Finding Self Storage in Davenport, IA: Everything You Need To Know
Just starting your Davenport self storage search? There are a few things you should know. The pricing and availability of storage units in Davenport 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. We used US Census data on Davenport to give you a better idea of these factors.Moving and Storage in Davenport, IA
Many people use storage as part of their move, so if there are many people moving to Davenport, you might expect storage prices to be higher and unit availability to be lower. Population changes over time are one way of gauging the amount of moving activity in Davenport. According to the US Census, the Davenport metro area's population grew from 99,951 in 2010 to 102,448 in 2014, a growth rate of 2.5%.Real Estate and Self Storage in Davenport, IA
Vacancy and occupancy rates in the Davenport housing market can help us gauge the demand for living space and thus self-storage space in Davenport, and may hint at storage availability and pricing. Low rates of vacancy in Davenport housing could indicate that real estate is in short supply. Self storage units in Davenport may then also be in short supply, which means Davenport storage unit prices may be higher. The US Census estimates that housing vacancy rates in Davenport are at 7.9%, while the occupancy rate is at 92.1%. The average occupancy rate in US cities is 89%, so it's likely the case that storage facilities in Davenport also have higher than average occupancy rates. High occupancy rates in Davenport will make it more difficult to find a good deal on a storage unit.