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. If I'm searching for storage in Temple, should I expect plenty of available storage facilities, or only a few?
According to our estimates, there are approximately 19 storage businesses operating facilities in Temple. How does that compare to other cities in Texas? Temple is home to 3 more facilities than the average city in Texas, which is only home to about 16 storage businesses. Indeed, Temple ranks as the 38th city out of the 179 cities on our network in Texas in terms of number of storage facilities, accounting for a whopping 0.67% of facilities in the state. Even by national standards, Temple boasts a large number of facilities, 10 more than the national average of 9 facilities in each city.
'But what about self storage facilities per capita?', you might be thinking. Comparing Temple to other cities in Texas irrespective of population does, indeed, make little sense. 60,120 people make Temple their home. Is 19 a relatively high or low number of storage facilities for such a population? Considering that the average city that falls in the 50,000 to 100,000 population bracket has 11 self storage facilities, we can conclude that Temple, which boasts 8 more, has a fairly-high amount of storage space for its size. We've further verified Temple's relative surplus of storage space by examining its per capita count of facilities. With 19 facilities for its 60,120 residents, Temple ranks in the 63rd percentile for self-storage facilities per person in cities nationwide. In other words, there's a pretty good amount of storage for each person in Temple. How does Temple compare to its neighbors in Texas? It seems that even compared to other cities in Texas, Temple still has a large amount of storage space on offer for its population, as it sits in the 60th percentile for facilities per capita.
Finally, according to US Census data, Temple's population grew by 8.8% between the 2000 and 2010 censuses, -11.8% less than the 20.6% growth that Texas grew as a whole. With its lower growth rate and higher number of facilities per capita versus other cities in its state, Temple's supply of storage units should outweigh the demand.
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 is primarily driven by moving season, which lasts from May to September and generally causes storage prices to spike. 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.
The difference in price between high and low seasons is negligible in Temple, which experiences low seasonal effects, according to our data. Even though you shouldn't have to worry as much about your rates changing later in the year, it's always best to lock in your rate with the facility if possible. Those looking for self storage in Temple will find the lowest prices in March, with its average price of $33.67. September, however, is the most expensive month, averaging $89.75.
Searching for a storage unit in Temple 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 Temple with those in other cities you might have rented a storage unit in in the past. In order to help you go into your storage search as informed as possible, we've had our storage analysts go over all the data on Temple we have available.
In Temple, storage units rent at an average of $65 a month. To put that into perspective for those thinking of renting a unit for a year or more, that's about $780 per year. This average does encompass all storage unit sizes, so it should be taken with a large grain of salt. Different unit sizes will of course go for very different prices. The standard sizes of storage available in Temple include 5x5, 5x10, 10x10, 10x15, 10x20, and 10x30. In Temple, the average price for each standard size is:
|Storage Unit Size||Average Price in Temple, TX|
Much like real estate values, storage prices can be totally different on one side of a city as they are on another. This should be of little surprise given storage's conection to the real estate industry. 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. To some, the greater distance to the facility is worth the greater savings. But on the other hand, if we can show that self-storage (commonly known as mini storage or public self storage) is cheaper in Temple than its surroundings, there's no reason to waste time looking elsewhere.
Temple's average price of $65 a month for a unit ranks it as the 89th most expensive city for self-storage in Texas, which itself ranks as the 22nd most expensive state for storage. When searching for storage in Temple, expect to pay $8.03 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. The median income in Texas is $48,902.00, which means the average storage unit in Temple would require 1.6% of a median earner's monthly income. Compared to the price-as-percent-of-income in other Texas cities, Temple ranks at the 49th percentile, making storage here relatively affordable.
Temple storage prices are relatively cheap on the national scale as well. When compared with national cities they rank in the 49th percentile. Nationwide, storage costs an average $72.15 a month. Expect to pay about $7.15 less than that for self storage in Temple.
Storage prices on one side of Temple can be totally different on the other side of the city. You'll find the best prices on storage in the 76504 ZIP code, which averages $50.00 a month for a storage unit. Storage is most pricey in the 76502 ZIP code, where you should expect to pay about $82.00 a month for a unit.
Do you want to book a super affordable self storage unit in Temple, TX? March is the best time to find inexpensive storage, while the greatest discounts will be found in the 76504 ZIP code. Try to avoiding looking for storage during September, when units are at their priciest, and be alert to the fact that the 76502 area is costlier than other areas.
Temple self storage typically costs between $35 and $146 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, Temple had an average home value of $141,500 which in the past year is up 0.072%.