Finding Self Storage in Charleston, WV: Top Tips
Before beginning your self storage search in Charleston, there are a few things you should know. If you're wondering how much you should expect to pay for self storage in Charleston, consider the fact that storage prices are closely related to factors like the real estate climate, the economic prospects of the city, and population growth. Using US Census data, we've pieced together a better picture of those factors as they relate to self storage in Charleston.Moving and Storage in Charleston, WV
If there are many people moving to or from Charleston, 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 Charleston by looking at the change in population. From 2010 to 2014, the Charleston metro area population fell from 51,327 to 50,404, a loss of -1.8% according to the US Census.The Relationship Between Real Estate and Self Storage in Charleston, WV
Vacancy and occupancy rates in the Charleston housing market can help us gauge the demand for living space and thus self-storage space in Charleston, and may hint at storage availability and pricing. Low rates of vacancy in Charleston housing could indicate that real estate is in short supply. Self storage units in Charleston may then also be in short supply, which means Charleston storage unit prices may be higher. According to US Census estimates, 89.5% of housing units in Charleston are occupied, while the vacancy rate is at 10.5%. That's a higher rate than average for US cities, suggesting storage unit occupancy in Charleston may also be higher. That might make it harder to find cheap storage in Charleston.