Just starting your Alameda self storage search? There are a few things you should know. Storage unit prices and availability in Alameda are determined by many different factors, including real estate, population growth, the wealth of the local population, the current economic climate, and more. We used US Census data on Alameda to give you a better idea of these factors.
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 Alameda, prices could be higher and availability lower. By looking at population changes in Alameda, we should be able to get an idea of how many people are moving to or from the city. The US Census tells us that the metro area population of Alameda grew from 73,962 in 2010 to 77,660 in 2014, which is a rate of 5% growth over four years.
Vacancy and occupancy rates in the Alameda housing market can help us gauge the demand for living space and thus self-storage space in Alameda, and may hint at storage availability and pricing. If there's low vacancy rates in Alameda housing, there's likely low vacancy at Alameda storage facilities. This would allow storage facilities in Alameda to charge higher prices for their units. Alameda is estimated to have a 93.1% housing occupancy rate, while the vacancy rate is at 6.9%. The average occupancy rate in US cities is 89%, so it's likely the case that storage facilities in Alameda also have higher than average occupancy rates. High occupancy rates in Alameda will make it more difficult to find a good deal on a storage unit.
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