Finding Self Storage in Godfrey, IL: Everything You Need To Know
If you're searching for self storage in Godfrey, 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 Godfrey, 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. We used US Census data on Godfrey to give you a better idea of these factors.Godfrey, IL Moving and Storage
Many people use storage as part of their move, so if there are many people moving to Godfrey, you might expect storage prices to be higher and unit availability to be lower. By looking at population changes in Godfrey, we should be able to get an idea of how many people are moving to or from the city. US Census data tells us that the Godfrey metro area's population shrank from 18,006 in 2010 to 17,782 in 2014, a decline of -1.24%.The Real Estate Climate and Self Storage in Godfrey, IL
One way to get an idea of the demand for housing and storage space in Godfrey is to look at housing occupancy and vacancy rates. If housing occupancy rates in Godfrey are high, it's probably safe to assume that storage facility occupancy rates in Godfrey are also high, which would push unit prices up. 5.2% of housing units in Godfrey are vacant according to the US Census, while 94.8% are occupied. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in Godfrey, suggesting that storage unit inventory might also be tighter in Godfrey. With fewer units available, storage facilities in Godfrey may charge higher prices.