Searching for a storage unit in Arlington without knowing how much one should cost is no way to go about finding a good deal. Average prices varying as they do from place to place, the only valuable comparison you can make is with other storage facilities in the area. 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.
The average price of a self storage unit in Arlington is $68.48 a month. If you're thinking of renting a unit for the long term, that's approximately $821.76 per year. Don't, however, take that number too seriously, as it doesn't discriminate by unit size. You can, after all, end up paying twice as much for the larger unit sizes than the smaller sizes. There are six standard sizes of storage units in Arlington, including: 5x5, 5x10, 10x10, 10x15, 10x20, and 10x30. For each standard size, the average price in Arlington is:
|Storage Unit Size||Average Price in Arlington, TX|
It's not uncommon for another community a few miles down the road to offer substanial savings on storage compared to the rates in your community. Storage facilities just on the periphery of your current search might have some great rental rates, and you'll only find them if you search a little more broadly. Depending on how often you'll need to access your unit, this could be the way to go. But on the other hand, if we can show that self-storage (commonly known as mini storage or public self storage) is cheaper in Arlington than its surroundings, there's no reason to waste time looking elsewhere.
An average price of $68.48 a month for a storage unit makes Arlington the 80th most expensive city in Texas for self-storage, while Texas itself is the 22nd most expensive state. In more exact terms, storage in Arlington costs an average of $4.55 less 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. To give you a better idea of affordability, we've created a 'relative price' scale that estimates how expensive storage is for median income earners in that state. A storage unit in Arlington will on average cost 1.68% of a median earner's monthly income, given that the yearly median income in Texas is $48,902.00. This is a somewhat-large percentage of income compared to other cities in Texas, ranking in at the 54th percentile statewide. We have to conlude from this that storage in Arlington is relatively expensive.
Arlington storage prices are somewhat expensive on the national scale as well. When compared with national cities they rank in the 53rd percentile. Nationwide, storage costs an average $72.15 a month. Expect to pay about $3.67 less than that for self storage in Arlington.
Certain areas of Arlington can be significantly cheaper or more expensive for storage than others. The cheapest neighborhood for storage space in Arlington is within the 2476 ZIP code. The average unit there goes for $65.00 a month. Storage prices are highest within the 76018 ZIP code of Arlington, where rentals average $153.90 a month.
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. Storage seasonality is in synch with the moving seasons, which are at their highest in the late spring and summer, as a huge amount of storage demand is generated by people moving into new homes. The day after Memorial Day (which those in the moving and storage industries often refer to as 'Crazy Tuesday') is typically seen as the start of the high season and is frequently the most expensive day to rent storage during that season. 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.
Self storage prices in Arlington are not nearly as affected by seasonal changes as other cities are, meaning there's a greater likelihood you'll find stable year-round prices. If you'd still like to play it safe, which of course is always a good idea, one way to guard against seasonal price changes is by setting up an agreement with the facility to pay a single rate for your entire rental period. May is the least expensive month for storage in Arlington, with an average price of $40.91 for a storage unit. November is the most expensive month, when storage goes for an average rate of $76.3.
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. So does Arlington offer plenty of options when it comes to different storage facilities?
Analysts at SelfStorage.com report that there are an estimated 51 storage facilities located in the Arlington area. The average city in Texas hosts 16 storage businesses, 35 less than what's on offer in Arlington. In other words, Arlington offers great storage coverage for its state. It makes sense then that Arlington is also the 9th largest in terms of facilities out of all 179 cities in Texas listed on our storage network, accounting for approximately 1.78% of self storage facilities listed in that state. Outside of Texas, Arlington still has a sizeable supply of storage facilities, 42 more than the 9 that other cities across the nation average.
If we're making comparisons between cities, however, we're missing out on some important insights if we don't factor population in, even if we're simply comparing Arlington to the rest of Texas. Are the 51 storage facilities providing the 380,085 people living in Arlington with enough storage space? Comparing Arlington to other cities in the 250,000 to 1,000,000 population bracket, we find that Arlington has a few more facilities than average. That bracket's average is 49 facilities per city, 2 less than what can be found in Arlington. One might well argue that comparing Arlington to cities of a like size doesn't necessarily show that there are a great number of facilities for the size of its population, and that a better measure would be facilities per capita. And indeed, per capita data seems to have opposed our findings. In comparison with cities across the country, Arlington's 51 self-storage facilities for its 380,085 residents ranks it in the 35th percentile for facilities per person, meaning that there's relatively-little extra storage space for its residents. Even if we restrict our scope of comparison to the state level, Arlington doesn't seem to offer its population as much storage space as other cities do, attaining a low rank in the 24th percentile for facilities per capita among cities in Texas.
Finally, according to US Census data, Arlington's population grew by 13.5% between the 2000 and 2010 censuses, -7.1% less than the 20.6% growth that Texas grew as a whole. The relatively few people moving to Arlington might not be generating as much demand for storage as they are in faster-growing cities in Texas, but keep in mind that Arlington already has few storage facilities for its size, meaning it's not quite the storage seeker's market.
Trying to book an unbeatably low price on a self storage unit in Arlington, TX? May is the best month to search for storage, while the greatest bargains will be located in the 2476 ZIP code. The worst time of the year to look for storage is November, the priciest month of the year for storage, and be mindful of the fact that 76018 area is the priciest.
Arlington self storage typically costs between $29 and $166 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, Arlington had an average home value of $155,000 which in the past year is up 0.050%.