It's often true that certain areas in a city offer much lower storage rental rates than others. 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 extra drive to the facility could very well be worth the monthly savings. In order to help you know whether or not to expand your search, the analysts at SelfStorage.com have done the math to figure out whether self-storage (also called mini storage or public self storage) in New Rochelle is relatively more or less expensive than other cities.
New Rochelle's average price of $135.33 a month for a unit ranks it as the 19th most expensive city for self-storage in New York, which itself ranks as the 6th most expensive state for storage. In more exact terms, storage in New Rochelle costs an average of $38.75 more than the average storage unit in New York, which goes for 96.58.
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. The median income in New York is $50,994.00, which means the average storage unit in New Rochelle would require 3.18% of a median earner's monthly income. As a percentage of income, storage in New Rochelle is very expensive according to our scale, its relative price ranking in at the 83rd percentile in New York.
The same holds true on a national scale, where storage in New Rochelle is comparatively very expensive, ranking at the 91st percentile among cities nationwide. Nationwide, storage costs an average $72.15 a month. Expect to pay about $63.18 more than that for self storage in New Rochelle.
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 New Rochelle ought to cost in the first place. Storage prices can shift significantly from city-to-city, so knowing what's standard for an area can be difficult. That's why, in order to make sure you go into your storage search as well-informed as possible, we've gone ahead and gathered the data for you.
Expect to pay an average of $135.33 a month for a storage unit in New Rochelle. To put that into perspective for those thinking of renting a unit for a year or more, that's about $1623.96 per year. That average doesn't discriminate by size, so it shouldn't be taken as an extremely accurate figure. Different unit sizes will of course go for very different prices. There are six standard sizes of storage units in New Rochelle, including: 5x5, 5x10, 10x10, 10x15, 10x20, and 10x30. Below you'll find the average price by each size:
|Storage Unit Size||Average Price in New Rochelle, NY|
Storage prices on one side of New Rochelle can be totally different on the other side of the city. You'll find the best prices on storage in the 10801 ZIP code, which averages $168.14 a month for a storage unit. The highest-priced part of town to rent storage in is the 10805 ZIP code, where rates average $240.50 per month.
The demand for storage being as highly seasonal as it is, moving between highs and lows throughout the year, the season you decide to book a unit during can have as much affect on the price you pay as any other factor. This seasonality is primarily driven by moving season, which lasts from May to September and generally causes storage prices to spike. Sometimes called 'National Moving Day' or 'Crazy Tuesday', the day following Memorial Day is typically the busiest for storage businesses and the highest point of the high season. 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.
New Rochelle is more significantly affected by seasonality than most other cities, with higher highs and lower lows brought on by each season. The best way to keep seasonal changes at bay is to negotiate with the facility when you first book your unit for a single rate that will remain unchanged for the entire time you stay there. The best month to go searching for storage in New Rochelle is May, when the average unit goes for a low $102.36 a month. The worst month, on the other hand, is November, when units hit a high of $259.52.
Successfully booking the storage unit you're looking for will have much to do with the number of self storage businesses in your city, as the more facilities there are the more options you'll have available. How many facilties are operating in New Rochelle?
SelfStorage.com has 9 storage facilties in New Rochelle, NY listed on its network. How does that compare to other cities in New York? New Rochelle is home to 3 more facilities than the average city in New York, which is only home to about 6 storage businesses. Out of all 113 cities in New York listed on the SelfStorage.com network, New Rochelle ranks as the 14th-highest in terms of number of storage businesses, accounting for 1.31% of facilities. Nationally, New Rochelle's 9 storage facilities make it perfectly average.
But how does New Rochelle 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. So how does New Rochelle, with its population of 74,281, compare to cities with similar populations? Cities of similar size, as it turns out, offer more storage space than New Rochelle does. The average number of facilities for a city in the 50,000 to 100,000 population bracket is 11, which is 2 more than can be found in New Rochelle. In addition, if we look at New Rochelle's per capita facility count, our former findings seem to be definitively validated: New Rochelle does seem to have few facilities for its size. Per person, New Rochelle ranks in the 32nd percentile for self-storage facilities among cities across the nation. That means that 9 storage businesses serving a city of 74,281 people isn't a very high number, and indicates that finding the necessary storage space in New Rochelle could be more difficult than in other cities. Even if we restrict our scope of comparison to the state level, New Rochelle doesn't seem to offer its population as much storage space as other cities do, attaining a low rank in the 31st percentile for facilities per capita among cities in New York.
Finally, according to US Census data, New Rochelle's population grew by 2.7% between the 2000 and 2010 censuses, a surprising 0.6% more growth than the 2.1% that New York grew as a whole. Demand for self-storage in New Rochelle could be pushed even higher due to the fact that, in addition to its growth spurt, it has a low level of facilities per capita.
Are you seeking out a cheap, affordable self storage unit in New Rochelle, NY? May offers the lowest prices on storage, and prices are least expensive in the 10801 ZIP code. If you can, try not to conduct your storage search during November, when prices are at their highest, and be attentive to the fact that the 10805 area is pricier than other areas.
New Rochelle self storage typically costs between $89 and $439 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, New Rochelle had an average home value of $593,000 which in the past year is up 0.030%.