Everything You Need to Know About Finding Self Storage in Daytona Beach, FL
Just starting your Daytona Beach self storage search? There are a few things you should know. The pricing and availability of storage units in Daytona Beach 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. Using US Census data, we've pieced together a better picture of those factors as they relate to self storage in Daytona Beach.Daytona Beach, FL Self Storage and Moving
Many people use storage as part of their move, so if there are many people moving to Daytona Beach, you might expect storage prices to be higher and unit availability to be lower. By looking at population changes in Daytona Beach, 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 Daytona Beach metro area's population grew from 61,076 in 2010 to 63,011 in 2014, a growth rate of 3.17%.The Real Estate Climate and Self Storage in Daytona Beach, FL
Housing unit occupancy can give us an idea of what the demand is like for living and storage space in Daytona Beach. High occupancy rates can indicate a lack of housing supply in Daytona Beach, which may correlate to a lack of storage unit inventory and thus higher rental rates for self storage in the Daytona Beach area. According to US Census estimates, 80.5% of housing units in Daytona Beach are occupied, while the vacancy rate is at 19.5%. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in Daytona Beach, suggesting that storage unit inventory might also be tighter in Daytona Beach. With fewer units available, storage facilities in Daytona Beach may charge higher prices.