Finding Self Storage in Andover, MN: Everything You Need To Know
There are a few things you should know about Andover self storage before you begin your search. Storage unit prices and availability in Andover 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 Andover.Andover, MN Self Storage and Moving
Many people use storage as part of their move, so if there are many people moving to Andover, you might expect storage prices to be higher and unit availability to be lower. By looking at population changes in Andover, we should be able to get an idea of how many people are moving to or from the city. From 2010 to 2014, the Andover metro area population grew from 30,661 to 31,996, a growth rate of 4.35% according to the US Census.Real Estate and Self Storage in Andover, MN
Housing unit occupancy can give us an idea of what the demand is like for living and storage space in Andover. If housing occupancy rates in Andover are high, it's probably safe to assume that storage facility occupancy rates in Andover are also high, which would push unit prices up. Andover is estimated to have a 97.2% housing occupancy rate, while the vacancy rate is at 2.8%. That's a higher rate than average for US cities, suggesting storage unit occupancy in Andover may also be higher. That might make it harder to find cheap storage in Andover.