Tips for Finding Self Storage in Hampton, VA
Just starting your Hampton self storage search? There are a few things you should know. If you're wondering how much you should expect to pay for self storage in Hampton, 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. The US Census keeps accurate data relating to all of these factors, so we've used their data on Hampton to help inform your Hampton self storage search.Self Storage and Moving in Hampton, VA
Many people use storage as part of their move, so if there are many people moving to Hampton, you might expect storage prices to be higher and unit availability to be lower. We can get a good idea of whether or not many people are moving to or from Hampton by looking at the change in population. The US Census tells us that the metro area population of Hampton declined from 137,416 in 2010 to 136,879 in 2014, a loss of -0.39%.Self Storage and Real Estate in Hampton, VA
Housing occupancy and vacancy rates in Hampton can help us get a better idea of how much demand there is for living and storage space in Hampton and thus the kind of storage prices and availability we should expect to find. High occupancy rates can indicate a lack of housing supply in Hampton, which may correlate to a lack of storage unit inventory and thus higher rental rates for self storage in the Hampton area. Hampton is estimated to have a 92.4% housing occupancy rate, while the vacancy rate is at 7.6%. That's a higher rate than average for US cities, suggesting storage unit occupancy in Hampton may also be higher. That might make it harder to find cheap storage in Hampton.