Everything You Need to Know About Finding Self Storage in Eagan, MN
Just starting your Eagan self storage search? There are a few things you should know. The pricing and availability of storage units in Eagan 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. In order to give you a better idea of these factors in Eagan, we pulled in data from the US Census.Eagan, MN Self Storage and Moving
If there are many people moving to or from Eagan, prices could be higher than in other cities. That's because self storage if often used as part of a home move. We can get a good idea of whether or not many people are moving to or from Eagan by looking at the change in population. According to the US Census, the Eagan metro area's population grew from 64,258 in 2010 to 66,084 in 2014, a growth rate of 2.84%.Self Storage and Real Estate in Eagan, MN
Vacancy and occupancy rates in the Eagan housing market can help us gauge the demand for living space and thus self-storage space in Eagan, and may hint at storage availability and pricing. High occupancy rates can indicate a lack of housing supply in Eagan, which may correlate to a lack of storage unit inventory and thus higher rental rates for self storage in the Eagan area. The US Census estimates that housing vacancy rates in Eagan are at 4.4%, while the occupancy rate is at 95.6%. The average occupancy rate in US cities is 89%, so it's likely the case that storage facilities in Eagan also have higher than average occupancy rates. High occupancy rates in Eagan will make it more difficult to find a good deal on a storage unit.