Prices on self storage in Salt Lake City can change substantially with a few minutes drive in any direction. Those trying to find the cheapest storage in Salt Lake City would do well by looking at facilities in the 84128 ZIP code, where storage units go for an average of $66.94 a month, the cheapest in all of Salt Lake City. You might want to avoid searching in the 84116 ZIP code, which, with its average unit price of $153.85 a month, is the most expensive place for self storage in Salt Lake City.
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 Salt Lake City, should I expect plenty of available storage facilities, or only a few?
In total, 73 Salt Lake City storage businesses have listed themselves on our self-storage facility network. That's a signifcantly-higher number of facilities more than the average Utah city offers. Other cities in the state average only 9 facilities, 64 less than what's available in Salt Lake City. Furthermore, Salt Lake City accounts for a full 27.45% of facilities in Utah and ranks as the 1st-largest storage market out of all 31 cities in Utah. Does Salt Lake City perform as well against other cities outside of its state? In fact it does, as its 73 facilities put it 64 above the national average of 9 per 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 Salt Lake City to the rest of Utah. So how does Salt Lake City, with its population of 183,102, compare to cities with similar populations? Considering that cities with populations of 100,000 to 250,000 average 18 storage facilities, we feel fully confident in saying that Salt Lake City--which offers 55 more facilities--has plenty of extra storage space for its size. We've further validated Salt Lake City's relative surplus of storage space by examining its per capita count of facilities. In terms of self-storage facilities per capita, Salt Lake City ranks in the 70th percentile nationwide, meaning that it has a moderately-high amount of storage space for its 183,102 residents. Is Salt Lake City still a city with a fairly-large amount of storage space for its population compared to others in Utah? Indeed, it is, placing into the 90th percentile among cities in Utah.
In discussing facilities per capita, we also feel that we should mention the fact that though Salt Lake City's population is growing, the rest of Utah is growing more. Salt Lake City's population saw a 0.7% increase in the first decade of this century, 23.1% less than the 23.8% increase the whole state of Utah experienced. With a lower growth in population than the rest of Utah and a high number of facilities per person for the state, Salt Lake City should be a great place to find a storage unit.
It's often true that certain areas in a city offer much lower storage rental rates than others. A great way of scoring a dirt-cheap storage unit is expanding the area in which you're searching. Sure, it might be more of a pain to drive to the facility, but hundreds of dollars in potential savings might alleviate that. If we can show that self-storage (also known as public self storage and mini storage) in Salt Lake City is more expensive than its surroundings, then you'll know to expand your search.
Salt Lake City's average price of $54.69 a month for a unit ranks it as the 21st most expensive city for self-storage in Utah, which itself ranks as the 23rd most expensive state for storage. When searching for storage in Salt Lake City, expect to pay $16.95 less than Utah's average price 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. 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 Utah, the median income is $56,991.00 a year, which would make the average $54.69 unit in Salt Lake City cost 1.15% of a median earner's monthly income. Comparing this percentage to other cities in Utah shows us that it ranks at the 33rd percentile and is therefore a somewhat cheap place to rent a self-storage unit.
If we measure according to the national scale and compare it to cities across the country, self-storage rates in Salt Lake City are still very cheap, ranking at the 23rd percentile in terms of relative expense. Expect to pay $17.46 less than the national average of $72.15 when searching for self storage in Salt Lake City.
It can be difficult to figure out if a certain storage facility's offered price is any good if you don't know how much a unit in Salt Lake City ought to cost in the first place. Storage prices can shift dramatically from one city to another, so knowing the standard for a specific area can be difficult without prior experience booking storage there. 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 Salt Lake City.
Rental rates on storage in Salt Lake City average $54.69 per month. Those of you searching for a long term storage solution should know that that's an average of $656.28 per year. It must be noted that that rate averages all sizes of units in Salt Lake City, and so shouldn't necessarily be used as a definitive yardstick during your search. You can easily end up paying up to or exceeding twice as much money for the larger units than the smaller sizes. The standard sizes of storage units in Salt Lake City are: 5x5, 5x10, 10x10, 10x15, 10x20, and 10x30. The average rental rates for each size of storage unit found in Salt Lake City are:
|Storage Unit Size||Average Price in Salt Lake City, UT|
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 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. Sometimes called 'National Moving Day' or 'Crazy Tuesday', the day following Memorial Day is typically the busiest for storage businesses and the highest point of the high season. In addition to families moving between homes, college students renting storage for the summer also contribute to demand during the high season, particularly in college towns.
Salt Lake City, according to our data, is virtually unaffected by seasonality relative to other cities, with lower highs and higher lows relative to what other cities experience. Still, booking during the low season and locking in your price with the facility is an important part of getting a good deal on self storage. With its average price of $54.69, January is the cheapest month to book storage in Salt Lake City. With an average price of $85.84, February is the most expensive month to rent storage in Salt Lake City.
Are you searching for an incredibly-good deal on a self storage unit in Salt Lake City, UT? The lowest rates can be found during January within the 84128 ZIP code. You should avoid searching in February, when units are at their priciest, and be aware that the 84116 area is the most expensive part of town for storage.
SALT LAKE CITY, UT self storage typically costs between $29 and $200 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, Salt Lake City had an average home value of $260,000 which in the past year is up 0.041%.