If you're searching for self storage in Bristol, there are a few things you should keep in mind. Bristol 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. In order to give you a better idea of these factors in Bristol, we pulled in data from the US Census.
Many people use storage as part of their move, so if there are many people moving to Bristol, you might expect storage prices to be higher and unit availability to be lower. We can get a good idea of whether or not many people are moving to or from Bristol by looking at the change in population. According to the US Census, the Bristol metro area's population grew from 4,914 in 2010 to 4,931 in 2014, a growth rate of 0.35%.
Housing occupancy and vacancy rates in Bristol can help us get a better idea of how much demand there is for living and storage space in Bristol and thus the kind of storage prices and availability we should expect to find. High occupancy rates can indicate a lack of housing supply in Bristol, which may correlate to a lack of storage unit inventory and thus higher rental rates for self storage in the Bristol area. Bristol is estimated to have a 92.8% housing occupancy rate, while the vacancy rate is at 7.2%. The average occupancy rate in US cities is 89%, so it's likely the case that storage facilities in Bristol also have higher than average occupancy rates. High occupancy rates in Bristol will make it more difficult to find a good deal on a storage unit.
(877) 449-0987(Se habla espanol)
2020 © Self Storage Finders. All Rights Reserved.