Finding Self Storage in Festus, MO: Top Tips
There are a few things you should know about Festus self storage before you begin your search. Festus 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. The US Census keeps accurate data relating to all of these factors, so we've used their data on Festus to help inform your Festus self storage search.Festus, MO Moving and Storage
Many people use storage as part of their move, so if there are many people moving to Festus, you might expect storage prices to be higher and unit availability to be lower. By looking at population changes in Festus, 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 Festus metro area's population grew from 11,616 in 2010 to 11,885 in 2014, a growth rate of 2.32%.The Real Estate Climate and Self Storage in Festus, MO
One way to get an idea of the demand for housing and storage space in Festus is to look at housing occupancy and vacancy rates. High occupancy rates can indicate a lack of housing supply in Festus, which may correlate to a lack of storage unit inventory and thus higher rental rates for self storage in the Festus area. The US Census estimates that housing vacancy rates in Festus are at 6.8%, while the occupancy rate is at 93.2%. That's a higher rate than average for US cities, suggesting storage unit occupancy in Festus may also be higher. That might make it harder to find cheap storage in Festus.