Just starting your Bellevue self storage search? There are a few things you should know. The pricing and availability of storage units in Bellevue 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 Bellevue, we pulled in data from the US Census.
Many people use storage as part of their move, so if there are many people moving to Bellevue, you might expect storage prices to be higher and unit availability to be lower. We can get a good idea of whether or not many people are moving to or from Bellevue by looking at the change in population. The Bellevue metro area grew from 51,381 persons in 2010 to 53,936 persons in 2014 according to the US Census, an increase of 4.97%.
Housing occupancy and vacancy rates in Bellevue can help us get a better idea of how much demand there is for living and storage space in Bellevue and thus the kind of storage prices and availability we should expect to find. If there's low vacancy rates in Bellevue housing, there's likely low vacancy at Bellevue storage facilities. This would allow storage facilities in Bellevue to charge higher prices for their units. Bellevue is estimated to have a 93% housing occupancy rate, while the vacancy rate is at 7%. That's a higher rate than average for US cities, suggesting storage unit occupancy in Bellevue may also be higher. That might make it harder to find cheap storage in Bellevue.
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