Tips for Finding Self Storage in Alabaster, AL
Just starting your Alabaster self storage search? There are a few things you should know. The pricing and availability of storage units in Alabaster 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 Alabaster.Alabaster, AL Self Storage and Moving
If there are many people moving to or from Alabaster, prices could be higher than in other cities. That's because self storage if often used as part of a home move. We can get a good idea of whether or not many people are moving to or from Alabaster by looking at the change in population. The US Census tells us that the metro area population of Alabaster grew from 30,465 in 2010 to 31,545 in 2014, which is a rate of 3.55% growth over four years.The Relationship Between Real Estate and Self Storage in Alabaster, AL
Housing occupancy and vacancy rates in Alabaster can help us get a better idea of how much demand there is for living and storage space in Alabaster and thus the kind of storage prices and availability we should expect to find. Low rates of vacancy in Alabaster housing could indicate that real estate is in short supply. Self storage units in Alabaster may then also be in short supply, which means Alabaster storage unit prices may be higher. The US Census estimates that housing vacancy rates in Alabaster are at 5.9%, while the occupancy rate is at 94.1%. That's a lower vacancy rate than the average for cities in the United States, and suggests that storage facility vacancy in Alabaster may also be lower. Low vacancy allows storage facilities to charge higher rent, so a cheap storage unit could be trickier to find in Alabaster than in other cities.