Before beginning your self storage search in Buda, there are a few things you should know. Buda 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 Buda, we pulled in data from the US Census.
If there are many people moving to or from Buda, 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 Buda by looking at the change in population. The US Census tells us that the metro area population of Buda grew from 7,558 in 2010 to 11,461 in 2014, which is a rate of 51.64% growth over four years.
Vacancy and occupancy rates in the Buda housing market can help us gauge the demand for living space and thus self-storage space in Buda, and may hint at storage availability and pricing. If housing occupancy rates in Buda are high, it's probably safe to assume that storage facility occupancy rates in Buda are also high, which would push unit prices up. Buda is estimated to have a 95.1% housing occupancy rate, while the vacancy rate is at 4.9%. That's a lower vacancy rate than the average for cities in the United States, and suggests that storage facility vacancy in Buda may also be lower. Low vacancy allows storage facilities to charge higher rent, so a cheap storage unit could be trickier to find in Buda than in other cities.
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