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Tips for Finding Self Storage in Grafton, ND

There are a few things you should know about Grafton self storage before you begin your search. If you're wondering how much you should expect to pay for self storage in Grafton, 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. In order to give you a better idea of these factors in Grafton, we pulled in data from the US Census.

Grafton, ND Moving and Storage

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 Grafton, 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 Grafton we can get a better idea of the amount of moving activity. From 2010 to 2014, the Grafton metro area population fell from 4,274 to 4,268, a loss of -0.14% according to the US Census.

The Real Estate Climate and Self Storage in Grafton, ND

Vacancy and occupancy rates in the Grafton housing market can help us gauge the demand for living space and thus self-storage space in Grafton, and may hint at storage availability and pricing. Low rates of vacancy in Grafton housing could indicate that real estate is in short supply. Self storage units in Grafton may then also be in short supply, which means Grafton storage unit prices may be higher. Grafton is estimated to have a 89.2% housing occupancy rate, while the vacancy rate is at 10.8%. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in Grafton, suggesting that storage unit inventory might also be tighter in Grafton. With fewer units available, storage facilities in Grafton may charge higher prices.