Before beginning your self storage search in Chanhassen, there are a few things you should know. The pricing and availability of storage units in Chanhassen 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. We used US Census data on Chanhassen to give you a better idea of these factors.
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 Chanhassen, prices could be higher and availability lower. By looking at population changes in Chanhassen, 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 Chanhassen metro area's population grew from 23,081 in 2010 to 24,967 in 2014, a growth rate of 8.17%.
Vacancy and occupancy rates in the Chanhassen housing market can help us gauge the demand for living space and thus self-storage space in Chanhassen, and may hint at storage availability and pricing. High occupancy rates can indicate a lack of housing supply in Chanhassen, which may correlate to a lack of storage unit inventory and thus higher rental rates for self storage in the Chanhassen area. 3.8% of housing units in Chanhassen are vacant according to the US Census, while 96.2% are occupied. The average occupancy rate in US cities is 89%, so it's likely the case that storage facilities in Chanhassen also have higher than average occupancy rates. High occupancy rates in Chanhassen will make it more difficult to find a good deal on a storage unit.
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