Self Storage in Coos Bay: FAQ
How many self storage facilities are there in Coos Bay, OR? Are there plenty of options available?
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. If I'm searching for storage in Coos Bay, should I expect plenty of available storage facilities, or only a few?
8 storage facilities in Coos Bay, OR are listed on SelfStorage.com's facility network. For a city in Oregon, Coos Bay is home to relatively few storage facilities. The average city in Oregon has 10 facilities listed on our network, a full 2 more than what can be found in Coos Bay. To put it into a different perspective, that's just barely 2.28% of the facilities in Oregon, ranking it as the 13th largest out of 35 Oregon cities in terms of number of storage businesses. In addition to having few facilities compared to other cities in Oregon, Coos Bay also offers a below-average number of storage facilities compared to other cities across the nation: 1 fewer than the national average of 9, to be precise.
Since, however, there are huge disparities in population between Coos Bay and other cities in Oregon, comparing the number of storage businesses in each tells us very little. Are the 8 facilities in Coos Bay sufficient at supplying the 15,372 people who call it home with enough extra storage space? It turns out that Coos Bay actually does have a decent amount of storage space for its size, with a few more facilities than average. Cities with populations of 10,000 to 25,000 average 6 storage facilities, 2 fewer than in Coos Bay. Coos Bay's above average number of facilities seems to be substantiated when we look at the actual per capita number of facilities. On a storage facilities per capita basis, Coos Bay ranks in the 77th percentile nationwide, meaning that it has a very high number of facilities for each resident compared with other cities. When it comes to cities in Oregon, Coos Bay still has a comparatively-high level of storage space per capita, ranking in at the 76th percentile.
Lastly, census data shows that Coos Bay is growing in population, though not as fast as the rest of its state. It saw a 0.2% increase from 2000 to 2010, a 11.8% less than the 12% growth that Oregon saw as a whole. Combine Coos Bay's lower population growth than the rest of Oregon with its above-average number of facilities per capita for the state, and you get a recipe for relatively low storage demand, which should make the job of finding a unit easier.
Is self storage in Coos Bay cheap?
It's often the case that storage prices can swing to the opposite end of the spectrum within a few blocks in the same city, just as real estate values are liable to do. A great way of scoring a dirt-cheap storage unit is expanding the area in which you're searching. While it's true that accessing the unit will be more cumbersome the farther it is away, the potential savings could make you complacent with any extra inconvenience. 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 Coos Bay. We've gone ahead and figured that out for you.
An average price of $45 a month for a storage unit makes Coos Bay the 26th most expensive city in Oregon for self-storage, while Oregon itself is the 24th most expensive state. To give you a better idea of what this means, Coos Bay's average price is $25.81 less than the state average of $70.81.
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 Oregon, the median income is $51,862.00 a year, which would make the average $45 unit in Coos Bay cost 1.04% of a median earner's monthly income. When compared to the price of storage as a percent of income in all Oregon cities, Coos Bay ranks at the 23rd percentile, meaning that storage here is extremely affordable.
The same holds true on a national scale, where storage in Coos Bay is comparatively very cheap, ranking at the 17th percentile among cities nationwide. 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 $27.15 less than that for self storage in Coos Bay.
What's the average rental rate for storage units in Coos Bay, OR?
It's impossible to know what a good deal on storage is if you don't know what kind of prices to expect in Coos Bay. You can't even use past experiences booking storage elsewhere, as average prices will be totally different in other cities, even other cities in OR. 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.
Storage rentals in Coos Bay have an average montly rate of $45. For those looking for a long term storage solution, that's an average of $540 a year. This average does encompass all storage unit sizes, so it should be taken with a large grain of salt. Different unit sizes will of course go for very different prices. There are six standard sizes of storage units in Coos Bay, including: 5x5, 5x10, 10x10, 10x15, 10x20 and 10x30. By size, the average prices in Coos Bay are:
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