Finding Self Storage in Framingham, MA: Top Tips
If you're searching for self storage in Framingham, there are a few things you should keep in mind. Framingham 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 Framingham.Framingham, MA Self Storage and Moving
If there are many people moving to or from Framingham, prices could be higher than in other cities. That's because self storage if often used as part of a home move. Population changes over time are one way of gauging the amount of moving activity in Framingham. From 2010 to 2014, the Framingham metro area population grew from 68,602 to 70,746, a growth rate of 3.13% according to the US Census.Self Storage and Real Estate in Framingham, MA
One way to get an idea of the demand for housing and storage space in Framingham is to look at housing occupancy and vacancy rates. Low rates of vacancy in Framingham housing could indicate that real estate is in short supply. Self storage units in Framingham may then also be in short supply, which means Framingham storage unit prices may be higher. The US Census estimates that housing vacancy rates in Framingham are at 4.9%, while the occupancy rate is at 95.1%. The average occupancy rate in US cities is 89%, so it's likely the case that storage facilities in Framingham also have higher than average occupancy rates. High occupancy rates in Framingham will make it more difficult to find a good deal on a storage unit.