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Finding Self Storage in Fort Collins, CO: Top Tips

If you're searching for self storage in Fort Collins, there are a few things you should keep in mind. If you're wondering how much you should expect to pay for self storage in Fort Collins, consider the fact that storage prices are closely related to factors like the real estate climate, the economic prospects of the city, and population growth. Using US Census data, we've pieced together a better picture of those factors as they relate to self storage in Fort Collins.

Fort Collins, CO 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 Fort Collins, 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 Fort Collins we can get a better idea of the amount of moving activity. From 2010 to 2014, the Fort Collins metro area population grew from 144,505 to 156,480, a growth rate of 8.29% according to the US Census.

The Relationship Between Real Estate and Self Storage in Fort Collins, CO.

One way to get an idea of the demand for housing and storage space in Fort Collins is to look at housing occupancy and vacancy rates. High occupancy rates can indicate a lack of housing supply in Fort Collins, which may correlate to a lack of storage unit inventory and thus higher rental rates for self storage in the Fort Collins area. According to US Census estimates, 95.6% of housing units in Fort Collins are occupied, while the vacancy rate is at 4.4%. That's a lower vacancy rate than the average for cities in the United States, and suggests that storage facility vacancy in Fort Collins may also be lower. Low vacancy allows storage facilities to charge higher rent, so a cheap storage unit could be trickier to find in Fort Collins than in other cities.