Tips for Finding Self Storage in Fayetteville, NC
If you're searching for self storage in Fayetteville, there are a few things you should keep in mind. Storage unit prices and availability in Fayetteville are determined by many different factors, including real estate, population growth, the wealth of the local population, the current economic climate, and more. Using US Census data, we've pieced together a better picture of those factors as they relate to self storage in Fayetteville.Moving and Storage in Fayetteville, NC
Many people use storage as part of their move, so if there are many people moving to Fayetteville, 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 Fayetteville we can get a better idea of the amount of moving activity. The Fayetteville metro area grew from 200,856 persons in 2010 to 203,948 persons in 2014 according to the US Census, an increase of 1.54%.The Real Estate Climate and Self Storage in Fayetteville, NC
Housing occupancy and vacancy rates in Fayetteville can help us get a better idea of how much demand there is for living and storage space in Fayetteville and thus the kind of storage prices and availability we should expect to find. High occupancy rates can indicate a lack of housing supply in Fayetteville, which may correlate to a lack of storage unit inventory and thus higher rental rates for self storage in the Fayetteville area. 10% of housing units in Fayetteville are vacant according to the US Census, while 90% are occupied. That's a lower vacancy rate than the average for cities in the United States, and suggests that storage facility vacancy in Fayetteville may also be lower. Low vacancy allows storage facilities to charge higher rent, so a cheap storage unit could be trickier to find in Fayetteville than in other cities.