Storage prices often follow real estate trends, which means that certain areas of Jackson can be significantly more or less expensive than others. The 56143 ZIP code offers the best rates on storage in Jackson, with an average price of $50.00 a month. Units rent at the highest price in the 8527 ZIP code, where they average $161.64 a month.
When it comes to finding self-storage, the more really is the merrier: more storage businesses in your area means more unit options available, and more options mean a greater chance you'll be able to choose a unit that satisfies your storage needs. So how many storage businesses are located in Jackson?
According to our numbers, there are 21 total storage facilities in Jackson, TN. The average city in Tennessee is home to about 13 storage facilties, 8 less than what can be found in Jackson, meaning Jackson has a reasonably-large number of facilities. Jackson accounts for a surprising 5.19% of all facilities listed in Tennessee, coming in at 6th out of 31 cities in terms of facility count. The same holds true on a national level: Jackson is home to 12 more facilities than the US average of 9 facilities per city.
But making comparisons between any cities, whether it be comparing Jackson to its neighbors in Tennessee or on a national scale, isn't a very fruitful excercise when we ignore a city's population. Are the 21 facilities in Jackson sufficient at supplying the 63,732 people who call it home with enough extra storage space? It turns out that Jackson actually does have a decent amount of storage space for its size, with a few more facilities than average. Cities with populations of 50,000 to 100,000 average 11 storage facilities, 10 fewer than in Jackson. Jackson's above average number of facilities seems to be substantiated when we look at the actual per capita number of facilities. Jackson ranks in the 64th percentile for self-storage facilities per capita nationwide, meaning that compared to other cities across the country, Jackson has a decent amount of storage space. Is Jackson still a city with a fairly-large amount of storage space for its population compared to others in Tennessee? Indeed, it is, placing into the 50th percentile among cities in Tennessee.
Finally, it also seems that Jackson is undergoing a modest level of population growth. According to the US Census, Jackson grew by 6.3% from 2000 to 2010, which, though not insignificant, is 5.2% less than the 11.5% growth Tennessee saw. Such a low growth rate relative to other cities in Tennessee, not to mention its higher number of facilities per capita than most of those cities, would seem to make Jackson a high supply but low demand city for storage, which of course is ideal for anyone seeking to book a unit there.
The self storage market being of a seasonal nature, the prices on offer at the moment could be substantially different from those you'll see two months from now. 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. The high season is considered to be in full swing on National Moving Day, also called 'Crazy Tuesday,' the day after Memorial Day. University towns often see the sharpest seasonal spikes, as college students rent a significant number of storage units when they go home during their summer break. Smaller sized units in particular will see a rise in price during this period.
Those looking for storage in Jackson shouldn't have to worry as much about seasonal prices swings, as according to our data these swings are much less extreme here than elsewhere. Still, hunting for storage during the cheapest month of the year is always a great way to find a good deal. You're most likely to get a good deal on a storage unit in Jackson during the month of January, when the average price is at its lowest, $44 a month. You're least likely to get a good deal in September, when the average price is a high $70.
Some storage seekers are able to find much cheaper rates by looking in nearby communities in addition to their own. If you're searching for the cheapest storage unit out there, a good rule of thumb is to look farther abroad than you originally set out to. Sure, it might be more of a pain to drive to the facility, but hundreds of dollars in potential savings might alleviate that. If we can show that self-storage (also known as public self storage and mini storage) in Jackson is more expensive than its surroundings, then you'll know to expand your search.
Jackson's average price of $44 a month for a unit ranks it as the 21st most expensive city for self-storage in Tennessee, which itself ranks as the 39th most expensive state for storage. When searching for storage in Jackson, expect to pay $16.11 less than Tennessee's average price of $60.11.
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. That's why we've developed a 'relative price' scale that takes state median income into account. In Tennessee, the median income is $41,044.00 a year, which would make the average $44 unit in Jackson cost 1.29% of a median earner's monthly income. This is actually a moderately-low percentage of income to spend on a storage unit: compared to other cities in Tennessee it ranks at the 31st percentile.
The same holds true on a national scale, where storage in Jackson is comparatively relatively cheap, ranking at the 30th 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 $28.15 less than that for self storage in Jackson.
Before you go out looking for a cheap storage unit in Jackson, it's important that you know how much a unit in Jackson ususally costs. Since the average price of storage can be over $100 different between two cities in the same state, any past experiences booking storage elsewhere will be little help here. But there's no need to worry: we here at SelfStorage.com have all the data to help you go into your storage search well-informed.
In Jackson the average monthly rental rate for a storage unit is $44. If your storage needs are of a longer term, remember that at those rates you'll be paying approximately $528 a year. Do keep in mind, though, that that average is for all unit sizes in Jackson together, so comparing it to individual units will do you little good. The price difference between the smallest units and the largest can be huge. The standard sizes of storage available in Jackson include 5x10, 10x10, 10x15, 10x20, and 10x30. Below you'll find the average price by each size:
|Storage Unit Size||Average Price in Jackson, TN|
Are you seeking a particularly-low price on a self storage unit in Jackson, TN? January offers the cheapest prices on storage, while you'll land the best rental rate in the 56143 ZIP code. The worst time of the year to look for storage is September, the month during which prices hit their year-long peak, and be aware that the 8527 area has the steepest prices.
Jackson self storage typically costs between $44 and $87 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, Jackson had an average home value of $119,900 which in the past year is up 0.009%.