As the fastest-growing city in the United States during the first decade of this century, Frisco is undergoing a sustained boom. Well-connected to the rest of the DFW metroplex by numerous highways and sporting lower housing prices than some of its neighboring cities, its no surprise that Frisco is growing as it is. Of course, those of you who call Frisco home know this well, but were you aware of how many storage facilities there are in Frisco?
You'll have a tough time telling a good deal on storage in Frisco from a great one if you don't know what storage in Frisco normally costs. 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. There's no need to fret, however, as our analysts have gone through the data and have all the statistics on storage in Frisco that you might need.
Prices on storage in Frisco average $101.18 per month. If your storage needs are of a longer term, remember that at those rates you'll be paying approximately $1214.16 a year. 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. The price difference between the smallest units and the largest can be huge. In Frisco you'll have the option of booking six standard storage unit sizes, such as 5x5, 5x10, 10x10, 10x15, 10x20, and 10x30. In Frisco, the average price for each standard size is:
|Storage Unit Size||Average Price in Frisco, TX|
It's often the case that storage prices can swing to the opposite end of the spectrum within a few blocks in the same city, just as real estate values are liable to do. That's why those looking for the best deal on a storage unit should expand the area of their search as far and wide as possible. 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. If self-storage (often known as public self storage and mini storage) in Frisco is more expensive than elsewhere, then you should definitely broaden your search. So we asked our analysts to find out.
An average price of $101.18 a month for a storage unit makes Frisco the 27th most expensive city in Texas for self-storage, while Texas itself is the 22nd most expensive state. In more exact terms, storage in Frisco costs an average of $28.15 more than the average storage unit in Texas, which goes for 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. We use our 'relative price' scale to calculate the relative affordability of storage in a given area using the state median income. Given that the average price of a storage unit in Frisco is $101.18 and the median income in Texas is $48,902.00 a year, we can determine that a storage unit would require 2.48% of a median earner's monthly paycheck. This is a very high percentage of income compared to other cities in Texas, ranking in at the 85th percentile statewide, which leads us to conclude that storage in Frisco is not cheap.
In addition, storage in Frisco is also very expensive on the national scale, ranking at the 81st percentile compared to other cities across the nation. To put that in more concrete terms, storage in Frisco should cost an average of $29.03 more than the national average price of 72.15.
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. How many facilties are operating in Frisco?
SelfStorage.com has 13 storage facilties in Frisco, TX listed on its network. On the state level, the average city in Texas is home to approximately 16 self-storage businesses, meaning that Frisco, with 3 less than that, offers few facilties relative to the rest of its state. It should come as litte surprise then that Frisco only ranks as the 61st largest storage market out of the 179 cities in Texas, accounting for a mere 0.46% of the state's total facilities. However, even if Frisco has few facilities compared to other cities in its state, it actually has 4 more than the 9 facilities that are on average found in cities across the nation.
But making comparisons between any cities, whether it be comparing Frisco to its neighbors in Texas or on a national scale, isn't a very fruitful excercise when we ignore a city's population. Are the 13 storage facilities providing the 102,413 people living in Frisco with enough storage space? For its 100,000 to 250,000 population bracket, Frisco comes a bit under the mark in terms of number of self-storage facilities. Cities in this bracket average 18 facilities, 5 more than what can be found in Frisco. We've further supported Frisco's relative lack of storage space by examining its per capita count of facilities. Per person, Frisco ranks in the 34th percentile for self-storage facilities among cities across the nation. That means that 13 storage businesses serving a city of 102,413 people isn't a very high number, and indicates that finding the necessary storage space in Frisco could be more difficult than in other cities. Perhaps if we only compare Frisco to other cities in Texas it might appear to have more storage space? Unfortunately, even by that measure it does seem as if Frisco offers relatively little space, as it places in the 21st percentile for per capita storage facilities in Texas.
The fact that Frisco is growing, and doing so at a rapid rate, also bears mentioning in our discussion of storage facilities per person. The US Census reports that Frisco saw 190.2% more people move there in the first decade of this century, 169.6% more than the 20.6% population that Texas saw altogether. Demand for self-storage in Frisco could be pushed even higher due to the fact that, in addition to its growth spurt, it has a low level of facilities per capita.
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. This seasonality, which is primarily generated by national moving patterns, hits its zenith in the late spring and early summer, and its nadir in the 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. 5x5 and 5x10 units often see wider seasonal swings, primarily due to college students renting these smaller sizes when they leave town for the summer. College towns will be particularly affected by this.
The difference in price between high and low seasons is negligible in Frisco, which experiences low seasonal effects, according to our data. 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. Those looking for self storage in Frisco will find the lowest prices in May, with its average price of $74.67. November, however, is the most expensive month, averaging $163.75.
Self Storage rates can change dramatically from one neighborhood to the next in Frisco. Searching for storage in the 75035 ZIP code should yield the cheapest rental rates, as units there average $148.95 a month, lower than anywhere else in Frisco. Rental rates are most expensive in the 75034 ZIP code, where they go for an average $149.05 per month.
Are you trying to book the cheapest rate ever on a self storage unit in Frisco, TX? May is the best month to search for storage, while the least expensive are for storage is the 75035 ZIP code. The worst time of the year to look for storage is November, the most expensive month, and be alert to the fact that the 75034 area is pricier than other areas.
Frisco, TX self storage typically costs between $51 and $305 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, Frisco had an average home value of $407,000 which in the past year is up 0.043%.