Those who have been to Fort Worth or have called it home know how much of a mistake it is to lazily lump it together with Dallas. Sure, the two have grown together, squeezing Arlington between them, but Fort Worth has retained a very distinct feel. Cowtown, called so for its massive cattle market, has much more to do with the American West than glitzy Dallas. Though it does have more of a rough and tumble, small-town feel than the rest of the DFW metroplex, don't think of Fort Worth as Dallas's country-bumpkin cousin: the city is home to Lockheed-Martin and Bell Helicopter, Texas Christian University, and the Fort Worth Museum of Modern Art, considered by many the best art museum in all of Texas. Sure, if you call Fort Worth home then all of that was just preaching to the choir--but do you know which part of Fort Worth has the cheapest storage facilities?
Sometimes storage prices in the next town or suburb over are significantly cheaper than those in your immediate area. 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. Depending on how often you'll need to access your unit, this could be the way to go. In order to help you know whether or not to expand your search, the analysts at SelfStorage.com have done the math to figure out whether self-storage (also called mini storage or public self storage) in Fort Worth is relatively more or less expensive than other cities.
With its average price of $71.63 a month for a unit, Fort Worth is the 74th most expensive city for self-storage in the state of Texas, which itself is the 22nd most-expensive state for storage. When searching for storage in Fort Worth, expect to pay $1.40 less than Texas's average price of $73.03.
An average price alone, however, doesn't tell you if storage is or isn't more affordable in one city versus another, as the cost of living will also be different. 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. Given that the average price of a storage unit in Fort Worth is $71.63 and the median income in Texas is $48,902.00 a year, we can determine that a storage unit would require 1.76% of a median earner's monthly paycheck. When we compare this storage price as a percent of income to other cities in Texas, we find that it ranks in the 58th percentile, making it a fairly expensive place to rent storage.
When placed on a national scale and compared to cities across the country, storage prices in Fort Worth are still somewhat expensive, ranking at the 57th percentile in terms of relative expense. Nationwide, storage costs an average $72.15 a month. Expect to pay about $0.52 less than that for self storage in Fort Worth.
Searching for a storage unit in Fort Worth without knowing how much one should cost is no way to go about finding a good deal. Storage prices being as highly-dependent on location as they are, there's little use in comparing the facilities in Fort Worth with those in other cities you might have rented a storage unit in in the past. That's why the analysts at SelfStorage.com have crunched the numbers so that you can know what to expect before you begin your storage search.
In Fort Worth, storage units rent at an average of $71.63 a month. That's $859.56 a year, for those of you whose storage needs are of a lengthier nature. Keep in mind that that average does not differentiate between the different sizes of units, and so should be taken with a grain of salt. Larger units can be more than twice as expensive as the smaller sizes. The standard sizes of storage available in Fort Worth include 5x5, 5x10, 10x10, 10x15, 10x20, and 10x30. Below you'll find the average price by each size:
|Storage Unit Size||Average Price in Fort Worth, TX|
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. How many facilties are operating in Fort Worth?
According to our numbers, there are 113 total storage facilities in Fort Worth, TX. How does that number compare to other communities? It's a full 97 facilities more than the average city in Texas, where there are an average 16 facilities in each city. Out of all 179 cities in Texas listed on the SelfStorage.com network, Fort Worth ranks as the 5th-highest in terms of number of storage businesses, accounting for 3.93% of facilities. The same holds true on a national level: Fort Worth is home to 104 more facilities than the US average of 9 facilities per city.
On the other hand, comparing the total number of storage facilities in one city to another irrespective of the number of people that live in each city makes little sense, even when we're comparing Fort Worth to other cities in Texas. Approximately 727,577 people live in Fort Worth, TX. Is that a large population for a city with 113 self-storage facilities, or a small one? Other cities in the 250,000 to 1,000,000 population bracket have an average 49 storage facilities listed on our network, 64 fewer than Fort Worth. By that number, we can confidently say that Fort Worth, TX has plenty of extra storage space. On the other hand, the idea that the Fort Worth experiences a surplus of storage space for its size is refuted by its per person count of storage facilities. Per person, Fort Worth ranks in the 40th percentile for self-storage facilities among cities across the nation. That means that 113 storage businesses serving a city of 727,577 people isn't a very high number, and indicates that finding the necessary storage space in Fort Worth could be more difficult than in other cities. Even if we restrict our scope of comparison to the state level, Fort Worth doesn't seem to offer its population as much storage space as other cities do, attaining a low rank in the 33rd percentile for facilities per capita among cities in Texas.
Our discussion of facilities per capita can't be completed without mentioning Fort Worth's rapid population growth from 2000-2010, a period over which it took on 33.2% more people. That's a 12.6%-higher growth rate than Texas, which grew by 20.6%, saw as a whole. Fort Worth's high rate of growth, plus its low level of self-storage facilities per person, could cause demand for a storage unit, and possibly storage prices, to be extremely high.
As they are closely linked to real estate prices, self storage unit prices can be very different in one part of Fort Worth to another. The cheapest neighborhood for storage space in Fort Worth is within the 76115 ZIP code. The average unit there goes for $72.96 a month. Storage is most expensive in the 76109 ZIP code, where you should expect to pay about $126.06 a month for a unit.
One of the most prominent factors involved with finding a cheap storage unit is the time of year you go searching for that unit, as storage prices change due to seasonal demand. 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. College towns often see more radical seasonal swings, as their student populations drive demand on smaller units in particular up during the summer.
Those looking for storage in Fort Worth 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. Shop for self storage in Fort Worth during March to get the best price, when units go for an average of $52.47. Prices reach their highest in August, which at an average price of $78.89 a month you might want to avoid.
Are you seeking an astoundingly inexpensive self storage unit in Fort Worth, TX? March is the best month of the year to find cheap storage, and you'll find the best deals in the 76115 ZIP code. The least optimal time to search for storage is in August, when storage prices reach their climax, and be cognizant of the fact that the 76109 area is pricier than other areas.
Fort Worth, TX self storage typically costs between $25 and $252 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, the average price of a home in Fort Worth is $164,900.