Just starting your Cavalier self storage search? There are a few things you should know. The pricing and availability of storage units in Cavalier 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. The US Census keeps accurate data relating to all of these factors, so we've used their data on Cavalier to help inform your Cavalier self storage search.
One of the primary uses of self storage is as a safe place to keep your things between moving homes. If many people are moving to or from Cavalier, prices could be higher and availability lower. A city with a high amount of moving activity should see substantial changes in population, so by looking at population data for Cavalier we can get a better idea of the amount of moving activity. The Cavalier metro area saw its population decline from 1,301 persons in 2010 to 1,249 persons in 2014 according to the US Census, a decrease of -4%.
Housing occupancy and vacancy rates in Cavalier can help us get a better idea of how much demand there is for living and storage space in Cavalier 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 Cavalier, which may correlate to a lack of storage unit inventory and thus higher rental rates for self storage in the Cavalier area. The US Census estimates that housing vacancy rates in Cavalier are at 11.3%, while the occupancy rate is at 88.7%. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in Cavalier, suggesting that storage unit inventory might also be tighter in Cavalier. With fewer units available, storage facilities in Cavalier may charge higher prices.
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