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. Cities with high proportions of university students may see more pronounced seasonal highs and lows, as many students book storage units during the summer.
Our data shows that the average price of a storage unit does not change throughout the year in Concord to the same degree as it does in most cities, so seasonality should be less of a hassle for those looking for storage in Concord. Still, hunting for storage during the cheapest month of the year is always a great way to find a good deal. February is the least expensive month for storage in Concord, with an average price of $36 for a storage unit. March is the most expensive month, when storage goes for an average rate of $114.
Self storage rates being as highly-dependent on the real estate market as they are, it should come as no surprise that prices can change dramatically within the space of a few miles. By expanding your search into areas you might not have thought to look, you might be able to happen upon some excellent deals. You might have to spend more on gas getting out to that unit, but the savings you'll be building up could totally compensate for that. That being said, if we can determine that self-storage (which also goes by mini storage and public storage) prices are lower in Concord 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.
Concord is the 16th most expensive city for self storage in the state of North Carolina, with the average price of a storage unit there coming in at $78. North Carolina itself is the 29th most expensive state for storage. In more exact terms, storage in Concord costs an average of $14.18 more than the average storage unit in North Carolina, which goes for 63.82.
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. In North Carolina, the median income is $45,210.00 a year, which would make the average $78 unit in Concord cost 2.07% of a median earner's monthly income. When compared to storage price as a percent of income in other cities in North Carolina, Concord ranks in the 75th percentile, which means that self-storage here is quite expensive.
The same holds true on a national scale, where self-storage rates in Concord are comparatively somewhat expensive, ranking in at the 70th percentile among cities on our nationwide network. 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 $5.85 more than that for self storage in Concord.
You'll have a hard time telling a good price on storage from a great price when you're unfamiliar with how much self storage in Concord typically costs to begin with. With the average rental rate varying widely from place to place, the only truly valuable comparison you can make is with other storage facilities in the area. But don't worry: SelfStorage.com has all the data you need in order to go into your storage search well informed.
Storage units in Concord rent at an average monthly rate of $78. That monthly rental rate would come out to a yearly price of about $936, should you be thinking of renting for that length of time. Nut before you take that figure as a definitive starting point, note that it is the average for all sizes taken together, and so shouldn't be used as the basis for your search. Prices for the various unit sizes are, of course, very different from each other. Self storage in Concord comes in these standard sizes: 5x5, 5x10, 10x10, 10x15, and 10x20. Here are the average monthly rental prices for each unit size:
|Storage Unit Size||Average Price in Concord, NC|
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. How many facilties are operating in Concord?
Analysts at SelfStorage.com report that there are an estimated 10 storage facilities located in the Concord area. The average number of facilities in North Carolina cities is also 10. Concord has the 21st most facilities among these 70 cities, and takes up 1.41% of the state's total facilities. Concord may have been average for a city in North Carolina, but on a national scale it actually has a fairly-high number of facilities, 1 more than the average 9 per city.
Of course, simply comparing cities irrespective of their various populations tells us very little about these cities, even when we're comparing Concord to other cities in North Carolina. Are the 10 facilities in Concord sufficient at supplying the 67,251 people who call it home with enough extra storage space? For its 50,000 to 100,000 population bracket, Concord comes a bit under the mark in terms of number of self-storage facilities. Cities in this bracket average 11 facilities, 1 more than what can be found in Concord. Per capita measures seem to have supported our conclusion that Concord is in possession of few storage businesses for its size. Compared to cities across the US, Concord ranks in the 39th percentile for storage facilities per person. In other words, there's not exactly a ton of extra storage space for its 67,251 inhabitants. Does Concord perform any better in terms of per capita facilities for cities in North Carolina? Apparently even then the city is somewhat low on storage space, only ranking in the 21st percentile for facilities per person in North Carolina.
Finally, it also seems that Concord is undergoing a high level of population growth. According to the US Census, Concord grew by 18.7% from 2000 to 2010, 0.199999999999999% more than the 18.5% growth North Carolina saw. Don't forget that Concord also offers relatively few facilities per person, meaning that its strong population growth may be exacerbating its shortage of storage.
Self Storage rates can change dramatically from one neighborhood to the next in Concord. Those trying to find the cheapest storage in Concord would do well by looking at facilities in the 94521 ZIP code, where storage units go for an average of $93.11 a month, the cheapest in all of Concord. The costliest part of town to rent storage in is the 94520 ZIP code, where rates average $192.78 per month.
Are you trying to reserve the most incredible deal ever on a self storage unit in Concord, NC? February is the best month of the year to find cheap storage, while the cheapest units can be found in the 94521 ZIP code. If you can, try not to conduct your storage search during March, when units are at their highest average price, and be aware that the 94520 area is more expensive than other areas.
Concord self storage typically costs between $45 and $124 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, Concord had an average home value of $175,000 which in the past year is up 0.017%.