Storage Spotlight: Las Vegas

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Thicker lines represent a higher proportion of facilities, while brighter colors represent higher average prices.

Today’s Storage Spotlight shines the light on Las Vegas–not that this neon-encrusted city needed any more lighting other than the metaphorical type. As you can see, today’s piece is on the shorter-side, as sparsely-populated Nevada only has a few cities outside of Vegas with significant self-storage scenes.

It comes as no surprise that Vegas (and its northern half) have both more facilities and higher prices than any other city in Nevada–by a long shot. Las Vegas houses twenty-two storage facilities compared to Henderson‘s sixteen, Reno and Spark’s eight, and Boulder City’s five–that’s a state average of 13.5 facilities per city, still a bit higher than the National average. The average monthly price of storage in Las Vegas is $113.70, higher than Henderson’s $111.17, Boulder City‘s $109.64, and Reno and Sparks‘s $93.63. The state average price per unit is $105.91, far cheaper than the National average of $128.93. Which means you won’t have to gamble on a storage unit in Nevada.

About the Author

Brian Shreckengast is a writer at Self Storage Deals.

  • http://twitter.com/DwayneThomas15 Dwayne Thomas

    That’s interesting. Like everything else in Vegas, I would have thought that storage units would be more expensive than the National average.

  • MikeS

    More importantly, what was the ration of storage to population of those cities? Vegas’s 22 may be a lower population count to that of henderson, thereby yeilding a larger potential customer ration.

    • mikeS

      ratio

  • Brian Shreckengast

    Mike–that’s true, there are many factors that go into this that we’ve not included. Population, cost of living, and real estate prices all have a huge effect on the storage market. Density is another important factor–though Vegas’s entertainment is notoriously expensive, the fact that the city sprawls across a vast area (much like other southwestern cities) means that there are still plenty of places within the city limits where real estate is not extremely expensive. When you compare this to Boston or Chicago or Philadelphia, you can see that the storage facilities are actually spaced much closer together within those dense, compact cities, and that prices are correspondingly much higher.

    Thanks for your input Mike and Dwayne!