Everything You Need to Know About Finding Self Storage in Brea, CA
Just starting your Brea self storage search? There are a few things you should know. If you're wondering how much you should expect to pay for self storage in Brea, consider the fact that storage prices are closely related to factors like the real estate climate, the economic prospects of the city, and population growth. Using US Census data, we've pieced together a better picture of those factors as they relate to self storage in Brea.Moving and Storage in Brea, CA
If there are many people moving to or from Brea, prices could be higher than in other cities. That's because self storage if often used as part of a home move. A city with a high amount of moving activity should see substantial changes in population, so by looking at population data for Brea we can get a better idea of the amount of moving activity. From 2010 to 2014, the Brea metro area population grew from 39,438 to 41,508, a growth rate of 5.25% according to the US Census.The Relationship Between Real Estate and Self Storage in Brea, CA
Housing unit occupancy can give us an idea of what the demand is like for living and storage space in Brea. If housing occupancy rates in Brea are high, it's probably safe to assume that storage facility occupancy rates in Brea are also high, which would push unit prices up. According to US Census estimates, 96.5% of housing units in Brea are occupied, while the vacancy rate is at 3.5%. That's a lower vacancy rate than the average for cities in the United States, and suggests that storage facility vacancy in Brea may also be lower. Low vacancy allows storage facilities to charge higher rent, so a cheap storage unit could be trickier to find in Brea than in other cities.