Tips for Finding Self Storage in Enid, OK
Before beginning your self storage search in Enid, there are a few things you should know. The pricing and availability of storage units in Enid 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. Using US Census data, we've pieced together a better picture of those factors as they relate to self storage in Enid.Enid, OK Moving and Storage
One of the primary uses of self storage is as a safe place to keep your things between moving homes. If many people are moving to or from Enid, prices could be higher and availability lower. A city with a high amount of moving activity should see substantial changes in population, so by looking at population data for Enid we can get a better idea of the amount of moving activity. From 2010 to 2014, the Enid metro area population grew from 49,500 to 51,386, a growth rate of 3.81% according to the US Census.The Relationship Between Real Estate and Self Storage in Enid, OK
One way to get an idea of the demand for housing and storage space in Enid is to look at housing occupancy and vacancy rates. High occupancy rates can indicate a lack of housing supply in Enid, which may correlate to a lack of storage unit inventory and thus higher rental rates for self storage in the Enid area. The US Census estimates that housing vacancy rates in Enid are at 10.1%, while the occupancy rate is at 89.9%. That's a lower vacancy rate than the average for cities in the United States, and suggests that storage facility vacancy in Enid may also be lower. Low vacancy allows storage facilities to charge higher rent, so a cheap storage unit could be trickier to find in Enid than in other cities.