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Advantage Storage - Balch Springs

4108 Hickory Tree Rd Balch Springs, TX 75180 Balch Springs TX 75180 | 12.50 miles away
39 reviews

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Finding Self Storage in Ferris, TX: Top Tips

Before beginning your self storage search in Ferris, there are a few things you should know. Ferris storage unit prices and availability are closely related to things like real estate prices, the type of housing available in the area, the city's wealth, and whether or not many people are moving to the area. Using US Census data, we've pieced together a better picture of those factors as they relate to self storage in Ferris.

Self Storage and Moving in Ferris, TX

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 Ferris, prices could be higher and availability lower. Population changes over time are one way of gauging the amount of moving activity in Ferris. The US Census tells us that the metro area population of Ferris grew from 2,448 in 2010 to 2,508 in 2014, which is a rate of 2.45% growth over four years.

The Relationship Between Real Estate and Self Storage in Ferris, TX.

Housing occupancy and vacancy rates in Ferris can help us get a better idea of how much demand there is for living and storage space in Ferris and thus the kind of storage prices and availability we should expect to find. Low rates of vacancy in Ferris housing could indicate that real estate is in short supply. Self storage units in Ferris may then also be in short supply, which means Ferris storage unit prices may be higher. Ferris is estimated to have a 92.2% housing occupancy rate, while the vacancy rate is at 7.8%. That's a lower vacancy rate than the average for cities in the United States, and suggests that storage facility vacancy in Ferris may also be lower. Low vacancy allows storage facilities to charge higher rent, so a cheap storage unit could be trickier to find in Ferris than in other cities.