Tips for Finding Self Storage in Columbus, MS
If you're searching for self storage in Columbus, there are a few things you should keep in mind. Columbus 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. Using US Census data, we've pieced together a better picture of those factors as they relate to self storage in Columbus.Columbus, MS Self Storage and Moving
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 Columbus, that could affect storage unit pricing and availability. A city with a high amount of moving activity should see substantial changes in population, so by looking at population data for Columbus we can get a better idea of the amount of moving activity. The US Census tells us that the metro area population of Columbus declined from 23,682 in 2010 to 23,248 in 2014, a loss of -1.83%.The Relationship Between Real Estate and Self Storage in Columbus, MS
Vacancy and occupancy rates in the Columbus housing market can help us gauge the demand for living space and thus self-storage space in Columbus, and may hint at storage availability and pricing. Low rates of vacancy in Columbus housing could indicate that real estate is in short supply. Self storage units in Columbus may then also be in short supply, which means Columbus storage unit prices may be higher. Columbus is estimated to have a 87.9% housing occupancy rate, while the vacancy rate is at 12.1%. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in Columbus, suggesting that storage unit inventory might also be tighter in Columbus. With fewer units available, storage facilities in Columbus may charge higher prices.