Before beginning your self storage search in Cerritos, there are a few things you should know. The pricing and availability of storage units in Cerritos 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 Cerritos to help inform your Cerritos self storage search.
If there are many people moving to or from Cerritos, prices could be higher than in other cities. That's because self storage if often used as part of a home move. By looking at population changes in Cerritos, we should be able to get an idea of how many people are moving to or from the city. According to the US Census, the Cerritos metro area's population grew from 49,079 in 2010 to 50,004 in 2014, a growth rate of 1.88%.
One way to get an idea of the demand for housing and storage space in Cerritos is to look at housing occupancy and vacancy rates. Low rates of vacancy in Cerritos housing could indicate that real estate is in short supply. Self storage units in Cerritos may then also be in short supply, which means Cerritos storage unit prices may be higher. According to US Census estimates, 97.9% of housing units in Cerritos are occupied, while the vacancy rate is at 2.1%. That's a lower vacancy rate than the average for cities in the United States, and suggests that storage facility vacancy in Cerritos may also be lower. Low vacancy allows storage facilities to charge higher rent, so a cheap storage unit could be trickier to find in Cerritos than in other cities.
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