Finding Self Storage in Biddeford, ME: Top Tips
If you're searching for self storage in Biddeford, there are a few things you should keep in mind. Storage unit prices and availability in Biddeford are determined by many different factors, including real estate, population growth, the wealth of the local population, the current economic climate, and more. We used US Census data on Biddeford to give you a better idea of these factors.Biddeford, ME Moving and Storage
If there are many people moving to or from Biddeford, prices could be higher than in other cities. That's because self storage if often used as part of a home move. By looking at population changes in Biddeford, we should be able to get an idea of how many people are moving to or from the city. The Biddeford metro area grew from 21,266 persons in 2010 to 21,337 persons in 2014 according to the US Census, an increase of 0.33%.Real Estate and Self Storage in Biddeford, ME
Vacancy and occupancy rates in the Biddeford housing market can help us gauge the demand for living space and thus self-storage space in Biddeford, and may hint at storage availability and pricing. Low rates of vacancy in Biddeford housing could indicate that real estate is in short supply. Self storage units in Biddeford may then also be in short supply, which means Biddeford storage unit prices may be higher. Biddeford is estimated to have a 85.4% housing occupancy rate, while the vacancy rate is at 14.6%. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in Biddeford, suggesting that storage unit inventory might also be tighter in Biddeford. With fewer units available, storage facilities in Biddeford may charge higher prices.