The Cost of Self Storage in Durham, NC
Although storage units in North Carolina are generally significantly more affordable than the U.S. average, storage costs in Durham tend to be significantly higher. They exceed both state and national averages by quite a bit.
The difference between Durham and the rest of state may be due in part to higher real estate costs in the city, which make storage facilities more expensive to develop and run. Real estate prices are about average for the United States as a whole but are expensive by North Carolina standards. In addition, Durham is home to Duke University and North Carolina Central University, both of which have large student populations. College students have more frequent storage needs than many other demographics, which tends to drive up prices due to high demand.
| Average cost of storage units in Durham, NC compared to state and national averages | |||
|---|---|---|---|
| Size of Storage Unit | City Average | State Average | National Average |
| 5×5 | $50 | $37 | $41 |
| 5×10 | $68 | $50 | $59 |
| 10×10 | $97 | $78 | $95 |
| 10×15 | $130 | $69 | $113 |
| 10×20 | $156 | $119 | $133 |
What to Consider when Looking for Storage in Durham, NC
Although Durham is a thriving city with plenty of safe areas, it also has a very high crime rate that residents need to consider when choosing a storage facility. Property crime is particularly common. Sperling’s Best Places rates it as 58.1, which is significantly higher than the U.S. average of 35.4. Securely fenced storage facilities with controlled access are a good choice. For particularly valuable items, additional security features, such as video surveillance and individual door alarms, can add an extra layer of safety.
The climate in Durham also may impact storage decisions. The area gets about 8 inches more rain per year than the national average, which creates a damp, humid environment. This can cause damage due to leaks or mold and mildew growth. Delicate items may need to be stored in climate-controlled units, with particular attention paid to humidity control.
Helpful Tips for Moving to Durham, NC
Although real estate costs are fairly high compared to the rest of North Carolina, Durham is generally an affordable city. Health care in particular is fairly inexpensive due to the presence of Duke University Hospital. Durham also has a reputation as a highly walkable city with decent public transportation, allowing many residents to save money on transportation costs.
Durham has a generally pleasant climate, which makes it a great choice for people who enjoy the outdoors. Although it receives plenty of rain, it only gets about 4 inches of snow a year. Winter temperatures are fairly mild, with January lows typically only dipping to around 30 degrees Fahrenheit. Summers are equally temperate, with average highs in the upper 80s.