If you're searching for self storage in El Centro, there are a few things you should keep in mind. Storage unit prices and availability in El Centro are determined by many different factors, including real estate, population growth, the wealth of the local population, the current economic climate, and more. In order to give you a better idea of these factors in El Centro, we pulled in data from the US Census.
Self storage is commonly used as a secure place to store one's belongings when moving into a new home. If there's a high amount of moving activity in El Centro, that could affect storage unit pricing and availability. A city with a high amount of moving activity should see substantial changes in population, so by looking at population data for El Centro we can get a better idea of the amount of moving activity. The US Census tells us that the metro area population of El Centro grew from 42,701 in 2010 to 43,763 in 2014, which is a rate of 2.49% growth over four years.
Vacancy and occupancy rates in the El Centro housing market can help us gauge the demand for living space and thus self-storage space in El Centro, and may hint at storage availability and pricing. High occupancy rates can indicate a lack of housing supply in El Centro, which may correlate to a lack of storage unit inventory and thus higher rental rates for self storage in the El Centro area. According to US Census estimates, 90.5% of housing units in El Centro are occupied, while the vacancy rate is at 9.5%. That's a higher rate than average for US cities, suggesting storage unit occupancy in El Centro may also be higher. That might make it harder to find cheap storage in El Centro.
(877) 449-0987(Se habla espanol)
2020 © Self Storage Finders. All Rights Reserved.