Everything You Need to Know About Finding Self Storage in Suffolk, VA
There are a few things you should know about Suffolk self storage before you begin your search. The pricing and availability of storage units in Suffolk 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. Using US Census data, we've pieced together a better picture of those factors as they relate to self storage in Suffolk.Suffolk, VA Moving and Storage
One of the primary uses of self storage is as a safe place to keep your things between moving homes. If many people are moving to or from Suffolk, prices could be higher and availability lower. A city with a high amount of moving activity should see substantial changes in population, so by looking at population data for Suffolk we can get a better idea of the amount of moving activity. From 2010 to 2014, the Suffolk metro area population grew from 84,881 to 86,806, a growth rate of 2.27% according to the US Census.Self Storage and Real Estate in Suffolk, VA
Vacancy and occupancy rates in the Suffolk housing market can help us gauge the demand for living space and thus self-storage space in Suffolk, and may hint at storage availability and pricing. If there's low vacancy rates in Suffolk housing, there's likely low vacancy at Suffolk storage facilities. This would allow storage facilities in Suffolk to charge higher prices for their units. According to US Census estimates, 93.4% of housing units in Suffolk are occupied, while the vacancy rate is at 6.6%. The average occupancy rate in US cities is 89%, so it's likely the case that storage facilities in Suffolk also have higher than average occupancy rates. High occupancy rates in Suffolk will make it more difficult to find a good deal on a storage unit.