Finding Self Storage in Albany, OR: Top Tips
Before beginning your self storage search in Albany, there are a few things you should know. Storage unit prices and availability in Albany are determined by many different factors, including real estate, population growth, the wealth of the local population, the current economic climate, and more. Using US Census data, we've pieced together a better picture of those factors as they relate to self storage in Albany.Self Storage and Moving in Albany, OR
If there are many people moving to or from Albany, prices could be higher than in other cities. That's because self storage if often used as part of a home move. Population changes over time are one way of gauging the amount of moving activity in Albany. The Albany metro area grew from 50,360 persons in 2010 to 51,980 persons in 2014 according to the US Census, an increase of 3.22%.Real Estate and Self Storage in Albany, OR
Vacancy and occupancy rates in the Albany housing market can help us gauge the demand for living space and thus self-storage space in Albany, and may hint at storage availability and pricing. If housing occupancy rates in Albany are high, it's probably safe to assume that storage facility occupancy rates in Albany are also high, which would push unit prices up. Albany is estimated to have a 93.9% housing occupancy rate, while the vacancy rate is at 6.1%. The average occupancy rate in US cities is 89%, so it's likely the case that storage facilities in Albany also have higher than average occupancy rates. High occupancy rates in Albany will make it more difficult to find a good deal on a storage unit.