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Finding Self Storage in Blacksburg, VA: Everything You Need To Know

Before beginning your self storage search in Blacksburg, there are a few things you should know. Blacksburg 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. Using US Census data, we've pieced together a better picture of those factors as they relate to self storage in Blacksburg.

Blacksburg, VA Self Storage and Moving

If there are many people moving to or from Blacksburg, prices could be higher than in other cities. That's because self storage if often used as part of a home move. We can get a good idea of whether or not many people are moving to or from Blacksburg by looking at the change in population. From 2010 to 2014, the Blacksburg metro area population grew from 42,696 to 43,985, a growth rate of 3.02% according to the US Census.

The Real Estate Climate and Self Storage in Blacksburg, VA

Housing occupancy and vacancy rates in Blacksburg can help us get a better idea of how much demand there is for living and storage space in Blacksburg and thus the kind of storage prices and availability we should expect to find. If housing occupancy rates in Blacksburg are high, it's probably safe to assume that storage facility occupancy rates in Blacksburg are also high, which would push unit prices up. 5.8% of housing units in Blacksburg are vacant according to the US Census, while 94.2% are occupied. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in Blacksburg, suggesting that storage unit inventory might also be tighter in Blacksburg. With fewer units available, storage facilities in Blacksburg may charge higher prices.