Tips for Finding Self Storage in Asheville, NC
If you're searching for self storage in Asheville, there are a few things you should keep in mind. If you're wondering how much you should expect to pay for self storage in Asheville, consider the fact that storage prices are closely related to factors like the real estate climate, the economic prospects of the city, and population growth. Using US Census data, we've pieced together a better picture of those factors as they relate to self storage in Asheville.Self Storage and Moving in Asheville, NC
Many people use storage as part of their move, so if there are many people moving to Asheville, you might expect storage prices to be higher and unit availability to be lower. A city with a high amount of moving activity should see substantial changes in population, so by looking at population data for Asheville we can get a better idea of the amount of moving activity. According to the US Census, the Asheville metro area's population grew from 83,540 in 2010 to 87,882 in 2014, a growth rate of 5.2%.The Real Estate Climate and Self Storage in Asheville, NC
Vacancy and occupancy rates in the Asheville housing market can help us gauge the demand for living space and thus self-storage space in Asheville, and may hint at storage availability and pricing. High occupancy rates can indicate a lack of housing supply in Asheville, which may correlate to a lack of storage unit inventory and thus higher rental rates for self storage in the Asheville area. 10.2% of housing units in Asheville are vacant according to the US Census, while 89.8% are occupied. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in Asheville, suggesting that storage unit inventory might also be tighter in Asheville. With fewer units available, storage facilities in Asheville may charge higher prices.