If you're searching for self storage in Coos Bay, there are a few things you should keep in mind. Coos Bay 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 Coos Bay.
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 Coos Bay, 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 Coos Bay by looking at the change in population. The Coos Bay metro area grew from 15,971 persons in 2010 to 16,039 persons in 2014 according to the US Census, an increase of 0.43%.
Vacancy and occupancy rates in the Coos Bay housing market can help us gauge the demand for living space and thus self-storage space in Coos Bay, and may hint at storage availability and pricing. Low rates of vacancy in Coos Bay housing could indicate that real estate is in short supply. Self storage units in Coos Bay may then also be in short supply, which means Coos Bay storage unit prices may be higher. According to US Census estimates, 92.2% of housing units in Coos Bay are occupied, while the vacancy rate is at 7.8%. The average occupancy rate in US cities is 89%, so it's likely the case that storage facilities in Coos Bay also have higher than average occupancy rates. High occupancy rates in Coos Bay will make it more difficult to find a good deal on a storage unit.
(877) 449-0987(Se habla espanol)
2020 © Self Storage Finders. All Rights Reserved.