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Finding Self Storage in Florence, AL: Top Tips

Before beginning your self storage search in Florence, there are a few things you should know. Florence 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 Florence.

Florence, AL Moving and Storage

Self storage is commonly used as a secure place to store one's belongings when moving into a new home. If there's a high amount of moving activity in Florence, that could affect storage unit pricing and availability. Population changes over time are one way of gauging the amount of moving activity in Florence. According to the US Census, the Florence metro area's population grew from 39,356 in 2010 to 40,215 in 2014, a growth rate of 2.18%.

The Relationship Between Real Estate and Self Storage in Florence, AL.

One way to get an idea of the demand for housing and storage space in Florence is to look at housing occupancy and vacancy rates. If housing occupancy rates in Florence are high, it's probably safe to assume that storage facility occupancy rates in Florence are also high, which would push unit prices up. 10.5% of housing units in Florence are vacant according to the US Census, while 89.5% are occupied. That's a lower vacancy rate than the average for cities in the United States, and suggests that storage facility vacancy in Florence may also be lower. Low vacancy allows storage facilities to charge higher rent, so a cheap storage unit could be trickier to find in Florence than in other cities.