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Finding Self Storage in Danville, IL: Top Tips

If you're searching for self storage in Danville, there are a few things you should keep in mind. Danville 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 Danville to give you a better idea of these factors.

Self Storage and Moving in Danville, IL

One of the primary uses of self storage is as a safe place to keep your things between moving homes. If many people are moving to or from Danville, prices could be higher and availability lower. A city with a high amount of moving activity should see substantial changes in population, so by looking at population data for Danville we can get a better idea of the amount of moving activity. US Census data tells us that the Danville metro area's population shrank from 33,002 in 2010 to 32,243 in 2014, a decline of -2.3%.

Real Estate and Self Storage in Danville, IL

One way to get an idea of the demand for housing and storage space in Danville is to look at housing occupancy and vacancy rates. If housing occupancy rates in Danville are high, it's probably safe to assume that storage facility occupancy rates in Danville are also high, which would push unit prices up. According to US Census estimates, 87.3% of housing units in Danville are occupied, while the vacancy rate is at 12.7%. The average occupancy rate in US cities is 89%, so it's likely the case that storage facilities in Danville also have higher than average occupancy rates. High occupancy rates in Danville will make it more difficult to find a good deal on a storage unit.