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If you're new to searching for self storage in Philadelphia you might not know what kind of prices should be expected. 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. Which is why, in order to ensure that you go into your storage search as well informed as possible, we've gone ahead and processed the data for you.
The average rental rate of a self storage unit in Philadelphia is $79.08 a month. Over the the length of a year, that would cost you about $948.96, in case you were considering renting for a longer period of time. But before you go out and search for storage within the context of that figure, it's important to note here that that average price includes all standard sizes of storage units. Units of different dimensions will of course go for different prices. Self storage in Philadelphia comes in these standard sizes: 5x5, 5x10, 10x10, 10x15, 10x20, and 10x30. For each standard unit size, the average rental rate in Philadelphia is:
|Storage Unit Size||Average Price in Philadelphia, PA|
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. About how many storage facilties are serving the Philadelphia area?
Based on our data, we estimate that there are about 62 storage facilities doing business in the Philadelphia, PA area. On average, cities in Pennsylvania are home to only about 5 storage facilities, a full 57 less than Philadelphia's 62, meaning coverage in Philadelphia is reasonably high. It makes sense then that Philadelphia is also the 1st largest in terms of facilities out of all 105 cities in Pennsylvania listed on our storage network, accounting for approximately 12.63% of self storage facilities listed in that state. But what about on a national scale? Even then, Philadelphia has more storage facilities than the average city, 53 more than the average 9, to be exact.
But making comparisons between any cities, whether it be comparing Philadelphia to its neighbors in Pennsylvania or on a national scale, isn't a very fruitful excercise when we ignore a city's population. We ought to be comparing Philadelphia, with its population of 1,547,297, to cities of similar size. For its population, Philadelphia has a few more facilities than average. The average for cities with a population of 1,000,000 and above is 50 facilities, which of course is 12 less than the 62 in Philadelphia. But if we look at the number of facilities per person in Philadelphia, our story begins to change: indeed, these figures seem to have disputed our claim that Philadelphia has a large number of self-storage facilities per person. Philadelphia places in the 7th percentile for self storage facilities per capita among cities across the country. That very low rank indicates that the 62 storage businesses serving the 1,547,297 people living in Philadelphia is not a very large number of facilities after all, and may mean that finding the right unit in Philadelphia isn't as easy a task as it is elsewhere. If we restrict our scope down to the state level, we get similar results: for cities in Pennsylvania, Philadelphia only ranks in the 0th percentile, meaning that Philadelphia has little per capita storage space even compared to other cities in its state.
Finally, according to US Census data, Philadelphia's population grew by 2.2% between the 2000 and 2010 censuses, -1.2% less than the 3.4% growth that Pennsylvania grew as a whole. The relatively few people moving to Philadelphia might not be generating as much demand for storage as they are in faster-growing cities in Pennsylvania, but keep in mind that Philadelphia already has few storage facilities for its size, meaning it's not quite the storage seeker's market.
Storage rental rates are highly seasonal, with prices often fluctuating widely throughout the year. The high season typically begins in April or May and lasts till August or September, with prices dropping back down to their lowest in the late fall and winter. The day following Memorial Day is typically the busiest of the high season, and is known in the industry as 'National Moving Day' and 'Crazy Tuesday for the number of people who decided to move and rent storage on that day. College towns often see more radical seasonal swings, as their student populations drive demand on smaller units in particular up during the summer.
Prices on self storage in Philadelphia 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. Despite the low level of seasonality, those looking for a self storage unit may still want to lock in their price at the time of booking. With its average price of $52.51, December is the cheapest month to book storage in Philadelphia. With an average price of $83.58, February is the most expensive month to rent storage in Philadelphia.
Prices on self storage in Philadelphia can change substantially with a few minutes drive in any direction. Searching for storage in the 19134 ZIP code should yield the cheapest rental rates, as units there average $70.48 a month, lower than anywhere else in Philadelphia. The 19123 ZIP code, on the other hand, is the costliest area in Philadelphia, with an average price of $258.80 for a unit.
Some of the most successful storage finds occur when the storage seeker includes nearby towns, suburbs, and neighborhoods in their search. One of the best pieces of advice we can give customers looking for the cheapest storage in their area is to expand the breadth of their search. Depending on how often you'll need to access your unit, this could be the way to go. But is it worth expanding your search, or is self-storage (commonly called mini storage or public storage) cheaper in Philadelphia than its surroundings? We asked the analysts at SelfStorage.com to find out.
An average price of $79.08 a month for a storage unit makes Philadelphia the 47th most expensive city in Pennsylvania for self-storage, while Pennsylvania itself is the 14th most expensive state. When searching for storage in Philadelphia, expect to pay $1.87 less than Pennsylvania's average price of $80.95.
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 Philadelphia 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 Philadelphia will on average cost 1.9% of a median earner's monthly income, given that the yearly median income in Pennsylvania is $49,874.00. When we compare this storage price as a percent of the local median income to other cities in Pennsylvania, we find that it ranks in the 52nd percentile, making it a moderately expensive place to rent storage.
Philadelphia self-storage prices are somewhat expensive on the national scale as well. When compared with cities on our national network they rank in the 64th percentile. To put that in more concrete terms, storage in Philadelphia should cost an average of $6.93 more than the national average price of 72.15.
Are you trying to locate an inordinately cheap self storage unit in Philadelphia, PA? Storage units are at their lowest prices during December within the 19134 ZIP code. If you can, try not to conduct your storage search during February, the most expensive month, and be attentive to the fact that the 19123 area is the most expensive part of town for storage.
The city of Philadelphia is home to more than 1.54 million people, and another 4 million people live in the Greater Philadelphia metropolitan area. Philadelphia residents include young professionals living in the historic row houses of Center City and students attending one of the schools in University City. Many of these residents use Philadelphia self storage for additional space at an affordable rate. Using SelfStorage.com to compare the location, cost and features of Philadelphia storage units helps ensure you'll get the best deal on self storage in Philadelphia without spending a lot of time researching your options.
University City is home to many of the students and faculty of the local universities. This neighborhood in West Philadelphia surrounds Drexel University and the University of Pennsylvania. To find self storage units in University City, search SelfStorage.com using zip code 19144 or 19129.
There are dozens of colleges and universities beyond Philadelphia's University City. To find Philadelphia self storage near your campus:
When choosing self storage in Philadelphia, you may be tempted to save money by reserving a unit in a suburb beyond the city limits. If you're looking to store your belongings over the summer while you return home to another city or state, a storage unit in a nearby town can be an inexpensive alternative to self storage in Philadelphia. However, remember that this option is usually only practical if you have access to transportation and won't need to get into your storage unit frequently. To compare the price of storage units farther from campus:
This will allow you to view results based on the lowest price, regardless of distance.
Philadelphia's downtown area is known to locals as Center City. Like most downtown business districts, Center City is where you'll find most of the city's tallest buildings and major employers. Center City is also where many professionals live and socialize among historical row houses and trendy store fronts. People living in Center City may use storage units for seasonal items and family heirlooms that are important to keep but not used every day. The City Center area covers three zip codes and multiple neighborhoods, including:
In addition to limited storage space, many areas in Center City are also lacking in adequate parking. Because of this, some Philadelphia residents store their vehicles in larger Philadelphia storage units and use bikes or public transportation for their daily commutes. To find Philadelphia storage units that can accommodate an extra vehicle, narrow your search results to include only units that are at least 10 x 15 feet, or roughly the size of a one-car garage.
Philadelphia self storage typically costs between $35 and $250 a month.
Philadelphia, PA self storage typically costs between $25 and $299 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, Philadelphia had an average home value of $145,000 which in the past year is up 0.011%.