Tips for Finding Self Storage in Auburn, ME
There are a few things you should know about Auburn self storage before you begin your search. Storage unit prices and availability in Auburn are determined by many different factors, including real estate, population growth, the wealth of the local population, the current economic climate, and more. The US Census keeps accurate data relating to all of these factors, so we've used their data on Auburn to help inform your Auburn self storage search.Auburn, ME Moving and Storage
Many people use storage as part of their move, so if there are many people moving to Auburn, 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 Auburn we can get a better idea of the amount of moving activity. The US Census tells us that the metro area population of Auburn declined from 23,039 in 2010 to 22,912 in 2014, a loss of -0.55%.The Relationship Between Real Estate and Self Storage in Auburn, ME
Housing unit occupancy can give us an idea of what the demand is like for living and storage space in Auburn. High occupancy rates can indicate a lack of housing supply in Auburn, which may correlate to a lack of storage unit inventory and thus higher rental rates for self storage in the Auburn area. The US Census estimates that housing vacancy rates in Auburn are at 9.5%, while the occupancy rate is at 90.5%. That's a lower vacancy rate than the average for cities in the United States, and suggests that storage facility vacancy in Auburn may also be lower. Low vacancy allows storage facilities to charge higher rent, so a cheap storage unit could be trickier to find in Auburn than in other cities.