Before beginning your self storage search in Bedford, there are a few things you should know. Storage unit prices and availability in Bedford are determined by many different factors, including real estate, population growth, the wealth of the local population, the current economic climate, and more. Using US Census data, we've pieced together a better picture of those factors as they relate to self storage in Bedford.
If there are many people moving to or from Bedford, 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 Bedford. From 2010 to 2014, the Bedford metro area population fell from 13,053 to 12,805, a loss of -1.9% 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. If housing occupancy rates in Bedford are high, it's probably safe to assume that storage facility occupancy rates in Bedford are also high, which would push unit prices up. 9.9% of housing units in Bedford are vacant according to the US Census, while 90.1% are occupied. That's a higher rate than average for US cities, suggesting storage unit occupancy in Bedford may also be higher. That might make it harder to find cheap storage in Bedford.
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