It's often true that certain areas in a city offer much lower storage rental rates than others. 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. This might make it more difficult to access your unit, but the extra money in your pocket every month may just be worth it. But is it worth expanding your search, or is self-storage (commonly called mini storage or public storage) cheaper in Mechanicsburg than its surroundings? We asked the analysts at SelfStorage.com to find out.
Mechanicsburg's average price of $130.33 a month for a unit ranks it as the 7th most expensive city for self-storage in Pennsylvania, which itself ranks as the 14th most expensive state for storage. To give you a better idea of what this means, Mechanicsburg's average price is $49.38 more than the state average of $80.95.
But average prices don't necessarily tell you how affordable storage is in a given city, as money goes further in some states than it does in others. We use our 'relative price' scale to calculate the relative affordability of storage in a given area using the state median income. A storage unit in Mechanicsburg will on average cost 3.14% of a median earner's monthly income, given that the yearly median income in Pennsylvania is $49,874.00. As a percent of the average local income, self-storage in Mechanicsburg is quite expensive, with its relative price ranking in at the 94th percentile in Pennsylvania.
If we measure according to the national scale and compare it to cities across the country, self-storage rates in Mechanicsburg are still very expensive, ranking at the 91st percentile in terms of relative expense. Expect to pay $58.18 more than the national average of $72.15 when searching for self storage in Mechanicsburg.
Searching storage in Mechanicsburg without knowing how much a unit should cost is no way to go about finding a good price. Storage prices can shift dramatically from one city to another, so knowing the standard for a specific area can be difficult without prior experience booking storage there. To prevent you from going into your storage search in the dark, the analysts at SelfStorage.com have prepared the numbers you need to know.
Storage businesses in Mechanicsburg rent out their units at an average price of $130.33 a month. If your storage needs are longer-term, keep in mind that that would equate to an average price of $1563.96 per year. 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. It's not uncommon for larger units to be more than twice as costly as the smaller sizes. In Mechanicsburg you'll have the option of renting six standard storage unit sizes, such as 5x5, 5x10, 10x10, 10x15, and 10x20. In Mechanicsburg, the average monthly rental rate for each standard size is:
|Storage Unit Size||Average Price in Mechanicsburg, PA|
If your area is well-served by a large number of facilities, finding the right unit might be easier for you than for others in communities where less storage space is on offer. So how many self-storage businesses are operating in Mechanicsburg?
According to the data on our facility network, there are 6 storage businesses operating in Mechanicsburg, PA. Other cities in Pennsylvania are home to an average 5 facilities, 1 less than Mechanicsburg, meaning Mechanicsburg's storage coverage is slightly-higher than average. Indeed, Mechanicsburg ranks as the 22nd city out of the 105 cities on our network in Pennsylvania in terms of number of storage facilities, accounting for a whopping 1.23% of facilities in the state. While Mechanicsburg certainly has moer facilities than most cities in its state, it's an underperformer on the national level, where it's under the national average of 9 by 3 facilities.
Of course, simply comparing cities irrespective of their various populations tells us very little about these cities, even when we're comparing Mechanicsburg to other cities in Pennsylvania. Are the 6 storage facilities providing the 8,730 people living in Mechanicsburg with enough storage space? Mechanicsburg, as it turns out, has a moderately-high amount of storage space for a city its size. The average for cities in its 5,000 to 10,000 population bracket is 4 facilities, which is, of course, 2 fewer than Mechanicsburg's 6. When we next look at Mechanicsburg's actual per person self-storage facility count, our former conclusions seem to be demonstrated beyond any reasonable doubt: the Mechanicsburg community has plenty of facilities for its size. On a per person basis compared to other cities across the nation, Mechanicsburg ranks in the 84th percentile for number of storage businesses, which is what we consider a very high amount of space per resident. Among cities in Pennsylvania, Mechanicsburg still has a high number of storage businesses listed on our network per inhabitant, ranking in at the 71st percentile statewide.
One more thing we'd like to note regarding Mechanicsburg's storage facilities per capita is the fact that the city has seen part of its population trickle away over the past few years. From 2000 to 2010, Mechanicsburg's population fell by 3.2%. This is in contrast to the rest of Pennsylvania, which in total took on a 3.4%-larger population over the same period. Combine Mechanicsburg's lower population growth than the rest of Pennsylvania 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.
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. This seasonality is primarily driven by moving season, which lasts from May to September and generally causes storage prices to spike. 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. Cities with high proportions of university students may see more pronounced seasonal highs and lows, as many students book storage units during the summer.
Mechanicsburg is not as affected by seasonality as other cities, with storage prices experiencing smaller price fluctuations than elsewhere. If you'd still like to play it safe, which of course is always a good idea, one way to guard against seasonal price changes is by setting up an agreement with the facility to pay a single rate for your entire rental period. The best month to go searching for storage in Mechanicsburg is October, when the average unit goes for a low $45 a month. The worst month, on the other hand, is March, when units hit a high of $130.33.
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, Mechanicsburg had an average home value of $142,000 which in the past year is up 0.026%.