Just starting your Brentwood 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 Brentwood, 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. We used US Census data on Brentwood to give you a better idea of these factors.
Many people use storage as part of their move, so if there are many people moving to Brentwood, you might expect storage prices to be higher and unit availability to be lower. Population changes over time are one way of gauging the amount of moving activity in Brentwood. The US Census tells us that the metro area population of Brentwood grew from 37,209 in 2010 to 40,982 in 2014, which is a rate of 10.14% growth over four years.
Vacancy and occupancy rates in the Brentwood housing market can help us gauge the demand for living space and thus self-storage space in Brentwood, and may hint at storage availability and pricing. If there's low vacancy rates in Brentwood housing, there's likely low vacancy at Brentwood storage facilities. This would allow storage facilities in Brentwood to charge higher prices for their units. The US Census estimates that housing vacancy rates in Brentwood are at 3.2%, while the occupancy rate is at 96.8%. The average occupancy rate in US cities is 89%, so it's likely the case that storage facilities in Brentwood also have higher than average occupancy rates. High occupancy rates in Brentwood will make it more difficult to find a good deal on a storage unit.
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