Tips for Finding Self Storage in Erie, PA

There are a few things you should know about Erie self storage before you begin your search. The pricing and availability of storage units in Erie will depend on several factors such as the real estate climate, the number of people moving into or throughout the area, housing conditions in the city, and the general wealth and prosperity of the area. The US Census keeps accurate data relating to all of these factors, so we've used their data on Erie to help inform your Erie self storage search.

Erie, PA Self Storage and Moving

If there are many people moving to or from Erie, prices could be higher than in other cities. That's because self storage if often used as part of a home move. By looking at population changes in Erie, we should be able to get an idea of how many people are moving to or from the city. The US Census tells us that the metro area population of Erie declined from 101,746 in 2010 to 99,452 in 2014, a loss of -2.25%.

The Relationship Between Real Estate and Self Storage in Erie, PA.

One way to get an idea of the demand for housing and storage space in Erie is to look at housing occupancy and vacancy rates. If housing occupancy rates in Erie are high, it's probably safe to assume that storage facility occupancy rates in Erie are also high, which would push unit prices up. The US Census estimates that housing vacancy rates in Erie are at 8.7%, while the occupancy rate is at 91.3%. That's a lower vacancy rate than the average for cities in the United States, and suggests that storage facility vacancy in Erie may also be lower. Low vacancy allows storage facilities to charge higher rent, so a cheap storage unit could be trickier to find in Erie than in other cities.