Finding Self Storage in Ann Arbor, MI: Top Tips
If you're searching for self storage in Ann Arbor, there are a few things you should keep in mind. Ann Arbor storage unit prices and availability are closely related to things like real estate prices, the type of housing available in the area, the city's wealth, and whether or not many people are moving to the area. Using US Census data, we've pieced together a better picture of those factors as they relate to self storage in Ann Arbor.Moving and Storage in Ann Arbor, MI
Many people use storage as part of their move, so if there are many people moving to Ann Arbor, you might expect storage prices to be higher and unit availability to be lower. By looking at population changes in Ann Arbor, we should be able to get an idea of how many people are moving to or from the city. According to the US Census, the Ann Arbor metro area's population grew from 114,008 in 2010 to 117,770 in 2014, a growth rate of 3.3%.The Relationship Between Real Estate and Self Storage in Ann Arbor, MI
Vacancy and occupancy rates in the Ann Arbor housing market can help us gauge the demand for living space and thus self-storage space in Ann Arbor, and may hint at storage availability and pricing. If there's low vacancy rates in Ann Arbor housing, there's likely low vacancy at Ann Arbor storage facilities. This would allow storage facilities in Ann Arbor to charge higher prices for their units. 5.5% of housing units in Ann Arbor are vacant according to the US Census, while 94.5% are occupied. That's a higher rate than average for US cities, suggesting storage unit occupancy in Ann Arbor may also be higher. That might make it harder to find cheap storage in Ann Arbor.