The more facilities there are in the area you're searching, the more options you'll have. So are there a large or small number of storage businesses operating in Las Cruces?
Industry experts at SelfStorage.com estimate that there are approximately 23 storage facilities servicing the Las Cruces, NM community. Las Cruces's 23 facilities make it one of the larger cities for storage in New Mexico: the state average is 15 facilities per city, 8 less than what's available in Las Cruces. Out of all 16 cities in New Mexico listed on the SelfStorage.com network, Las Cruces ranks as the 4th-highest in terms of number of storage businesses, accounting for 9.83% of facilities. And Las Cruces doesn't just have a lot of storage facilities for its state, either: it also surpasses the national average of 9 facilities per city by 14.
But of course, comparing the raw number of storage facilities in Las Cruces to other cities in New Mexico and nationwide without taking population into account tells us very little. Approximately 93,452 people live in Las Cruces, NM. Is that a large population for a city with 23 self-storage facilities, or a small one? Las Cruces offers tons of storage space for a city its size: other cities with populations 50,000 to 100,000 average only 11 storage facilities, while Las Cruces offers 12 more than that. Las Cruces's above average number of facilities seems to be substantiated when we look at the actual per capita number of facilities. The 93,452 residents of Las Cruces have 23 self-storage facilities to choose between, which on a per capita basis ranks them in the 55th percentile nationwide. That's a relatively-high amount of space for each person living in Las Cruces. But though Las Cruces performs well on the national stage, other cities in New Mexico perform better. In fact, Las Cruces's facilities per capita only score it a position at the 26th percentile for cities in New Mexico, meaning that other cities in the state offer their populations much more storage space.
Another thing about Las Cruces we feel we should mention is that it's growing, and rapidly, having seen its population increase by 26.9% between the 2000 and 2010 census, a 13.7% higher growth rate than the 13.2% the state of New Mexico experienced as a whole. But though the people moving into Las Cruces may generate more demand for storage units, remember that the city does have a high number of storage businesses per capita, which should help balance that added demand out.
It's often true that the same storage unit at the same storage facility will cost significantly more or less in April than it does in November. That's because self storage is a seasonal industry. Storage seasonality is in synch with the moving seasons, which are at their highest in the late spring and summer, as a huge amount of storage demand is generated by people moving into new homes. 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.
Those looking for storage in Las Cruces shouldn't have to worry as much about seasonal prices swings, as according to our data these swings are much less extreme here than elsewhere. But even if price changes are less of a risk in Las Cruces, locking in a rate is almost always a smart, safe move. Storage prices are at their highest in Las Cruces during the month of December, where they hit an average price of $75, while prices are at their lowest in March, where they go for a low $39.09 a month.
Before you start your storage search in Las Cruces, it's important that you know how much a unit in Las Cruces typically costs. Even though you may have booked storage units in other cities in the past, prices could be quite different in your current location, which makes it difficult to know what the standard price is. But don't worry: SelfStorage.com has all the data you need in order to go into your storage search well informed.
On average, a self storage unit in Las Cruces will rent for $60.25 a month. If your storage needs are longer-term, keep in mind that that would equate to an average price of $723 per year. This average does include all storage unit sizes, which means that it should be taken with a grain of salt. It's not uncommon for larger units to be more than twice as costly as the smaller sizes. In Las Cruces you'll have the option of renting six standard storage unit sizes, such as 5x5, 5x10, 10x10, 10x15, 10x20, and 10x30. In Las Cruces, the average monthly rental rate for each standard size is:
|Storage Unit Size||Average Price in Las Cruces, NM|
Some of the most successful storage finds occur when the storage seeker includes nearby towns, suburbs, and neighborhoods in their search. It could indeed be that a facility just a mile or two outside of town offers a much lower rate, but you won't find that facility unless you include a wider area in your search. While it's true that accessing the unit will be more cumbersome the farther it is away, the potential savings could make you complacent with any extra inconvenience. That being said, if we can determine that self-storage (which also goes by mini storage and public storage) prices are lower in Las Cruces than in other nearby cities, we can make it easier for you to decide whether or not to take the time on a wider search.
With its average price of $60.25 a month for a unit, Las Cruces is the 7th most expensive city for self-storage in the state of New Mexico, which itself is the 37th most-expensive state for storage. In more exact terms, storage in Las Cruces costs an average of $0.58 less than the average storage unit in New Mexico, which goes for 60.83.
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. 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. Given that the average price of a storage unit in Las Cruces is $60.25 and the median income in New Mexico is $44,270.00 a year, we can determine that a storage unit would require 1.63% of a median earner's monthly paycheck. As a percentage of the local median income, storage costs rank at the 57th percentile among cities in New Mexico, making Las Cruces more expensive than most cities.
The same holds true on a national scale, where self-storage rates in Las Cruces are comparatively somewhat expensive, ranking in at the 51st percentile among cities on our nationwide network. To put that in more concrete terms, storage in Las Cruces should cost an average of $11.90 less than the national average price of 72.15.
As they are closely linked to real estate prices, self storage unit prices can be very different in one part of Las Cruces to another. You'll find the best prices on storage in the 88012 ZIP code, which averages $53.00 a month for a storage unit. You probably won't be finding the best deal on storage in the 88001 ZIP code in Las Cruces, which with an average price of $91.29 a unit is the costliest neighborhood in town.
Looking for the lowest possible rate on a self storage unit in Las Cruces, NM? The best bargains can be found during March within the 88012 ZIP code. The least optimal time to search for storage is in December, when prices are at their highest, and be aware that the 88001 area is the priciest in Las Cruces for storage.
Las Cruces self storage typically costs between $29 and $90 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, Las Cruces had an average home value of $178,000 which in the past year is down 0.003%.