How can you hunt for a cheap storage unit if you don't know how much one in Humble should cost? 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. 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.
Storage rentals in Humble have an average montly rate of $57.27. That monthly rate would come out to a yearly rate of $687.24, should you be thinking of renting long term. This average does encompass all storage unit sizes, so it should be taken with a large grain of salt. As you might expect, monthly rates will change depending on the size of the unit you choose. There are six standard sizes of storage units in Humble, including: 5x5, 5x10, 10x10, 10x15, 10x20, and 10x30. For each standard size, the average price in Humble is:
|Storage Unit Size||Average Price in Humble, TX|
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. The high season lasts from late spring to late summer, the most popular period for those moving into a new home. The high season comes into full swing on the day after Memorial Day, which is such a popular time to rent storage that those in the industry have taken to calling it 'Crazy Tuesday.' Seasonal prices are often even more extreme in college towns, where students book a large number of self storage units during their summer vacation.
Prices on self storage in Humble 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. But even if price changes are less of a risk in Humble, locking in a rate is almost always a smart, safe move. The lowest prices on self storage in Humble can be found during the month of August, with an average price of $53.31, while the most expensive month is November, with an average price of $90.74.
Over the course of your search you'll likely be comparing a number of facilities against one another to find the right option for you. Most would agree that the more storage businesses there are to compare, the better. After all, who doesn't like options? So how many storage facilities are there in Humble?
Industry experts at SelfStorage.com estimate that there are approximately 17 storage facilities servicing the Humble, TX community. Humble is home to a slightly-higher number of storage facilities than most other cities in Texas. The average city in Texas is home to 16 storage businesses, 1 less than what can be found in Humble. If we were to rank Humble among the other 179 cities in Texas, it would come out as the 42nd largest market for self storage, accounting for a surprising 0.6% of all facilities in the state. Outside of Texas, Humble still has a sizeable supply of storage facilities, 8 more than the 9 that other cities across the nation average.
'But what about self storage facilities per capita?', you might be thinking. Comparing Humble to other cities in Texas irrespective of population does, indeed, make little sense. So how does Humble, with its population of 14,865, compare to cities with similar populations? As it turns out, Humble actually does have a large amount of storage space for its size. Nationwide, cities with populations of 10,000 to 25,000 have an average 6 storage facilities, which is of course 11 less than the 17 found in Humble. We've further confirmed Humble's relative surplus of storage space by examining its per capita count of facilities. On a per person basis compared to other cities across the nation, Humble ranks in the 92nd percentile for number of storage businesses, which is what we consider a very high amount of space per resident. The same goes for Humble when we compare it to other cities in Texas: just as it achieves a high rank for per capita storage facilities versus cities nationwide, it ranks in the 86th percentile for cities in Texas.
Another thing about Humble we feel we should mention is that while it has grown in the past decade, it hasn't done so by as much as the rest of Texas has. Humble saw a small 1.7% jump between the 2000 and 2010 census, 18.9% less than the 20.6% the state of Texas experienced as a whole. Add that low rate of growth to the fact that Humble also has a high number of facilities per capita, and you get what appears to be an excellent place to find a storage unit.
Prices on self storage in Humble can change substantially with a few minutes drive in any direction. The cheapest area for storage space in Humble is within the 77338 ZIP code. The average unit there goes for $92.12 a month. You might want to avoid searching in the 77396 ZIP code, which, with its average unit price of $140.91 a month, is the highest-priced area for self storage in Humble.
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. 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. But is it worth expanding your search, or is self-storage (commonly called mini storage or public storage) cheaper in Humble than its surroundings? We asked the analysts at SelfStorage.com to find out.
Humble's average price of $57.27 a month for a unit ranks it as the 109th most expensive city for self-storage in Texas, which itself ranks as the 22nd most expensive state for storage. When searching for storage in Humble, expect to pay $15.76 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. 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. In Texas, the median income is $48,902.00 a year, which would make the average $57.27 unit in Humble cost 1.41% of a median earner's monthly income. Compared to the price-as-percent-of-income in other Texas cities, Humble ranks at the 38th percentile, making storage here relatively affordable.
The same holds true on a national scale, where storage in Humble is comparatively relatively cheap, ranking at the 38th percentile among cities nationwide. 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 $14.88 less than that for self storage in Humble.
Are you seeking out the single best bargain on a self storage unit in Humble, TX? August is the cheapest month for storage, while the lowest rental rates will be located in the 77338 ZIP code. Try not to start your search in November, when storage prices climb the highest, and be warned that the 77396 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, Humble had an average home value of $127,500 which in the past year is down 0.003%.