There are a few things you should know about Fairhope self storage before you begin your search. The pricing and availability of storage units in Fairhope 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. The US Census keeps accurate data relating to all of these factors, so we've used their data on Fairhope to help inform your Fairhope self storage search.
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 Fairhope, prices could be higher and availability lower. By looking at population changes in Fairhope, we should be able to get an idea of how many people are moving to or from the city. According to the US Census, the Fairhope metro area's population grew from 15,435 in 2010 to 18,089 in 2014, a growth rate of 17.19%.
Housing unit occupancy can give us an idea of what the demand is like for living and storage space in Fairhope. If housing occupancy rates in Fairhope are high, it's probably safe to assume that storage facility occupancy rates in Fairhope are also high, which would push unit prices up. The US Census estimates that housing vacancy rates in Fairhope are at 12.1%, while the occupancy rate is at 87.9%. The average occupancy rate in US cities is 89%, so it's likely the case that storage facilities in Fairhope also have higher than average occupancy rates. High occupancy rates in Fairhope will make it more difficult to find a good deal on a storage unit.
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