If you're searching for self storage in Edwardsville, there are a few things you should keep in mind. The pricing and availability of storage units in Edwardsville 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 Edwardsville to give you a better idea of these factors.
Many people use storage as part of their move, so if there are many people moving to Edwardsville, you might expect storage prices to be higher and unit availability to be lower. A city with a high amount of moving activity should see substantial changes in population, so by looking at population data for Edwardsville we can get a better idea of the amount of moving activity. According to the US Census, the Edwardsville metro area's population grew from 24,294 in 2010 to 24,758 in 2014, a growth rate of 1.91%.
Vacancy and occupancy rates in the Edwardsville housing market can help us gauge the demand for living space and thus self-storage space in Edwardsville, and may hint at storage availability and pricing. If there's low vacancy rates in Edwardsville housing, there's likely low vacancy at Edwardsville storage facilities. This would allow storage facilities in Edwardsville to charge higher prices for their units. Edwardsville is estimated to have a 94.4% housing occupancy rate, while the vacancy rate is at 5.6%. The average occupancy rate in US cities is 89%, so it's likely the case that storage facilities in Edwardsville also have higher than average occupancy rates. High occupancy rates in Edwardsville will make it more difficult to find a good deal on a storage unit.
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