Some storage seekers are able to find much cheaper rates by looking in nearby communities in addition to their own. 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. The sum you'll save each month could totally be worth the extra drive, especially if you'll only need to visit your unit on the rare occasion. That being said, if we can determine that self-storage (which also goes by mini storage and public storage) prices are lower in Amarillo than in other nearby cities, we can make it easier for you to decide whether or not to take the time on a wider search.
With its average price of $75.17 a month for a unit, Amarillo is the 67th most expensive city for self-storage in the state of Texas, which itself is the 22nd most-expensive state for storage. In more exact terms, storage in Amarillo costs an average of $2.14 more than the average storage unit in Texas, which goes for 73.03.
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. 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 Amarillo would require 1.84% of a median earner's monthly income. This is a somewhat-large percentage of income compared to other cities in Texas, ranking in at the 61st percentile statewide. We have to conlude from this that storage in Amarillo is relatively expensive.
When placed on a national scale and compared to cities across the country, storage prices in Amarillo are still somewhat expensive, ranking at the 61st percentile in terms of relative expense. Expect to pay $3.02 more than the national average of $72.15 when searching for self storage in Amarillo.
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 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. Known to some in the industry as 'Crazy Tuesday,' the day following Memorial Day is typically the busiest of the year for storage and brings the high season into full swing. 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.
Prices on self storage in Amarillo 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 $49.5, February is the cheapest month to book storage in Amarillo. With an average price of $91.29, April is the most expensive month to rent storage in Amarillo.
Some communities are home to plenty of storage businesses, offering those looking for storage a wide variety of choices, while other communities are less-well served and may need to expand their search into neighboring cities and suburbs. If I'm searching for storage in Amarillo, should I expect plenty of available storage facilities, or only a few?
SelfStorage.com has 32 storage facilties in Amarillo, TX listed on its network. The average city in Texas is home to about 16 storage facilties, 16 less than what can be found in Amarillo, meaning Amarillo has a reasonably-large number of facilities. Amarillo accounts for a surprising 1.12% of all facilities listed in Texas, coming in at 16th out of 179 cities in terms of facility count. But what about on a national scale? Even then, Amarillo has more storage facilities than the average city, 23 more than the average 9, to be exact.
But of course, comparing the raw number of storage facilities in Amarillo to other cities in Texas and nationwide without taking population into account tells us very little. So how does Amarillo, with its population of 189,392, compare to cities with similar populations? On average, cities with populations of 100,000 to 250,000 have 18 storage businesses listed on our self-storage network. That's 14 fewer than Amarillo's 32. In other words, it's pretty clear that Amarillo offers a great amount of storage space for its size. But does Amarillo's relationship to other cities in the 100,000 to 250,000 bracket prove that it has a relative surplus of self-storage facilities for the population, or would a different measure be more relevant? As it turns out, per capita data seems to have repudiated the importance of those figures. Per capita, Amarillo places in the 43rd percentile for storage facilities among cities across the United States. In other words, there are relatively few storage businesses serving the local Amarillo market for its size, so extra storage space might be harder to find here. Among cities in Texas, Amarillo ranks in the 37th percentile for storage facilities per capita, meaning that even compared to its neighbors in Texas, Amarillo offers its population a relatively low amount of self-storage space.
We feel we should also mention the fact that Amarillo has seen moderate population increases in the past decade, jumping 8.8% from 2000 to 2010. That's not an inconsequential increase, however it is 11.8% less than the 20.6% growth the state of Texas saw in total. Remember, though, that while relatively fewer people are moving into Amarillo and generating additional demand for storage, there's already a shorter supply of that storage than in most other cities in Texas, as Amarillo had a low level of facilities per capita for its state.
Searching for a storage unit in Amarillo without knowing how much one should cost is no way to go about finding a good deal. After all, storage prices can vary widely from place to place, so the only comparison you can make is with other facilities in the area. In order to make sure you don't go into your storage search unprepared, we've had our analysts comb through all the data on Amarillo storage you might need.
On average, storage businesses in Amarillo charge a rate of $75.17 per month to rent a storage unit. At those rates, a year-long stay in a unit will cost about $902.04, in case your storage needs are more long term. Note, however, that that figure is the average for all sizes taken together, and so shouldn't be used as the basis for your storage search. There can be, and often are, substanial price differences between different unit sizes. Storage units in Amarillo come in these standard sizes: 5x5, 5x10, 10x10, 10x15, 10x20, and 10x30. Here are the average monthly rates for each size:
|Storage Unit Size||Average Price in Amarillo, TX|
Self Storage rates can change dramatically from one neighborhood to the next in Amarillo. Searching for storage in the 79106 ZIP code should yield the cheapest rental rates, as units there average $72.97 a month, lower than anywhere else in Amarillo. You probably won't be finding the best deal on storage in the 79124 ZIP code in Amarillo, which with an average price of $112.08 a unit is the priciest neighborhood in town.
Are you trying to book an unbeatably-good deal on a self storage unit in Amarillo, TX? February is the best month to find cheap storage, while the best prices can be found in the 79106 ZIP code. The worst time of the year to look for storage is April, when prices are at their highest, and be attentive to the fact that the 79124 area is the most expensive part of town for storage.
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, Amarillo had an average home value of $138,000 which in the past year is down 0.011%.