Tips for Finding Self Storage in Bernalillo, NM
Just starting your Bernalillo self storage search? There are a few things you should know. Bernalillo storage unit prices and availability are closely related to things like real estate prices, the type of housing available in the area, the city's wealth, and whether or not many people are moving to the area. In order to give you a better idea of these factors in Bernalillo, we pulled in data from the US Census.Bernalillo, NM Moving and Storage
One of the primary uses of self storage is as a safe place to keep your things between moving homes. If many people are moving to or from Bernalillo, prices could be higher and availability lower. By looking at population changes in Bernalillo, we should be able to get an idea of how many people are moving to or from the city. The US Census tells us that the metro area population of Bernalillo grew from 8,350 in 2010 to 8,564 in 2014, which is a rate of 2.56% growth over four years.Real Estate and Self Storage in Bernalillo, NM
One way to get an idea of the demand for housing and storage space in Bernalillo is to look at housing occupancy and vacancy rates. If there's low vacancy rates in Bernalillo housing, there's likely low vacancy at Bernalillo storage facilities. This would allow storage facilities in Bernalillo to charge higher prices for their units. 8% of housing units in Bernalillo are vacant according to the US Census, while 92% are occupied. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in Bernalillo, suggesting that storage unit inventory might also be tighter in Bernalillo. With fewer units available, storage facilities in Bernalillo may charge higher prices.