Tacoma, WA Self Storage: FAQ
Where rails meet sails' is Tacoma's old motto, one it earned as the gateway between the Pacific Northwest and the blue waters of the Pacific. Tacoma has always been about industry and hard labor, but don't think this blue collar town cultureless. Over the past two decades Tacoma's downtown has seen a revival, and is now filled with cafes, theaters, and museums, the crown jewel of which being the fantastic Museum of Glass. If you're a Tacoman you know all of this well; but are you aware of how much a storage unit costs as part of a Tacoman's median salary?
Which areas of Tacoma are most inexpensive for self-storage units? Which areas are the most expensive?
Prices on self storage in Tacoma can change substantially with a few minutes drive in any direction. Look for a cheap unit in the 98444 ZIP code, where the average price of $93.42 is the lowest in Tacoma. Tacoma's highest-priced place for storage lies within the 98409 ZIP code, where storage rental rates are an average $138.85 a month.
Is self storage in Tacoma cheap?
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. A more expansive search could help uncover some hidden storage gems. Depending on how often you'll need to access your unit, this could be the way to go. If the average price of self storage (which includes facilities called mini storage or public self storage) is higher in Tacoma, then you'll definitely want to expand your search. So is it?
With its average price of $121.68 a month for a unit, Tacoma is the 4th 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, Tacoma's average price is $47.66 more 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. Given that the average price of a storage unit in Tacoma is $121.68 and the median income in Washington is $57,392.00 a year, we can determine that a storage unit would require 2.54% of a median earner's monthly paycheck. As a percentage of income, storage in Tacoma is very expensive according to our scale, its relative price ranking in at the 94th percentile in Washington.
When placed on a national scale and compared to cities across the country, storage prices in Tacoma are still very expensive, ranking at the 82nd percentile in terms of relative expense. To put that in more concrete terms, storage in Tacoma should cost an average of $49.53 more than the national average price of 72.15.
How much self-storage space is there in Tacoma? How many storage facilities are there per capita?
The more facilities there are in the area you're searching, the more options you'll have. How many facilties are operating in Tacoma?
According to our numbers, there are 42 total storage facilities in Tacoma, WA. Other cities in Washington average only 10 storage facilities, 32 less than what's available in Tacoma, which means Tacoma is home to a large number of storage businesses. If we were to rank Tacoma among the other 70 cities in Washington, it would come out as the 3rd largest market for self storage, accounting for a surprising 6.11% of all facilities in the state. But what about on a national scale? Even then, Tacoma has more storage facilities than the average city, 33 more than the average 9, to be exact.
But making comparisons between any cities, whether it be comparing Tacoma to its neighbors in Washington or on a national scale, isn't a very fruitful excercise when we ignore a city's population. 199,638 people make Tacoma their home. Is 42 a relatively high or low number of storage facilities for such a population? Compared to other cities in the 100,000 to 250,000 population bracket, Tacoma is home to a substantially-higher number of facilities, with 24 more facilities than the average 18 in that bracket. In other words, Tacoma has tons of storage space. Per capita measures seem to have confirmed our conclusion that Tacoma is in possession of a healthy number of storage businesses for its size. In terms of self-storage facilities per capita, Tacoma ranks in the 51st percentile nationwide, meaning that it has a moderately-high amount of storage space for its 199,638 residents. But though Tacoma performs well on the national stage, other cities in Washington perform better. In fact, Tacoma's facilities per capita only score it a position at the 5th percentile for cities in Washington, meaning that other cities in the state offer their populations much more storage space.
We feel we should also mention the fact that Tacoma has seen moderate population increases in the past decade, jumping 2.9% from 2000 to 2010. That's not an inconsequential increase, however it is 11.2% less than the 14.1% growth the state of Washington saw in total. Although demand for storage might be lower in Tacoma compared to other cities due to its lower rate of growth, keep in mind that the city still has fewer facilities per capita than most other cities in Washington.
What are the cheapest months to rent storage in Tacoma, WA? Which months are most expensive?
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. 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 single busiest day for self-storage businesses is typically the notorious 'National Moving Day' (which facility operators have dubbed 'Crazy Tuesday' for the chaotic scene at many facilities) the day after Memorial Day. 5x5 and 5x10 units often see wider seasonal swings, primarily due to college students renting these smaller sizes when they leave town for the summer. College towns will be particularly affected by this.
Tacoma isn't nearly as affected by seasonal change as most other cities are, the average price of storage remaining relatively stable throughout the year. However, even though prices are less likely to change dramatically in Tacoma, locking in a rate for your entire stay often allows you to bargain the total price down. Storage prices are at their highest in Tacoma during the month of January, where they hit an average price of $121.68, while prices are at their lowest in November, where they go for a low $63.13 a month.
How much should I expect to pay per month for my Tacoma self storage unit?
How can you hunt for a cheap storage unit if you don't know how much one in Tacoma should cost? After all, storage prices can vary widely from place to place, so the only comparison you can make is with other facilities in the area. But there's no need to worry: we here at SelfStorage.com have all the data to help you go into your storage search well-informed.
Expect to pay an average of $121.68 a month for a storage unit in Tacoma. If your storage needs are of a longer term, remember that at those rates you'll be paying approximately $1460.16 a year. Note, however, that that figure is the average for all sizes taken together, and so shouldn't be used as the basis for your storage search. Larger units can be more than twice as expensive as the smaller sizes. The standard sizes of storage available in Tacoma include 5x5, 5x10, 10x10, 10x15, 10x20, and 10x30. Below you'll find the average price by each size:
|Storage Unit Size||Average Price in Tacoma, WA|
SELF STORAGE IN TACOMA, WA: THE BOTTOM LINE
Hunting for the absolute best deal on a self storage unit in Tacoma, WA? November is the best month to find cheap storage, while the cheapest area for storage is within the 98444 ZIP code. You should avoid searching in January, when unit prices reach their apex, and be cognizant of the fact that the 98409 area is pricier than other areas.