Tips for Finding Self Storage in Olympia, WA
Just starting your Olympia 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 Olympia, 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. We used US Census data on Olympia to give you a better idea of these factors.Olympia, WA Self Storage and Moving
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 Olympia, that could affect storage unit pricing and availability. We can get a good idea of whether or not many people are moving to or from Olympia by looking at the change in population. The Olympia metro area grew from 46,675 persons in 2010 to 49,218 persons in 2014 according to the US Census, an increase of 5.45%.The Relationship Between Real Estate and Self Storage in Olympia, WA
Housing occupancy and vacancy rates in Olympia can help us get a better idea of how much demand there is for living and storage space in Olympia and thus the kind of storage prices and availability we should expect to find. Low rates of vacancy in Olympia housing could indicate that real estate is in short supply. Self storage units in Olympia may then also be in short supply, which means Olympia storage unit prices may be higher. The US Census estimates that housing vacancy rates in Olympia are at 6%, while the occupancy rate is at 94%. That's a higher rate than average for US cities, suggesting storage unit occupancy in Olympia may also be higher. That might make it harder to find cheap storage in Olympia.