Spokane, WA Self Storage: FAQ
Located on the far eastern side of Washington State, Spokane is the principal city of the Inland Northwest region, which includes all of western Washington and northern Idaho, the border of which is only 20 miles east. Indeed, Spokane has more to do culturally and economically with this region than it does the major population centers on Washington's coast. The city is just large enough to offer the urban amenities of a city but small enough to retain a small-town, community-oriented feel. If you're a Spokanite that all was nothing new to you, but do you know how many storage businesses are operating in Spokane, or how affordable storage is for its residents?
Is Spokane well-covered when it comes to the number of storage facilities? Or are my options to choose from few?
More facilities in an area mean more options, with some cities offering storage-searchers a wide range and others one that's much more narrow. About how many storage facilties are serving the Spokane area?
According to our estimates, there are approximately 41 storage businesses operating facilities in Spokane. Washington averages 10 facilities per city, meaning that Spokane is home to 31 more facilities than others in its state, which is of course a significantly-high number. Out of all 70 cities in Washington listed on the SelfStorage.com network, Spokane ranks as the 4th-highest in terms of number of storage businesses, accounting for 5.96% of facilities. But what about on a national scale? Even then, Spokane has more storage facilities than the average city, 32 more than the average 9, to be exact.
Of course, simply comparing cities irrespective of their various populations tells us very little about these cities, even when we're comparing Spokane to other cities in Washington. Are the 41 storage facilities providing the 203,268 people living in Spokane with enough storage space? Spokane offers tons of storage space for a city its size: other cities with populations 100,000 to 250,000 average only 18 storage facilities, while Spokane offers 23 more than that. On the other hand, the idea that the Spokane experiences a surplus of storage space for its size is refuted by its per person count of storage facilities. On a self-storage facilities per-person basis, Spokane ranks in the 49th percentile among cities across the United States. In other words, there's not exactly a ton of extra storage space for the 203,268 people living there. But despite having a low amount of per capita storage space for a city on the national scale, Spokane actually ranks well in 203,268, placing in the 79th percentile statewide, meaning that it has relatively more storage space per person than other cities in Washington.
We feel we should also mention the fact that Spokane has seen moderate population increases in the past decade, jumping 3.2% from 2000 to 2010. That's not an inconsequential increase, however it is 10.9% less than the 14.1% growth the state of Washington saw in total. Such a low growth rate relative to other cities in Washington, not to mention its higher number of facilities per capita than most of those cities, would seem to make Spokane a high supply but low demand city for storage, which of course is ideal for anyone seeking to book a unit there.
Which areas of Spokane are most inexpensive for renting self storage units? Which areas are the priciest?
Much like real estate, self-storage prices can change drastically within the space of a few miles in Spokane. The cheapest neighborhood for storage space in Spokane is within the 99216 ZIP code. The average unit there goes for $73.69 a month. The 99208 ZIP code, on the other hand, is the most expensive neighborhood in Spokane, with an average price of $102.32 for a unit.
How does the price of a storage unit in Spokane compare with other cities?
Self storage rates being as highly-dependent on the real estate market as they are, it should come as no surprise that prices can change dramatically within the space of a few miles. 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. Though you may have to travel farther to access your unit, the additional savings might just be worth it. However, if self-storage (often called mini storage or public self storage) in Spokane is relatively cheap for the area then searching farther afield might do little good. So how do prices in Spokane stack up to the rest of the state?
With its average price of $64.57 a month for a unit, Spokane is the 41st most expensive city for self-storage in the state of Washington, which itself is the 21st most-expensive state for storage. To give you a better idea of what this means, Spokane's average price is $9.45 less than the state average of $74.02.
These average prices don't necessarily tell you how affordable storage in one city is compared to another, as the cost of living changes from place to place. 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 Washington is $57,392.00, which means the average storage unit in Spokane would require 1.35% of a median earner's monthly income. This is a somewhat-low percentage of income to spend on storage compared to prices in other cities, ranking at the 41st percentile among cities in Washington, meaning storage here is pretty cheap.
In addition, storage in Spokane is also relatively cheap on the national scale, ranking at the 34th percentile compared to other cities across the nation. 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 $7.58 less than that for self storage in Spokane.
Are storage rental rates seasonal? Do storage unit prices in Spokane, WA change depending on the time of year?
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. Late spring to late summer is typically considered the high season, while fall, winter, and early spring are when prices are usually at their lowest. 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 students looking for a place to keep their things during the summer holiday can also have an effect on high season prices, pushing up prices on smaller units in particular, which is something to keep in mind if you live in a college town.
Prices on self storage in Spokane do not vary as widely between high and low seasons as they do on average in other cities, so seasonality should be less of an issue for potential renters here. But even if price changes are less of a risk in Spokane, locking in a rate is almost always a smart, safe move. You're most likely to get a good deal on a storage unit in Spokane during the month of August, when the average price is at its lowest, $58.21 a month. You're least likely to get a good deal in July, when the average price is a high $80.6.
How much does storage in Spokane, WA cost?
If this is your first time searching for a storage unit in Spokane you might not know what kind of prices to expect. Storage prices can shift significantly from city-to-city, so knowing what's standard for an area can be difficult. That's why we've had our analysts at SelfStorage.com analyze all the data you might need to find a cheap unit in Spokane.
Prices on storage in Spokane average $64.57 per month. If you have long term storage needs, keep in mind that that's an average price of $774.84 a year. Keep in mind that that average does not differentiate between the different sizes of units, and so should be taken with a grain of salt. Different sizes of units can go for hundreds of dollars more or less than others, even in the same city. In Spokane you'll have the option of booking six standard storage unit sizes, such as 5x5, 5x10, 10x10, 10x15, 10x20, and 10x30. By size, the average prices in Spokane are:
|Storage Unit Size||Average Price in Spokane, WA|
SELF STORAGE IN SPOKANE, WA: THE BOTTOM LINE
Hunting for a particularly inexpensive self storage unit in Spokane, WA? Look for the cheapest units in August within the 99216 ZIP code. Try to avoiding looking for storage during July, which is the most expensive time to book a unit, and be attentive to the fact that the 99208 area is the most expensive.