Tips for Finding Self Storage in Denton, MD
Just starting your Denton self storage search? There are a few things you should know. If you're wondering how much you should expect to pay for self storage in Denton, consider the fact that storage prices are closely related to factors like the real estate climate, the economic prospects of the city, and population growth. In order to give you a better idea of these factors in Denton, we pulled in data from the US Census.Denton, MD Self Storage and Moving
Many people use storage as part of their move, so if there are many people moving to Denton, 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 Denton. US Census data tells us that the Denton metro area's population shrank from 4,408 in 2010 to 4,344 in 2014, a decline of -1.45%.The Real Estate Climate and Self Storage in Denton, MD
Housing unit occupancy can give us an idea of what the demand is like for living and storage space in Denton. High occupancy rates can indicate a lack of housing supply in Denton, which may correlate to a lack of storage unit inventory and thus higher rental rates for self storage in the Denton area. The US Census estimates that housing vacancy rates in Denton are at 10.3%, while the occupancy rate is at 89.7%. That's a lower vacancy rate than the average for cities in the United States, and suggests that storage facility vacancy in Denton may also be lower. Low vacancy allows storage facilities to charge higher rent, so a cheap storage unit could be trickier to find in Denton than in other cities.