Before you go out looking for a cheap storage unit in Lumberton, it's important that you know how much a unit in Lumberton ususally 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. In order to make sure you don't go into your storage search unprepared, we've had our analysts comb through all the data on Lumberton storage you might need.
Prices on storage in Lumberton average $95 per month. If your storage needs are of a longer term, remember that at those rates you'll be paying approximately $1140 a year. Do keep in mind, though, that that average is for all unit sizes in Lumberton together, so comparing it to individual units will do you little good. The price you end up paying will depend on the size of the unit you decide to book. Storage units in Lumberton come in these standard sizes: 5x5, 5x10, 10x10, 10x15, 10x20, and 10x30. Below you'll find the average price by each size:
|Storage Unit Size||Average Price in Lumberton, TX|
As they are closely linked to real estate prices, self storage unit prices can be very different in one part of Lumberton to another. The best prices on storage in Lumberton can be found in the 28358 ZIP code. Units there average $83.50 a month. You probably won't be finding the best deal on storage in the 77657 ZIP code in Lumberton, which with an average price of $121.00 a unit is the most pricey place in town.
Self storage prices are highly seasonal, with rental prices often fluctuating widely throughout the year. The high season lasts from late spring to late summer, the most popular period for those moving into a new home. Memorial Day weekend marks the definitive end to the low season. The following Tuesday is often so busy that it's popularly known as 'Crazy Tuesday' within the self storage industry. College towns often see more radical seasonal swings, as their student populations drive demand on smaller units in particular up during the summer.
Lumberton is not as affected by seasonality as other cities, with storage prices experiencing smaller price fluctuations than elsewhere. However, even though prices are less likely to change dramatically in Lumberton, locking in a rate for your entire stay often allows you to bargain the total price down. The best month to go searching for storage in Lumberton is September, when the average unit goes for a low $49 a month. The worst month, on the other hand, is May, when units hit a high of $95.
Finding the unit you need at the price you want has everything to do with what's available in your area, with more facilities offering more options. If I'm searching for storage in Lumberton, should I expect plenty of available storage facilities, or only a few?
According to our estimates, there are approximately 5 storage businesses operating facilities in Lumberton. How does Lumberton compare to other cities in Texas in terms of number of facilities? Not well at all: the average city in the state has 16 listed facilities, a significant 11 more than Lumberton's 5 facilties. To put it into a different perspective, that's just barely 0.18% of the facilities in Texas, ranking it as the 115th largest out of 179 Texas cities in terms of number of storage businesses. Lumberton also has a below-average number of storage facilities when placed in comparison with cities nationwide. Its 5 facilities are 4 fewer than the 9 that can be found in the average American city.
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 Lumberton to the rest of Texas. Lumberton, TX has approximately 10,672 inhabitants. Do the 5 storage businesses there offer the community enough storage space? Among the other similarly-sized cities we have listed on the SelfStorage.com network, Lumberton has fewer self-storage facilities than average. Cities in its population bracket (10,000 to 25,000) average 6 facilities, while Lumberton comes under that mark by 1. But on the other hand, Lumberton's count of facilities per capita seems to have contended the notion that it has little storage space for the 10,672 people living there. On a storage facilities per capita basis, Lumberton ranks in the 75th percentile nationwide, meaning that it has a very high number of facilities for each resident compared with other cities. Among cities in Texas, Lumberton still has a high number of storage businesses listed on our network per inhabitant, ranking in at the 72nd percentile statewide.
We can't feel satisfied concluding our look at facilities per capita without mentioning the fact that Lumberton is seeing some modest population growth. The city saw 19.8% more people move there from 2000-2010. Though that's not insignificant, it is 0.800000000000001% less growth than the 20.6% that Texas in total saw. That low rate of growth relative to its state, combined with its high number of facilities per person, ought to make Lumberton a storage renter's paradise.
Some storage seekers are able to find much cheaper rates by looking in nearby communities in addition to their own. 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. To some, the greater distance to the facility is worth the greater savings. That being said, if we can determine that self-storage (which also goes by mini storage and public storage) prices are lower in Lumberton than in other nearby cities, we can make it easier for you to decide whether or not to take the time on a wider search.
An average price of $95 a month for a storage unit makes Lumberton the 37th most expensive city in Texas for self-storage, while Texas itself is the 22nd most expensive state. To give you a better idea of what this means, Lumberton's average price is $21.97 more than the state average of $73.03.
But average prices don't necessarily tell you how affordable storage is in a given city, as money goes further in some states than it does in others. We use our 'relative price' scale to calculate the relative affordability of storage in a given area using the state median income. In Texas, the median income is $48,902.00 a year, which would make the average $95 unit in Lumberton cost 2.33% of a median earner's monthly income. This is a very high percentage of income compared to other cities in Texas, ranking in at the 78th percentile statewide, which leads us to conclude that storage in Lumberton is not cheap.
The same holds true on a national scale, where storage in Lumberton is comparatively very expensive, ranking at the 78th 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 $22.85 more than that for self storage in Lumberton.
Trying to locate an incredibly low price on a self storage unit in Lumberton, TX? September is the best time to search for storage, while the cheapest area for storage is within the 28358 ZIP code. The worst month to look for storage is May, when unit prices reach their year-long summit, and remember that the 77657 area is the priciest.
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, Lumberton had an average home value of $182,600 which in the past year is up 0.024%.