It's often the case that storage prices can swing to the opposite end of the spectrum within a few blocks in the same city, just as real estate values are liable to do. If you're searching for the cheapest storage unit out there, a good rule of thumb is to look farther abroad than you originally set out to. 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. If self-storage (often known as public self storage and mini storage) in Bronx is more expensive than elsewhere, then you should definitely broaden your search. So we asked our analysts to find out.
With its average price of $76.55 a month for a unit, Bronx is the 71st most expensive city for self-storage in the state of New York, which itself is the 6th most-expensive state for storage. To give you a better idea of what this means, Bronx's average price is $20.03 less than the state average of $96.58.
An average price alone, however, doesn't tell you if storage is or isn't more affordable in one city versus another, as the cost of living will also be different. That's why we've developed a 'relative price' scale that takes state median income into account. In New York, the median income is $50,994.00 a year, which would make the average $76.55 unit in Bronx cost 1.8% of a median earner's monthly income. This is a somewhat-low percentage of income to spend on storage compared to prices in other cities, ranking at the 37th percentile among cities in New York, meaning storage here is pretty cheap.
In national terms, however, storage in Bronx is actually on the opposite side of the specturm, ranking in at the 59th percentile nationwide, making it somewhat expensive. 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 $4.40 more than that for self storage in Bronx.
You'll have a tough time telling a good deal on storage in Bronx from a great one if you don't know what storage in Bronx normally costs. Your past experiences booking storage in other cities will be of little help here, as the average price of a storage unit in one city could be $100 higher than the next. 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.
On average, a storage unit in Bronx goes for $76.55 a month. If you have long term storage needs, keep in mind that that's an average price of $918.6 a year. Now, it should be noted that that average rate is for all sizes of units in Bronx, and so should not necessarily be used as a definitive yardstick. There can be, and often are, substanial price differences between different unit sizes. Storage units in Bronx come in these standard sizes: 5x5, 5x10, 10x10, 10x15, 10x20, and 10x30. The average prices for each size of storage unit found in Bronx are:
|Storage Unit Size||Average Price in Bronx, NY|
Certain areas of Bronx can be significantly cheaper or more expensive for storage than others. The cheapest area for storage space in Bronx is within the 10472 ZIP code. The average unit there goes for $105.08 a month. Storage is priciest in the 10466 ZIP code, where you should expect to pay about $211.10 a month for a unit.
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 day after Memorial Day (which those in the moving and storage industries often refer to as 'Crazy Tuesday') is typically seen as the start of the high season and is frequently the most expensive day to rent storage during that season. College students looking for a place to keep their things during the summer holiday can also have an effect on high season prices, pushing up prices on smaller units in particular, which is something to keep in mind if you live in a college town.
The price difference between high and low seasons in Bronx is minimal, which means you shouldn't have to worry about huge rate changes from one season to the next. Despite the fact that seasonal price changes are less of a risk in Bronx, they're not impossible, so a good idea might be to play it safe and lock in your rate for the entirety of your stay, if possible. With its average price of $62.34, June is the cheapest month to book storage in Bronx. With an average price of $90.94, February is the most expensive month to rent storage in Bronx.
Some communities are home to plenty of storage businesses, offering those looking for storage a wide variety of choices, while other communities are less-well served and may need to expand their search into neighboring cities and suburbs. When it comes to the number of facilities operating in Bronx, how many options are available?
Industry experts at SelfStorage.com estimate that there are approximately 49 storage facilities servicing the Bronx, NY community. The average city in New York hosts 6 storage businesses, 43 less than what's on offer in Bronx. In other words, Bronx offers great storage coverage for its state. Furthermore, Bronx accounts for a full 7.13% of facilities in New York and ranks as the 3rd-largest storage market out of all 113 cities in New York. But what about on a national scale? Even then, Bronx has more storage facilities than the average city, 40 more than the average 9, to be exact.
But how does Bronx compare to the rest of New York and the nation on a per capita basis? After all, not controlling for population makes most city comparisons obsolete. Do the 49 self storage facilities in Bronx offer the 1,385,108 people living there enough extra storage space? How does Bronx compare to similarly-sized cities? For a city its size, Bronx is a bit below average when it comes to self storage facilities. Other cities in the 1,000,000 and above population bracket have an average 50 facilities, 1 more than the 49 on offer in Bronx. When we next look at Bronx's actual per person self-storage facility count, our former conclusions seem to be corroborated beyond any reasonable doubt: the Bronx community has few facilities for its size. With 49 storage businesses for 1,385,108 residents, Bronx ranks in the 5th percentile for storage facilities per person in cities on our self-storage network. This means that there's very little storage space per each resident of Bronx in relation to the amount of space per resident in other cities. Perhaps if we only compare Bronx to other cities in New York it might appear to have more storage space? Unfortunately, even by that measure it does seem as if Bronx offers relatively little space, as it places in the 7th percentile for per capita storage facilities in New York.
Are you seeking a surprisingly-affordable self storage unit in Bronx, NY? You can find the best prices on storage in June within the 10472 ZIP code. The worst time of the year to look for storage is February, when storage prices climb the highest, and be conscious of the fact that the 10466 area has the highest prices.