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Best known for its historical automotive background, Detroit started shrinking in the late 1950s, following suburbanization and industrial restructuring. Despite this decline in population in the past decades, it is still the largest city in Michigan, a major port on the Detroit River, and the largest U.S. city on the border with Canada.
If you are looking to relocate here to attend one of the higher learning institutions in the area, get a job in its central district, or play an active part in its revitalization and renewal process by opening a small business, there are a few things to keep in mind about Detroit.
The main universities in Detroit are the public research Wayne State University (WSU) with around 25,000 students enrolled every year, and the private Catholic University of Detroit Mercy. Both universities have a school of law, a college of liberal arts, and a college of engineering. WSU is also popular thanks to its college of nursing and school of medicine, whereas Detroit Mercy prides itself on its school of dentistry and school of architecture.
As a major cultural center, Detroit also benefits from a College of Creative Studies where students can pursue a Bachelor of Fine Arts in advertising design, entertainment arts, illustration, photography, interior design, and fashion design, among others. Aside from these Detroit-based colleges, Davenport University offers classes at Wayne Community College and Grand Valley State University (GVSU) hosts workshops and seminars in its Detroit Center.
Neighborhoods: Students who don't live on campus prefer to rent in Midtown, Rivertown, and Lafayette Park.
Extra info: When going home for the summer holidays, students usually leave their bulky winter outfits in storage units in Detroit. Storage space can be shared with friends and colleagues and is also useful for keeping college papers and books safe from humidity and extreme temperatures throughout the year.
While Detroit has moved on from its booming automotive era, this industry still accounts for a large number of hires in the area. It is closely followed by other manufacturing sectors, finance, healthcare, retail, and technology. Many businesses operate in Downtown Detroit and a lot of professionals prefer to rent a home nearby.
Neighborhoods: Besides Downtown, many young professionals choose to rent homes in Brush Park and the more affordable areas of Corktown, Midtown, and Woodbridge.
On the path to diversifying its economy, the city supports local businesses and designs various solutions to attract investors and create jobs, mostly via the Detroit Economic Growth Corporation. One of the recent and successful DEGC programs is BuyDetroit, a B2B procurement community with a free program for small businesses, Digital Ready.
In order to be eligible for the BuyDetroit program, you must have been in business for at least two years and, as a supplier, you must be headquartered or based in Detroit. If you are new or trying to grow an existing business, you can benefit from expert coaching, free educational resources, and access to curated tools, products, and services that suit your business.
Neighborhoods: While Downtown Detroit continues to grow and update with new businesses, large and small, those looking for a less crowded area express interest in the southwestern part of the city, especially along the city's Avenue of Fashion, Livernois.
The biggest factor when it comes to the cost of storage units in Detroit, Michigan is unit size. Larger storage units. like 10x10 and bigger, will generally cost more than smaller storage units, which range from 5x5 to 5x10 in size. Other factors that can increase self-storage prices include the storage unit amenities and special features. Self-storage facilities in Detroit, Michigan that offer additional amenities like indoor climate control, 24-hour storage access, extra security features, and added conveniences like first floor storage options and elevators tend to be more expensive than storage facilities that offer basic services.
No matter what your storage needs are, you can easily find a cheap storage unit in Detroit, Michigan. Compare the available facilities on SpareFoot and filter by preferred storage amenities and features.
Find online move-in rates and specials like first month half off and first month FREE at select Detroit storage facilities. Below are the average monthly storage unit prices in Detroit, Michigan for the most common storage unit sizes.
|Unit Size||Average Price||Lowest Price|
|5 x 5||$56.58|
|5 x 10||Not Available||Not Available|
|10 x 10||$164.11|
|10 x 15||Not Available||Not Available|
|10 x 20||Not Available||Not Available|
Data for the cheapest self-storage unit is updated every 15 minutes.
Does Detroit student population affect self-storage prices?
Colleges and universities located in or nearby Detroit include Marygrove College, University of Detroit Mercy, Wayne State University. College students often need self-storage during summer and winter breaks and can drive prices up during these seasons.
How does seasonality affect Detroit self-storage prices?
Storage prices in Detroit tend to be somewhat volatile when compared to other cities. Prices can vary by about $30.83 monthly depending on the time of year. Detroit self-storage prices are highest inNovember, and lowest in January.