As self storage is a seasonal industry, the rates you're seeing now may be very different from those on the same unit at the same facility a few months down the road. The high season lasts from late spring to late summer, the most popular period for those moving into a new home. The high season is considered to be in full swing on National Moving Day, also called 'Crazy Tuesday,' the day after Memorial Day. In addition to families moving between homes, college students renting storage for the summer also contribute to demand during the high season, particularly in college towns.
Prices on self storage in Abilene 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. Sudden seasonal price swings could of course still happen, and one of the best ways to prevent your rates from exploding is by locking them in for the entirety of your stay when you first sign the contract with the facility. The lowest prices on self storage in Abilene can be found during the month of July, with an average price of $44, while the most expensive month is August, with an average price of $72.89.
Storage prices can vary widely depending on which part of Abilene you're in Focus your storage search on the 79605 ZIP code of Abilene, where units rent for an average $56.27 a month, the lowest in the entire city. The 79603 ZIP code, on the other hand, is the priciest neighborhood in Abilene, with an average price of $270.30 for a unit.
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 does Abilene offer plenty of options when it comes to different storage facilities?
Analysts at SelfStorage.com report that there are an estimated 28 storage facilities located in the Abilene area. Other cities in Texas are home to an average 16 facilities, 12 less than Abilene, meaning Abilene's storage coverage is slightly-higher than average. In fact, Abilene's 28 facilities give it the 19th-highest count in the state out of all 179 cities. It's home to a surprising 0.98% of all facilities in Texas. Does Abilene perform as well against other cities outside of its state? In fact it does, as its 28 facilities put it 19 above the national average of 9 per city.
Of course, simply comparing cities irrespective of their various populations tells us very little about these cities, even when we're comparing Abilene to other cities in Texas. Are the 28 storage facilities providing the 117,180 people living in Abilene with enough storage space? It turns out that Abilene actually does have a decent amount of storage space for its size, with a few more facilities than average. Cities with populations of 100,000 to 250,000 average 18 storage facilities, 10 fewer than in Abilene. Abilene's above average number of facilities seems to be substantiated when we look at the actual per capita number of facilities. Per capita, Abilene ranks in the 54th percentile for storage facilities compared to cities across the country. That means there's a reasonably-high amount of storage space in Abilene compared to other cities. Is Abilene still a city with a fairly-large amount of storage space for its population compared to others in Texas? Indeed, it is, placing into the 52nd percentile among cities in Texas.
Finally, according to US Census data, Abilene's population grew by 1.1% between the 2000 and 2010 censuses, -19.5% less than the 20.6% growth that Texas grew as a whole. With less demand for storage generated by fewer incoming inhabitants and a high amount of storage businesses per capita, Abilene would seem to be a great place to be searching for storage.
How can you hunt for a cheap storage unit if you don't know how much one in Abilene should cost? Even if you've booked storage units in other cities in the past, prices could be very different in your current city, which makes it difficult to know what is standard. In order to help you along your storage search the analysts at SelfStorage.com have crunched the numbers and processed the data so that you can know what kind of prices to expect.
Prices on storage in Abilene average $58.4 per month. That monthly rate would come out to a yearly rate of $700.8, should you be thinking of renting long term. However, it's important to note that this is the average for all storage unit sizes. Different unit sizes will of course go for very different prices. The standard sizes of storage available in Abilene include 5x5, 5x10, 10x10, 10x15, 10x20, and 10x30. Here are the average rental rates for each standard size in Abilene:
|Storage Unit Size||Average Price in Abilene, TX|
Some storage seekers are able to find much cheaper rates by looking in nearby communities in addition to their own. A more expansive search could help uncover some hidden storage gems. 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 Abilene. We've gone ahead and figured that out for you.
An average price of $58.4 a month for a storage unit makes Abilene the 106th most expensive city in Texas for self-storage, while Texas itself is the 22nd most expensive state. When searching for storage in Abilene, expect to pay $14.63 less than Texas's average price of $73.03.
While average prices will give you a good idea of how much you should expect to spend, they don't necessarily tell us if storage is relatively affordable in that city. That's why we've developed a 'relative price' scale that takes state median income into account. The median income in Texas is $48,902.00, which means the average storage unit in Abilene would require 1.43% of a median earner's monthly income. This is a somewhat-low percentage of income to spend on storage compared to prices in other cities, ranking at the 40th percentile among cities in Texas, meaning storage here is pretty cheap.
In addition, storage in Abilene is also relatively cheap on the national scale, ranking at the 39th percentile compared to other cities across the nation. 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 $13.75 less than that for self storage in Abilene.
Are you seeking a very affordable self storage unit in Abilene, TX? July is the cheapest month for storage, and the most inexpensive units are located in the 79605 ZIP code. Try to avoiding looking for storage during August, the most expensive month, and remember that the 79603 area is the priciest.
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, Abilene had an average home value of $119,900 which in the past year is up 0.062%.