Tips for Finding Self Storage in Colleyville, TX
If you're searching for self storage in Colleyville, there are a few things you should keep in mind. The pricing and availability of storage units in Colleyville 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 Colleyville to help inform your Colleyville self storage search.Colleyville, TX Self Storage and Moving
If there are many people moving to or from Colleyville, 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 Colleyville, 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 Colleyville metro area's population grew from 22,907 in 2010 to 24,952 in 2014, a growth rate of 8.93%.Real Estate and Self Storage in Colleyville, TX
Vacancy and occupancy rates in the Colleyville housing market can help us gauge the demand for living space and thus self-storage space in Colleyville, and may hint at storage availability and pricing. If housing occupancy rates in Colleyville are high, it's probably safe to assume that storage facility occupancy rates in Colleyville are also high, which would push unit prices up. The US Census estimates that housing vacancy rates in Colleyville are at 3.1%, while the occupancy rate is at 96.9%. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in Colleyville, suggesting that storage unit inventory might also be tighter in Colleyville. With fewer units available, storage facilities in Colleyville may charge higher prices.