Finding Self Storage in Flower Mound, TX: Everything You Need To Know
Before beginning your self storage search in Flower Mound, there are a few things you should know. The pricing and availability of storage units in Flower Mound 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 Flower Mound, we pulled in data from the US Census.Flower Mound, TX Self Storage and Moving
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 Flower Mound, prices could be higher and availability lower. A city with a high amount of moving activity should see substantial changes in population, so by looking at population data for Flower Mound we can get a better idea of the amount of moving activity. The US Census tells us that the metro area population of Flower Mound grew from 64,895 in 2010 to 69,650 in 2014, which is a rate of 7.33% growth over four years.Real Estate and Self Storage in Flower Mound, TX
One way to get an idea of the demand for housing and storage space in Flower Mound is to look at housing occupancy and vacancy rates. High occupancy rates can indicate a lack of housing supply in Flower Mound, which may correlate to a lack of storage unit inventory and thus higher rental rates for self storage in the Flower Mound area. According to US Census estimates, 97.4% of housing units in Flower Mound are occupied, while the vacancy rate is at 2.6%. That's a lower vacancy rate than the average for cities in the United States, and suggests that storage facility vacancy in Flower Mound may also be lower. Low vacancy allows storage facilities to charge higher rent, so a cheap storage unit could be trickier to find in Flower Mound than in other cities.