Just starting your Bozeman self storage search? There are a few things you should know. The pricing and availability of storage units in Bozeman 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. Using US Census data, we've pieced together a better picture of those factors as they relate to self storage in Bozeman.
Self storage is commonly used as a secure place to store one's belongings when moving into a new home. If there's a high amount of moving activity in Bozeman, that could affect storage unit pricing and availability. We can get a good idea of whether or not many people are moving to or from Bozeman by looking at the change in population. According to the US Census, the Bozeman metro area's population grew from 37,315 in 2010 to 41,660 in 2014, a growth rate of 11.64%.
Housing unit occupancy can give us an idea of what the demand is like for living and storage space in Bozeman. If housing occupancy rates in Bozeman are high, it's probably safe to assume that storage facility occupancy rates in Bozeman are also high, which would push unit prices up. The US Census estimates that housing vacancy rates in Bozeman are at 9.7%, while the occupancy rate is at 90.3%. The average occupancy rate in US cities is 89%, so it's likely the case that storage facilities in Bozeman also have higher than average occupancy rates. High occupancy rates in Bozeman will make it more difficult to find a good deal on a storage unit.
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