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Everything You Need to Know About Finding Self Storage in Aberdeen, MD

Just starting your Aberdeen self storage search? There are a few things you should know. The pricing and availability of storage units in Aberdeen 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 Aberdeen.

Aberdeen, MD Moving and Storage

If there are many people moving to or from Aberdeen, 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 Aberdeen, we should be able to get an idea of how many people are moving to or from the city. According to the US Census, the Aberdeen metro area's population grew from 14,975 in 2010 to 15,434 in 2014, a growth rate of 3.07%.

The Relationship Between Real Estate and Self Storage in Aberdeen, MD.

Housing occupancy and vacancy rates in Aberdeen can help us get a better idea of how much demand there is for living and storage space in Aberdeen 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 Aberdeen, which may correlate to a lack of storage unit inventory and thus higher rental rates for self storage in the Aberdeen area. Aberdeen is estimated to have a 93.7% housing occupancy rate, while the vacancy rate is at 6.3%. The average occupancy rate in US cities is 89%, so it's likely the case that storage facilities in Aberdeen also have higher than average occupancy rates. High occupancy rates in Aberdeen will make it more difficult to find a good deal on a storage unit.