Before beginning your self storage search in Bedford Heights, there are a few things you should know. The pricing and availability of storage units in Bedford Heights 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. The US Census keeps accurate data relating to all of these factors, so we've used their data on Bedford Heights to help inform your Bedford Heights self storage search.
Self storage is commonly used as a secure place to store one's belongings when moving into a new home. If there's a high amount of moving activity in Bedford Heights, that could affect storage unit pricing and availability. By looking at population changes in Bedford Heights, we should be able to get an idea of how many people are moving to or from the city. From 2010 to 2014, the Bedford Heights metro area population fell from 10,740 to 10,675, a loss of -0.61% according to the US Census.
Housing unit occupancy can give us an idea of what the demand is like for living and storage space in Bedford Heights. If there's low vacancy rates in Bedford Heights housing, there's likely low vacancy at Bedford Heights storage facilities. This would allow storage facilities in Bedford Heights to charge higher prices for their units. Bedford Heights is estimated to have a 88.9% housing occupancy rate, while the vacancy rate is at 11.1%. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in Bedford Heights, suggesting that storage unit inventory might also be tighter in Bedford Heights. With fewer units available, storage facilities in Bedford Heights may charge higher prices.