Everything You Need to Know About Finding Self Storage in Chesapeake, VA
If you're searching for self storage in Chesapeake, there are a few things you should keep in mind. Chesapeake storage unit prices and availability are closely related to things like real estate prices, the type of housing available in the area, the city's wealth, and whether or not many people are moving to the area. We used US Census data on Chesapeake to give you a better idea of these factors.Chesapeake, VA Moving and Storage
Many people use storage as part of their move, so if there are many people moving to Chesapeake, you might expect storage prices to be higher and unit availability to be lower. By looking at population changes in Chesapeake, we should be able to get an idea of how many people are moving to or from the city. From 2010 to 2014, the Chesapeake metro area population grew from 223,517 to 233,371, a growth rate of 4.41% according to the US Census.The Relationship Between Real Estate and Self Storage in Chesapeake, VA
Housing unit occupancy can give us an idea of what the demand is like for living and storage space in Chesapeake. High occupancy rates can indicate a lack of housing supply in Chesapeake, which may correlate to a lack of storage unit inventory and thus higher rental rates for self storage in the Chesapeake area. Chesapeake is estimated to have a 95.6% housing occupancy rate, while the vacancy rate is at 4.4%. That's a higher rate than average for US cities, suggesting storage unit occupancy in Chesapeake may also be higher. That might make it harder to find cheap storage in Chesapeake.