It's hard to tell a good price on storage from a great one when you're unaware of how much self storage in Keller should cost in the first place. 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. But there's no need to worry: we here at SelfStorage.com have all the data to help you go into your storage search well-informed.
In Keller the average monthly rental rate for a storage unit is $114. That's $1368 a year, for those of you whose storage needs are of a lengthier nature. However, it's important to note that this is the average for all storage unit sizes. The actual price will largely depend upon the size of unit you're looking for. There are six standard sizes of storage units in Keller, including: 5x5, 5x10, 10x10, 10x15, and 10x20. By size, the average prices in Keller are:
|Storage Unit Size||Average Price in Keller, TX|
If your area is well-served by a large number of facilities, finding the right unit might be easier for you than for others in communities where less storage space is on offer. In terms of the number of storage businesses in Keller, are there plenty of options available, or few?
Industry experts at SelfStorage.com estimate that there are approximately 8 storage facilities servicing the Keller, TX community. 8 facilities isn't a very high number for a city in Texas; in fact, it's 8 less than the 16 an average city in Texas has on offer. It should come as litte surprise then that Keller only ranks as the 81st largest storage market out of the 179 cities in Texas, accounting for a mere 0.28% of the state's total facilities. Keller also has a below-average number of storage facilities when placed in comparison with cities nationwide. Its 8 facilities are 1 fewer than the 9 that can be found in the average American city.
But how does Keller compare to the rest of Texas and the nation on a per capita basis? After all, not controlling for population makes most city comparisons obsolete. Keller, TX has approximately 40,055 inhabitants. Do the 8 storage businesses there offer the community enough storage space? For its population, Keller has a few more facilities than average. The average for cities with a population of 25,000 to 50,000 is 7 facilities, which of course is 1 less than the 8 in Keller. Our conclusion that Keller has plenty of facilities for its population, however, seems to be contradicted by its per capita facility count. When compared with cities nationwide, Keller ranks in the 49th percentile for storage facilities per inhabitant, which means that, comparatively, Keller is somewhat-low on storage space for its 40,055 residents. Is Keller still relatively low on storage space compared to other cities in Texas? Indeed, it seems as if it is, as Keller only ranks in the 44th percentile for per capita storage space among cities in Texas.
We can't feel satisfied concluding our look at facilities per capita without mentioning the fact that Keller is seeing some major population growth. The city saw 43.1% more people move there from 2000-2010, a whole 22.5% more growth than the 20.6% Texas in total saw. With its low level of facilities per person combined with the large number of people moving into town, Keller could be experiencing some very high levels of demand for storage units, making availability low and prices high.
Prices on self storage units can change dramatically from month to month over the course of the year, spiking higher or dipping lower depending on the season. The period between April and September is typically considered the high season for storage, while prices are lower the rest of the year, notably through October and March. 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. College students looking for a place to keep their things during the summer holiday can also have an effect on high season prices, pushing up prices on smaller units in particular, which is something to keep in mind if you live in a college town.
Compared with other cities, Keller experiences a somewhat higher level of seasonality, with prices between low and high seasons differing to a greater degree than in many cities. If you know how long you'll be renting your unit, one way of avoiding seasonal price changes is by agreeing to pay a single rate for your entire stay. October is the most expensive month for storage in Keller, with an average price of $127. The cheapest prices on storage in Keller can be found during the month of November, where the average cost of a unit is $44.
Just like real estate prices, prices on storage can be totally different in different parts of the same city. A more expansive search could help uncover some hidden storage gems. The extra drive to the facility could very well be worth the monthly savings. If we can show that self-storage (also known as public self storage and mini storage) in Keller is more expensive than its surroundings, then you'll know to expand your search.
With its average price of $114 a month for a unit, Keller is the 20th 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 Keller costs an average of $40.97 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. In order to establish some kind of index of affordability for Keller storage, we've developed a 'relative price' scale which takes the cost of living in terms of state median income into account. The median income in Texas is $48,902.00, which means the average storage unit in Keller would require 2.8% of a median earner's monthly income. When compared to storage price as a percent of income in other cities in Texas, Keller ranks in the 89th percentile, meaning that storage here is quite expensive.
In addition, storage in Keller is also very expensive on the national scale, ranking at the 86th percentile compared to other cities across the nation. 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 $41.85 more than that for self storage in Keller.
Storage prices often follow real estate trends, which means that certain areas of Keller can be significantly more or less expensive than others. The 76244 ZIP code offers the best rates on storage in Keller, with an average price of $106.13 a month. On the other hand, the 76248 ZIP code is the most pricey area of Keller to rent a storage unit, with rental rates averaging $135.81 a month.
Are you searching for a surprisingly-cheap self storage unit in Keller, TX? November is your best bet for renting cheap storage, and the best place to look for cheap storage is the 76244 ZIP code. You should avoid searching in October, which is the most expensive time to book a unit, and be aware that the 76248 area is the most expensive part of town for storage.
Keller self storage typically costs between $39 and $124 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 Keller is $385,000.