Everything You Need to Know About Finding Self Storage in Costa Mesa, CA
Before beginning your self storage search in Costa Mesa, there are a few things you should know. Storage unit prices and availability in Costa Mesa are determined by many different factors, including real estate, population growth, the wealth of the local population, the current economic climate, and more. Using US Census data, we've pieced together a better picture of those factors as they relate to self storage in Costa Mesa.Costa Mesa, CA Self Storage and Moving
If there are many people moving to or from Costa Mesa, 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 Costa Mesa, 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 Costa Mesa metro area's population grew from 110,055 in 2010 to 112,784 in 2014, a growth rate of 2.48%.The Real Estate Climate and Self Storage in Costa Mesa, CA
One way to get an idea of the demand for housing and storage space in Costa Mesa is to look at housing occupancy and vacancy rates. High occupancy rates can indicate a lack of housing supply in Costa Mesa, which may correlate to a lack of storage unit inventory and thus higher rental rates for self storage in the Costa Mesa area. 5.2% of housing units in Costa Mesa are vacant according to the US Census, while 94.8% are occupied. The average occupancy rate in US cities is 89%, so it's likely the case that storage facilities in Costa Mesa also have higher than average occupancy rates. High occupancy rates in Costa Mesa will make it more difficult to find a good deal on a storage unit.