As storage prices are closely tied to local real estate prices, it makes sense that rental rates can often differ substantially even in neighboring cities. 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 extra drive to the facility could very well be worth the monthly savings. However, if self-storage (often called mini storage or public self storage) in Layton is relatively cheap for the area then searching farther afield might do little good. So how do prices in Layton stack up to the rest of the state?
Layton's average price of $136 a month for a unit ranks it as the 2nd most expensive city for self-storage in Utah, which itself ranks as the 23rd most expensive state for storage. To give you a better idea of what this means, Layton's average price is $64.36 more than the state average of $71.64.
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. That's why we've developed a 'relative price' scale that takes state median income into account. The median income in Utah is $56,991.00, which means the average storage unit in Layton would require 2.86% of a median earner's monthly income. When compared to storage price as a percent of income in other cities in Utah, Layton ranks in the 96th percentile, which means that self-storage here is quite expensive.
The same holds true on a national scale, where self-storage rates in Layton are comparatively very expensive, ranking in at the 87th percentile among cities on our nationwide network. Nationwide, storage costs an average $72.15 a month. Expect to pay about $63.85 more than that for self storage in Layton.
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 does Layton offer plenty of options when it comes to different storage facilities?
SelfStorage.com has 16 storage facilities in Layton, UT listed on its network. The average city in Utah is home to about 9 storage facilties, 7 less than what can be found in Layton, meaning Layton has a reasonably-large number of facilities. Layton also boasts the 4th highest count of storage facilities out of all 31 cities in Utah, making up 6.02% of the state's facility count. Layton isn't only a large storage market in terms of its state, either, as its 16 facilities give it 7 more than the national average of 9 facilities per city.
But of course, comparing Layton to other cities in Utah or across the nation regardless of population tells us very little. We ought to be comparing Layton, with its population of 66,747, to cities of similar size. It turns out that the average city in the 50,000 to 100,000 population bracket has 11 self-storage facilities listed on our network. That's 5 fewer facilities than are listed in Layton, leading us to conclude that Layton is slightly above-average among cities of similar size. That Layton has few facilities for its size seems to be further corroborated when we look at Layton's actual per capita storage facility coverage. In terms of self-storage facilities per capita, Layton ranks in the 54th percentile nationwide, meaning that it has a moderately-high amount of storage space for its 66,747 residents. And just as Layton ranks high for storage space per capita on a national scale, it also has a large number of storage businesses for a city in Utah, placing at the 73rd percentile.
We feel we should also mention the fact that Layton has seen moderate population increases in the past decade, jumping 13.3% from 2000 to 2010. That's not an inconsequential increase, however it is 10.5% less than the 23.8% growth the state of Utah saw in total. Combine Layton's lower population growth than the rest of Utah with its above-average number of facilities per capita for the state, and you get a recipe for relatively low storage demand, which should make the job of finding a unit easier.
Before you start your storage search in Layton, it's important that you know how much a unit in Layton typically costs. Any past experiences you might have booking storage in other cities will be of little help here, as the average price of a storage unit in one city could be hundreds of dollars higher than the next. Which is precisely the reason we've had the SelfStorage.com analysts dig through all the data in order to bring back the crucial information you need to book a unit in Layton.
You should expect to pay an average of $136 a month for self storage in Layton. At that rate, staying in a unit for a year would cost about $1632, in case you need storage for a long period of time. However, it is important that we note that this figure includes all storage unit sizes. The price gap between the smallest unit sizes and the largest can be very significant. Self storage in Layton comes in these standard sizes: 5x10, 10x10, 10x15, and 10x20. Below you'll find the average monthly price per size:
|Storage Unit Size||Average Price in Layton, UT|
One of the most prominent factors involved with finding a cheap storage unit is the time of year you go searching for that unit, as storage prices change due to seasonal demand. Peaking in May through September, when most people in the United States move, and dropping to their lowest in October through March, when far fewer people move homes, storage prices and closely linked to moving patterns. National Moving Day (the day following Memorial Day) is typically seen as the first real day of the high season and is often the busiest day of the year for storage facilities. College towns often see more radical seasonal swings, as their student populations drive demand on smaller units in particular up during the summer.
Other cities experience a lesser degree of seasonality than Layton does, the difference in price between its high and low seasons being slightly greater than average. To avoid these seasonal changes as much as possible, try to lock in a rate during the slow season that will remain unchanged through the high season. Shop for self storage in Layton during October to get the best price, when units go for an average of $39. Prices reach their highest in March, which at an average price of $164 a month you might want to avoid.
Layton self storage typically costs between $48 and $131 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, Layton had an average home value of $220,000 which in the past year is up 0.055%.