Columbus, OH Self Storage: FAQ
How much does a Columbus, OH storage unit typically cost?
You'll have a tough time telling a good deal on storage in Columbus from a great one if you don't know what storage in Columbus normally costs. Since unit prices can change dramatically from one city to the next, the only real measure you have is other facilities in the immediate area. In order to prevent you from going into your storage search unprepared, we here at SelfStorage.com have prepared the numbers you need to know.
The average price of a self storage unit in Columbus is $50.1 a month. To put that into perspective for those thinking of renting a unit for a year or more, that's about $601.2 per 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. You can, after all, end up paying twice as much for the larger unit sizes than the smaller sizes. Storage units in Columbus come in these standard sizes: 5x5, 5x10, 10x10, 10x15, 10x20, and 10x30. For each standard size, here's how much you might expect to pay per month in Columbus:
|Storage Unit Size||Average Price in Columbus, OH|
Are certain parts of Columbus relatively cheaper for self-storage units than others?
Storage prices on one side of Columbus can be totally different on the other side of the city. The cheapest area for storage space in Columbus is within the 43232 ZIP code. The average unit there goes for $53.03 a month. The 31904 ZIP code, on the other hand, is the priciest area in Columbus, with an average price of $141.57 for a unit.
Is self storage in Columbus pricey?
Some of the most successful storage finds occur when the storage seeker includes nearby towns, suburbs, and neighborhoods in their search. That's why those looking for the best deal on a storage unit should expand the area of their search as far and wide as possible. Though you may have to travel farther to access your unit, the additional savings might just be worth it. 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 Columbus is relatively more or less expensive than other cities.
An average price of $50.1 a month for a storage unit makes Columbus the 53rd most expensive city in Ohio for self-storage, while Ohio itself is the 30th most expensive state. In more exact terms, storage in Columbus costs an average of $13.65 less than the average storage unit in Ohio, which goes for 63.75.
While average prices will give you a good idea of how much you should expect to spend, they don't necessarily tell us if storage is relatively affordable in that city. In order to establish some kind of index of affordability for Columbus storage, we've developed a 'relative price' scale which takes the cost of living in terms of state median income into account. A storage unit in Columbus will on average cost 1.31% of a median earner's monthly income, given that the yearly median income in Ohio is $45,991.00. This is actually a moderately-low percentage of income to spend on a storage unit: compared to other cities in Ohio it ranks at the 40th percentile.
When placed on a national scale and compared to cities across the country, storage prices in Columbus are still relatively cheap, ranking at the 32nd percentile in terms of relative expense. Nationwide, storage costs an average $72.15 a month. Expect to pay about $22.05 less than that for self storage in Columbus.
How many storage facilities do I have to choose from in Columbus? Does the area offer a large number of options?
The more facilities there are in the area you're searching, the more options you'll have. When it comes to the number of facilities operating in Columbus, how many options are available?
Analysts at SelfStorage.com report that there are an estimated 51 storage facilities located in the Columbus area. If we compare this to other cities in Ohio, which average 9 facilities per city, Columbus offers 42 more--quite the substantial number. Furthermore, Columbus accounts for a full 6.76% of facilities in Ohio and ranks as the 2nd-largest storage market out of all 88 cities in Ohio. Outside of Ohio, Columbus still has a sizeable supply of storage facilities, 42 more than the 9 that other cities across the nation average.
But of course, there are vast differences in population between Columbus and other cities in Ohio, and even more so nationwide, so not controlling for population makes little sense. Are the 51 storage facilities providing the 769,332 people living in Columbus with enough storage space? Considering that the average city that falls in the 250,000 to 1,000,000 population bracket has 49 self storage facilities, we can conclude that Columbus, which boasts 2 more, has a fairly-high amount of storage space for its size. One might well argue that comparing Columbus to cities of a like size doesn't necessarily show that there are a great number of facilities for the size of its population, and that a better measure would be facilities per capita. And indeed, per capita data seems to have opposed our findings. The 51 self-storage businesses serving Columbus rank it in the 15th percentile for facilities per person nationwide. That low rank indicates that there are very few storage businesses serving the 769,332 residents of Columbus compared to other cities, which may make finding the right storage unit for you a more difficult task. Even for a Ohio city, Columbus doesn't seem to be inundated with an overabundance of self-storage space, as it only ranks in the 10th percentile for storage businesses per person among cities in the state.
Lastly, US Census data shows that Columbus is growing fast, its population jumping by 7.4% from 2000 to 2010, a 5.8% higher increase than the 1.6% growth that Ohio saw as a whole. With its low level of facilities per person combined with the large number of people moving into town, Columbus could be experiencing some very high levels of demand for storage units, making availability low and prices high.
What's the best time of year to book self storage in Columbus, OH?
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. The low season generally lasts from October through March, with prices kicking up in April and hitting their high from May to September. The single busiest day for self-storage businesses is typically the notorious 'National Moving Day' (which facility operators have dubbed 'Crazy Tuesday' for the chaotic scene at many facilities) the day after Memorial Day. 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.
According to our data, there's very little change in the average price of a storage unit throughout the year in Columbus, meaning you shouldn't have to put too much thought into seasonality when looking for your unit. Despite the fact that seasonal price changes are less of a risk in Columbus, 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 $50.1, January is the cheapest month to book storage in Columbus. With an average price of $75.77, October is the most expensive month to rent storage in Columbus.
SELF STORAGE IN COLUMBUS, OH: THE BOTTOM LINE
Trying to find a highly affordable self storage unit in Columbus, OH? Storage units are at their lowest prices during January within the 43232 ZIP code. If you can, try not to conduct your storage search during October, when the cost of storage is at its apogee and be warned that the 31904 area has the highest prices.