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Finding Self Storage in Fort Wayne, IN: Top Tips

Just starting your Fort Wayne self storage search? There are a few things you should know. Storage unit prices and availability in Fort Wayne are determined by many different factors, including real estate, population growth, the wealth of the local population, the current economic climate, and more. The US Census keeps accurate data relating to all of these factors, so we've used their data on Fort Wayne to help inform your Fort Wayne self storage search.

Fort Wayne, IN Self Storage and Moving

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 Fort Wayne, that could affect storage unit pricing and availability. We can get a good idea of whether or not many people are moving to or from Fort Wayne by looking at the change in population. The Fort Wayne metro area grew from 253,821 persons in 2010 to 258,522 persons in 2014 according to the US Census, an increase of 1.85%.

Self Storage and Real Estate in Fort Wayne, IN

Housing unit occupancy can give us an idea of what the demand is like for living and storage space in Fort Wayne. High occupancy rates can indicate a lack of housing supply in Fort Wayne, which may correlate to a lack of storage unit inventory and thus higher rental rates for self storage in the Fort Wayne area. Fort Wayne is estimated to have a 89.5% housing occupancy rate, while the vacancy rate is at 10.5%. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in Fort Wayne, suggesting that storage unit inventory might also be tighter in Fort Wayne. With fewer units available, storage facilities in Fort Wayne may charge higher prices.