Lacey, WA Self Storage: FAQ
How many options are there in terms of different storage facilities in Lacey, WA?
A greater number of storage facilities equates to more available storage space, so the number of facilities operating in your city will be one of the most important factors in your storage search. So how many storage facilities are there in Lacey?
Based on our data, we estimate that there are about 7 storage facilities doing business in the Lacey, WA area. On the state level, the average city in Washington is home to approximately 10 self-storage businesses, meaning that Lacey, with 3 less than that, offers few facilties relative to the rest of its state. It makes sense then that Lacey is only the 34th largest city for storage out of all 70 cities in Washington listed on our network, containing only 1.02% of all facilities in the state. Lacey also has a below-average number of storage facilities when placed in comparison with cities nationwide. Its 7 facilities are 2 fewer than the 9 that can be found in the average American city.
'But what about self storage facilities per capita?', you might be thinking. Comparing Lacey to other cities in Washington irrespective of population does, indeed, make little sense. Do the 7 self storage facilities in Lacey offer the 42,046 people living there enough extra storage space? How does Lacey compare to similarly-sized cities? It turns out that the average city with a population of 25,000 to 50,000 is home to 7 storage businesses, precisely the same number as can be found in Lacey. Another way of looking at how much storage space there is in Lacey for its 42,046 inhabitants would be facilities per person. Is Lacey still average according to that metric? When compared with cities nationwide, Lacey ranks in the 42nd percentile for storage facilities per inhabitant, which means that, comparatively, Lacey is somewhat-low on storage space for its 42,046 residents. Even if we restrict our scope of comparison to the state level, Lacey doesn't seem to offer its population as much storage space as other cities do, attaining a low rank in the 15th percentile for facilities per capita among cities in Washington.
The fact that Lacey is growing, and doing so at a rapid rate, also bears mentioning in our discussion of storage facilities per person. The US Census reports that Lacey saw 32.7% more people move there in the first decade of this century, 18.6% more than the 14.1% population that Washington saw altogether. On top of the demand generated by an influx of new inhabitants, low levels of facilities per capita could drive demand for a storage unit in Lacey even higher.
Is self storage in Lacey pricey?
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. This might make it more difficult to access your unit, but the extra money in your pocket every month may just be worth it. But is it worth expanding your search, or is self-storage (commonly called mini storage or public storage) cheaper in Lacey than its surroundings? We asked the analysts at SelfStorage.com to find out.
An average price of $120 a month for a storage unit makes Lacey the 6th most expensive city in Washington for self-storage, while Washington itself is the 21st most expensive state. In general, storage units in Lacey go for $45.98 more than the state average of $74.02.
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. We use our 'relative price' scale to calculate the relative affordability of storage in a given area using the state median income. Given that the average price of a storage unit in Lacey is $120 and the median income in Washington is $57,392.00 a year, we can determine that a storage unit would require 2.51% of a median earner's monthly paycheck. When compared to storage price as a percent of income in other cities in Washington, Lacey ranks in the 92nd percentile, meaning that storage here is quite expensive.
Lacey storage prices are very expensive on the national scale as well. When compared with national cities they rank in the 82nd percentile. Nationwide, storage costs an average $72.15 a month. Expect to pay about $47.85 more than that for self storage in Lacey.
What are the cheapest months to rent storage in Lacey, WA? Which months are most expensive?
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. 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. 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.' College towns often see more radical seasonal swings, as their student populations drive demand on smaller units in particular up during the summer.
Analysts at SelfStorage.com have found that seasonal price changes on self storage in Lacey are marginally higher than in other cities, with a greater average difference between low and high seasons. The best way to keep seasonal changes at bay is to negotiate with the facility when you first book your unit for a single rate that will remain unchanged for the entire time you stay there. The best month to go searching for storage in Lacey is April, when the average unit goes for a low $55 a month. The worst month, on the other hand, is October, when units hit a high of $164.
How much should my Lacey storage unit cost per month?
It's impossible to know what a good deal on storage is if you don't know what kind of prices to expect in Lacey. Comparing facilities you booked storage at in other cities will do you little good, as the average price for storage could be hundreds of dollars different. In order to help you along your storage search the analysts at SelfStorage.com have crunched the numbers and processed the data so that you can know what kind of prices to expect.
Storage rentals in Lacey have an average montly rate of $120. If your storage needs are of a longer term, remember that at those rates you'll be paying approximately $1440 a year. It's important to note here that that average price does include all standard storage unit sizes. Prices for different unit sizes are, of course, quite different from one another. Storage units in Lacey come in these standard sizes: 5x5, 5x10, 10x10, 10x15, 10x20, and 10x30. By size, the average prices in Lacey are:
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