Finding Self Storage in Fenton, MI: Everything You Need To Know
Before beginning your self storage search in Fenton, there are a few things you should know. The pricing and availability of storage units in Fenton 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. In order to give you a better idea of these factors in Fenton, we pulled in data from the US Census.Fenton, MI Moving and Storage
Many people use storage as part of their move, so if there are many people moving to Fenton, you might expect storage prices to be higher and unit availability to be lower. By looking at population changes in Fenton, we should be able to get an idea of how many people are moving to or from the city. The Fenton metro area saw its population decline from 11,739 persons in 2010 to 11,463 persons in 2014 according to the US Census, a decrease of -2.35%.Self Storage and Real Estate in Fenton, MI
One way to get an idea of the demand for housing and storage space in Fenton is to look at housing occupancy and vacancy rates. If there's low vacancy rates in Fenton housing, there's likely low vacancy at Fenton storage facilities. This would allow storage facilities in Fenton to charge higher prices for their units. The US Census estimates that housing vacancy rates in Fenton are at 9.1%, while the occupancy rate is at 90.9%. The average occupancy rate in US cities is 89%, so it's likely the case that storage facilities in Fenton also have higher than average occupancy rates. High occupancy rates in Fenton will make it more difficult to find a good deal on a storage unit.