It's not uncommon for another community a few miles down the road to offer substanial savings on storage compared to the rates in your community. A great way of scoring a dirt-cheap storage unit is expanding the area in which you're searching. The longer trip to the facility could easily be worth the monthly savings, particularly if you only plan on accessing your unit occassionally. If the average price of self storage (which includes facilities called mini storage or public self storage) is higher in Midwest City, then you'll definitely want to expand your search. So is it?
Midwest City is the 6th most expensive city for self storage in the state of Oklahoma, with the average price of a storage unit there coming in at $64.71. Oklahoma itself is the 40th most expensive state for storage. To give you a better idea of what this means, Midwest City's average price is $5.33 more than the state average of $59.38.
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. We use our 'relative price' scale to calculate the relative affordability of storage in a given area using the state median income. Given that the average price of a storage unit in Midwest City is $64.71 and the median income in Oklahoma is $46,459.00 a year, we can determine that a storage unit would require 1.67% of a median earner's monthly paycheck. As a percentage of the local median income, storage costs rank at the 72nd percentile among cities in Oklahoma, making Midwest City more expensive than most cities.
Midwest City self-storage prices are somewhat expensive on the national scale as well. When compared with cities on our national network they rank in the 53rd percentile. Nationwide, storage costs an average $72.15 a month. Expect to pay about $7.44 less than that for self storage in Midwest City.
When it comes to finding self-storage, the more really is the merrier: more storage businesses in your area means more unit options available, and more options mean a greater chance you'll be able to choose a unit that satisfies your storage needs. How many facilties are operating in Midwest City?
There are 3 total storage facilities in Midwest City, OK on the SelfStorage.com network. How does Midwest City compare to other cities in Oklahoma in terms of number of facilities? Not well at all: the average city in the state has 19 listed facilities, a significant 16 more than Midwest City's 3 facilties. To put it into a different perspective, that's just barely 0.85% of the facilities in Oklahoma, ranking it as the 17th largest out of 19 Oklahoma cities in terms of number of storage businesses. Just as it has few facilities relative to other cities in its state, Midwest City also has a meager number of self-storage facilities compared to other cities nationwide, 6 less than the national average of 9.
But of course, comparing the raw number of storage facilities in Midwest City to other cities in Oklahoma and nationwide without taking population into account tells us very little. So how does Midwest City, with its population of 57,193, compare to cities with similar populations? Midwest City's 3 facilities put it under most other cities of similar size, as it turns out. For cities with the 50,000 to 100,000 population group, the average number of self-storage facilities is 11, which of course is 8 more than can be found in Midwest City. Midwest City, it seems, is lacking in extra storage space. Indeed, that Midwest City has relatively few storage facilities for its population is corroborated once more when we look at its per person facility count. For a city of 57,193, 3 self-storage facilities is not a high number at all: in fact, Midwest City only places in the 10th percentile for facilities per capita in United States cities, indicating a meager level of storage coverage. Even if we restrict our scope of comparison to the state level, Midwest City doesn't seem to offer its population as much storage space as other cities do, attaining a low rank in the 0th percentile for facilities per capita among cities in Oklahoma.
We feel we should also mention the fact that Midwest City has seen moderate population increases in the past decade, jumping 5.3% from 2000 to 2010. That's not an inconsequential increase, however it is 3.4% less than the 8.7% growth the state of Oklahoma saw in total. The relatively few people moving to Midwest City might not be generating as much demand for storage as they are in faster-growing cities in Oklahoma, but keep in mind that Midwest City already has few storage facilities for its size, meaning it's not quite the storage seeker's market.
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. Late spring to late summer is typically considered the high season, while fall, winter, and early spring are when prices are usually at their lowest. 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. 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.
Expect the price of a storage unit to remain relatively stable throughout the year in Midwest City. According to our numbers, seasonal demand is not as extreme here as in other cities on our network. Still, booking during the low season and locking in your price with the facility is an important part of getting a good deal on self storage. July is the least expensive month for storage in Midwest City, with an average price of $30.6 for a storage unit. January is the most expensive month, when storage goes for an average rate of $64.71.
If you're new to searching for self storage in Midwest City you might not know what kind of prices should be expected. Since self storage rates can vary widely from city to city, the only comparison you can accurately make is with other storage facilities in that city. But don't worry: SelfStorage.com has all the data you need in order to go into your storage search well informed.
The average rental rate of a self storage unit in Midwest City is $64.71 a month. To give those thinking of renting storage for a year or more some better perspective, that's about $776.52 per anum. Note that this average disregards the different unit sizes and so shouldn't be taken too literally. Units of different dimensions will of course go for different prices. Self storage in Midwest City comes in these standard sizes: 5x5, 5x10, 10x10, 10x20, and 10x30. Below you'll find the average monthly price per size:
|Storage Unit Size||Average Price in Midwest City, OK|
Midwest City self storage typically costs between $25 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, Midwest City had an average home value of $92,900 which in the past year is down 0.008%.