Finding Self Storage in Cheney, WA: Everything You Need To Know
If you're searching for self storage in Cheney, there are a few things you should keep in mind. Storage unit prices and availability in Cheney are determined by many different factors, including real estate, population growth, the wealth of the local population, the current economic climate, and more. The US Census keeps accurate data relating to all of these factors, so we've used their data on Cheney to help inform your Cheney self storage search.Self Storage and Moving in Cheney, WA
Self storage is commonly used as a secure place to store one's belongings when moving into a new home. If there's a high amount of moving activity in Cheney, that could affect storage unit pricing and availability. We can get a good idea of whether or not many people are moving to or from Cheney by looking at the change in population. According to the US Census, the Cheney metro area's population grew from 10,727 in 2010 to 11,420 in 2014, a growth rate of 6.46%.The Relationship Between Real Estate and Self Storage in Cheney, WA
Housing occupancy and vacancy rates in Cheney can help us get a better idea of how much demand there is for living and storage space in Cheney and thus the kind of storage prices and availability we should expect to find. Low rates of vacancy in Cheney housing could indicate that real estate is in short supply. Self storage units in Cheney may then also be in short supply, which means Cheney storage unit prices may be higher. The US Census estimates that housing vacancy rates in Cheney are at 6.7%, while the occupancy rate is at 93.3%. The average occupancy rate in US cities is 89%, so it's likely the case that storage facilities in Cheney also have higher than average occupancy rates. High occupancy rates in Cheney will make it more difficult to find a good deal on a storage unit.