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Finding Self Storage in Ashland, VA: Everything You Need To Know

Just starting your Ashland self storage search? There are a few things you should know. Ashland 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. In order to give you a better idea of these factors in Ashland, we pulled in data from the US Census.

Self Storage and Moving in Ashland, VA

If there are many people moving to or from Ashland, prices could be higher than in other cities. That's because self storage if often used as part of a home move. Population changes over time are one way of gauging the amount of moving activity in Ashland. According to the US Census, the Ashland metro area's population grew from 7,229 in 2010 to 7,328 in 2014, a growth rate of 1.37%.

The Relationship Between Real Estate and Self Storage in Ashland, VA.

Housing occupancy and vacancy rates in Ashland can help us get a better idea of how much demand there is for living and storage space in Ashland and thus the kind of storage prices and availability we should expect to find. If housing occupancy rates in Ashland are high, it's probably safe to assume that storage facility occupancy rates in Ashland are also high, which would push unit prices up. The US Census estimates that housing vacancy rates in Ashland are at 6.7%, while the occupancy rate is at 93.3%. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in Ashland, suggesting that storage unit inventory might also be tighter in Ashland. With fewer units available, storage facilities in Ashland may charge higher prices.