Finding Self Storage in Commerce City, CO: Top Tips
Before beginning your self storage search in Commerce City, there are a few things you should know. If you're wondering how much you should expect to pay for self storage in Commerce City, consider the fact that storage prices are closely related to factors like the real estate climate, the economic prospects of the city, and population growth. Using US Census data, we've pieced together a better picture of those factors as they relate to self storage in Commerce City.Self Storage and Moving in Commerce City, CO
Self storage is commonly used as a secure place to store one's belongings when moving into a new home. If there's a high amount of moving activity in Commerce City, that could affect storage unit pricing and availability. A city with a high amount of moving activity should see substantial changes in population, so by looking at population data for Commerce City we can get a better idea of the amount of moving activity. The Commerce City metro area grew from 46,179 persons in 2010 to 51,762 persons in 2014 according to the US Census, an increase of 12.09%.Self Storage and Real Estate in Commerce City, CO
Housing unit occupancy can give us an idea of what the demand is like for living and storage space in Commerce City. High occupancy rates can indicate a lack of housing supply in Commerce City, which may correlate to a lack of storage unit inventory and thus higher rental rates for self storage in the Commerce City area. 6.3% of housing units in Commerce City are vacant according to the US Census, while 93.7% are occupied. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in Commerce City, suggesting that storage unit inventory might also be tighter in Commerce City. With fewer units available, storage facilities in Commerce City may charge higher prices.