Tips for Finding Self Storage in Alexandria, VA
Just starting your Alexandria self storage search? There are a few things you should know. Storage unit prices and availability in Alexandria 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 Alexandria to give you a better idea of these factors.Alexandria, VA Self Storage and Moving
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 Alexandria, prices could be higher and availability lower. By looking at population changes in Alexandria, we should be able to get an idea of how many people are moving to or from the city. The Alexandria metro area grew from 140,829 persons in 2010 to 150,575 persons in 2014 according to the US Census, an increase of 6.92%.The Real Estate Climate and Self Storage in Alexandria, VA
One way to get an idea of the demand for housing and storage space in Alexandria is to look at housing occupancy and vacancy rates. If there's low vacancy rates in Alexandria housing, there's likely low vacancy at Alexandria storage facilities. This would allow storage facilities in Alexandria to charge higher prices for their units. According to US Census estimates, 94.1% of housing units in Alexandria are occupied, while the vacancy rate is at 5.9%. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in Alexandria, suggesting that storage unit inventory might also be tighter in Alexandria. With fewer units available, storage facilities in Alexandria may charge higher prices.