Storage rental rates are highly seasonal, with prices often fluctuating widely throughout the year. 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. Smaller unit sizes are often more strongly affected by seasonality, as college students make up a decent portion of those moving in the summer and tend to book 5x5 and 5x10 units.
Analysts at SelfStorage.com have found that seasonal price changes on self storage in Conway are marginally higher than in other cities, with a greater average difference between low and high seasons. Those looking for storage here should try to hedge against these fluctuations by locking in their monthly rate. You're most likely to get a good deal on a storage unit in Conway during the month of January, when the average price is at its lowest, $83 a month. You're least likely to get a good deal in February, when the average price is a high $157.5.
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, Conway had an average home value of $145,000 which in the past year is up 0.021%.