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. It could indeed be that a facility just a mile or two outside of town offers a much lower rate, but you won't find that facility unless you include a wider area in your search. To some, the greater distance to the facility is worth the greater savings. Knowing whether or not you should look in nearby cities depends on whether or not self-storage (sometimes called mini storage or public self storage) in those cities is less expensive than in Shawnee. We've gone ahead and figured that out for you.
Shawnee's average price of $30 a month for a unit ranks it as the 18th most expensive city for self-storage in Oklahoma, which itself ranks as the 40th most expensive state for storage. In general, storage units in Shawnee go for $29.38 less than the state average of $59.38.
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. In order to establish some kind of index of affordability for Shawnee 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 Shawnee will on average cost 0.77% of a median earner's monthly income, given that the yearly median income in Oklahoma is $46,459.00. As a percentage of the local median income this is very cheap compared to other cities in Oklahoma, ranking Shawnee at the 5th percentile statewide. We feel comfortable then saying that self-storage in Shawnee is extremely affordable.
Shawnee self-storage prices are very cheap on the national scale as well. When compared with cities on our national network they rank in the 5th percentile. To put that in more concrete terms, storage in Shawnee should cost an average of $42.15 less than the national average price of 72.15.
Your hunt for a cheap storage unit won't be easy if you don't know how much a unit in Shawnee should cost. With rental rates being as dependent upon the facility's location as they are, comparing prices at facilities in Shawnee with those in other cities you might have rented a storage unit in in the past will do you little good. But don't worry: SelfStorage.com has all the data you need in order to go into your storage search well informed.
On average, storage facilities in Shawnee charge a monthly rental rate of $30 for a storage unit. If you're considering a longer stay in your storage unit then at that rate you'd be paying approximately $360 per year. Don't, however, put too much weight on that number, as it does not discriminate by unit size. The prices you'll actually see on units will largely depend upon their size. In Shawnee you'll have the option of renting six standard storage unit sizes, such as 5x10, 10x10, 10x15, and 10x20. Here are the average monthly rental rates for each size:
|Storage Unit Size||Average Price in Shawnee, OK|
A greater number of storage facilities equates to more available storage space, so the number of facilities operating in your city will be one of the most important factors in your storage search. So are there a large or small number of storage businesses operating in Shawnee?
There are 14 total storage facilities in Shawnee, OK on the SelfStorage.com network. On the state level, the average city in Oklahoma is home to approximately 19 self-storage businesses, meaning that Shawnee, with 5 less than that, offers few facilties relative to the rest of its state. To put it into a different perspective, that's just barely 3.94% of the facilities in Oklahoma, ranking it as the 7th largest out of 19 Oklahoma cities in terms of number of storage businesses. When we compare Shawnee to the nation as a whole, its 14 facilities no longer look so few: in fact, it has 5 more than the 9 that can be found in the average American city.
If we're making comparisons between cities, however, we're missing out on some important insights if we don't factor population in, even if we're simply comparing Shawnee to the rest of Oklahoma. So how does Shawnee, with its population of 30,536, compare to cities with similar populations? It turns out that Shawnee actually does have a decent amount of storage space for its size, with a few more facilities than average. Cities with populations of 25,000 to 50,000 average 7 storage facilities, 7 fewer than in Shawnee. One might point out that comparing Shawnee to cities of a similar size doesn't prove its healthy supply of storage space for the size of the population, and that a better measure would be actually looking at its facilities per capita. Well, we have, and it has firmly validated our former results. In terms of self-storage facilities per capita, Shawnee ranks in the 74th percentile nationwide, meaning that it has a moderately-high amount of storage space for its 30,536 residents. Just as Shawnee appears to have a large amount of storage space per person compared to cities across the nation, the same goes when we restrict the comparison to Oklahoma, where Shawnee lands in the 66th percentile for facilities per capita among cities in the state.
Another thing about Shawnee we feel we should mention is that while it has grown in the past decade, it hasn't done so by as much as the rest of Oklahoma has. Shawnee saw a small 4.7% jump between the 2000 and 2010 census, 4% less than the 8.7% the state of Oklahoma experienced as a whole. Such a low growth rate relative to other cities in Oklahoma, not to mention its higher number of facilities per capita than most of those cities, would seem to make Shawnee a high supply but low demand city for storage, which of course is ideal for anyone seeking to book a unit there.
Scoring a good monthly price on your self storage unit has a lot to do with the time of year you book it, as prices vacillate from season to season. The high season lasts from late spring to late summer, the most popular period for those moving into a new home. The single busiest day of the high season is typically National Moving Day, also called 'Crazy Tuesday' by storage facility operators for the amount of activity they see that day, which is the day after Memorial Day. 5x5 and 5x10 units often see wider seasonal swings, primarily due to college students renting these smaller sizes when they leave town for the summer. College towns will be particularly affected by this.
Prices on self storage in Shawnee do not vary as widely between high and low seasons as they do on average in other cities, so seasonality should be less of an issue for potential renters here. Still, hunting for storage during the cheapest month of the year is always a great way to find a good deal. With its average price of $30, September is the cheapest month to book storage in Shawnee. With an average price of $54, November is the most expensive month to rent storage in Shawnee.
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, Shawnee had an average home value of $89,000 which in the past year is up 0.095%.