Manchester. Manchester is home to a slightly-higher number of storage facilities than most other cities in New Hampshire. The average city in New Hampshire is home to 3 storage businesses, 2 less than what can be found in Manchester. It makes sense then that Manchester is also the 4th largest in terms of facilities out of all 19 cities in New Hampshire listed on our storage network, accounting for approximately 9.81% of self storage facilities listed in that state. But while Manchester may command a large number of facilities for its state, the same can't be said on a national scale, where it falls 4 below the national average of 9.
Since, however, there are huge disparities in population between Manchester and other cities in New Hampshire, comparing the number of storage businesses in each tells us very little. Do the 5 self storage facilities in Manchester offer the 109,279 people living there enough extra storage space? How does Manchester compare to similarly-sized cities? It seems clear, upon investigation, that Manchester does in fact have a low number of storage facilities for its population. With 5 self-storage facilities it's 13 facilities below the average for cities in its 100,000 to 250,000 population bracket, which seems to indicate a low level of storage space. One might point out that comparing Manchester to cities of a similar size doesn't prove its lack of storage for the size of the population, and that a better measure would be actually looking at its facilities per capita. Well, we have, and it has firmly substantiated our former results. The 109,279 people who call Manchester home have access to only 5 storage businesses, which puts the city in the 8th percentile for facilities per capita among US cities. That clearly indicates a very low level of storage coverage for a city its size. Just as Manchester 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 5th percentile for facilities per capita.
Our discussion of facilities per capita can't be completed without mentioning Manchester's modest population growth from 2000-2010, a period over which it took on 1.9% more people. That's a 4.6%-lower growth rate than New Hampshire, which grew by 6.5%, saw as a whole. Keep in mind, though, that while there's probably not as much demand generated by people moving into town as there is in other New Hampshire cities, Manchester already has relatively fewer storage facilities for its size than many of those faster-growing cities.
Finding the best price on a storage unit in Manchester can be tough if you don't know what a good price is. 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. That's why the analysts at SelfStorage.com have crunched the numbers so that you can know what to expect before you begin your storage search.
Self storage units in Manchester go for an average monthly price of $62. For those looking for a long term storage solution, that's an average of $744 a year. Keep in mind that that average does not differentiate between the different sizes of units, and so should be taken with a grain of salt. Prices for different unit sizes are, of course, quite different from one another. Storage units in Manchester come in these standard sizes: 5x5, 5x10, 10x10, 10x15, 10x20, and 10x30. For each standard size, the average price in Manchester is:
|Storage Unit Size||Average Price in Manchester, NH|
It's not uncommon for another community a few miles down the road to offer substanial savings on storage compared to the rates in your community. One of the best pieces of advice we can give customers looking for the cheapest storage in their area is to expand the breadth of their search. The sum you'll save each month could totally be worth the extra drive, especially if you'll only need to visit your unit on the rare occasion. But on the other hand, if we can show that self-storage (commonly known as mini storage or public self storage) is cheaper in Manchester than its surroundings, there's no reason to waste time looking elsewhere.
Manchester's average price of $62 a month for a unit ranks it as the 8th most expensive city for self-storage in New Hampshire, which itself ranks as the 18th most expensive state for storage. When searching for storage in Manchester, expect to pay $13.73 less than New Hampshire's average price of $75.73.
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. In New Hampshire, the median income is $67,308.00 a year, which would make the average $62 unit in Manchester cost 1.11% of a median earner's monthly income. Compared to other cities in New Hampshire, this is a fairly-high percentage of income, ranking in the 55th percentile statewide, leading us to label Manchester as a relatively expensive place to rent storage.
When you compare the relative price of storage in Manchester with cities nationwide you actually get the opposite result: it ranks at the 21st percentile, making it very cheap to rent a unit here. To put that in more concrete terms, storage in Manchester should cost an average of $10.15 less than the national average price of 72.15.
Attempting to find an astoundingly-low rate on a self storage unit in Manchester, NH? October offers the cheapest prices on storage, while units are cheapest in the 3101 ZIP code. Try not to start your search in December, when unit prices reach their apex, and beware that the 3104 area has the worst prices.
Manchester self storage typically costs between $54.5 and $167 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, Manchester had an average home value of $189,900 which in the past year is up 0.070%.