There are a few things you should know about Augusta self storage before you begin your search. The pricing and availability of storage units in Augusta will depend on several factors such as the real estate climate, the number of people moving into or throughout the area, housing conditions in the city, and the general wealth and prosperity of the area. In order to give you a better idea of these factors in Augusta, we pulled in data from the US Census.
If there are many people moving to or from Augusta, 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 Augusta. US Census data tells us that the Augusta metro area's population shrank from 9,274 in 2010 to 9,242 in 2014, a decline of -0.35%.
Housing occupancy and vacancy rates in Augusta can help us get a better idea of how much demand there is for living and storage space in Augusta and thus the kind of storage prices and availability we should expect to find. Low rates of vacancy in Augusta housing could indicate that real estate is in short supply. Self storage units in Augusta may then also be in short supply, which means Augusta storage unit prices may be higher. Augusta is estimated to have a 92.9% housing occupancy rate, while the vacancy rate is at 7.1%. That's a lower vacancy rate than the average for cities in the United States, and suggests that storage facility vacancy in Augusta may also be lower. Low vacancy allows storage facilities to charge higher rent, so a cheap storage unit could be trickier to find in Augusta than in other cities.
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