Tips for Finding Self Storage in Eastpointe, MI
Before beginning your self storage search in Eastpointe, there are a few things you should know. If you're wondering how much you should expect to pay for self storage in Eastpointe, 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. Using US Census data, we've pieced together a better picture of those factors as they relate to self storage in Eastpointe.Self Storage and Moving in Eastpointe, MI
If there are many people moving to or from Eastpointe, prices could be higher than in other cities. That's because self storage if often used as part of a home move. A city with a high amount of moving activity should see substantial changes in population, so by looking at population data for Eastpointe we can get a better idea of the amount of moving activity. The US Census tells us that the metro area population of Eastpointe grew from 32,435 in 2010 to 32,654 in 2014, which is a rate of 0.68% growth over four years.Real Estate and Self Storage in Eastpointe, MI
Vacancy and occupancy rates in the Eastpointe housing market can help us gauge the demand for living space and thus self-storage space in Eastpointe, and may hint at storage availability and pricing. Low rates of vacancy in Eastpointe housing could indicate that real estate is in short supply. Self storage units in Eastpointe may then also be in short supply, which means Eastpointe storage unit prices may be higher. Eastpointe is estimated to have a 91% housing occupancy rate, while the vacancy rate is at 9%. That's a lower vacancy rate than the average for cities in the United States, and suggests that storage facility vacancy in Eastpointe may also be lower. Low vacancy allows storage facilities to charge higher rent, so a cheap storage unit could be trickier to find in Eastpointe than in other cities.