If you're searching for self storage in Apex, there are a few things you should keep in mind. Storage unit prices and availability in Apex 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 Apex 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 Apex, prices could be higher and availability lower. By looking at population changes in Apex, 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 Apex metro area's population grew from 37,766 in 2010 to 43,907 in 2014, a growth rate of 16.26%.
Vacancy and occupancy rates in the Apex housing market can help us gauge the demand for living space and thus self-storage space in Apex, and may hint at storage availability and pricing. If there's low vacancy rates in Apex housing, there's likely low vacancy at Apex storage facilities. This would allow storage facilities in Apex to charge higher prices for their units. According to US Census estimates, 95% of housing units in Apex are occupied, while the vacancy rate is at 5%. That's a lower vacancy rate than the average for cities in the United States, and suggests that storage facility vacancy in Apex may also be lower. Low vacancy allows storage facilities to charge higher rent, so a cheap storage unit could be trickier to find in Apex than in other cities.
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