Everything You Need to Know About Finding Self Storage in Greenfield, WI
Just starting your Greenfield self storage search? There are a few things you should know. If you're wondering how much you should expect to pay for self storage in Greenfield, 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 Greenfield.Self Storage and Moving in Greenfield, WI
If there are many people moving to or from Greenfield, prices could be higher than in other cities. That's because self storage if often used as part of a home move. We can get a good idea of whether or not many people are moving to or from Greenfield by looking at the change in population. From 2010 to 2014, the Greenfield metro area population grew from 36,766 to 37,157, a growth rate of 1.06% according to the US Census.The Relationship Between Real Estate and Self Storage in Greenfield, WI
Vacancy and occupancy rates in the Greenfield housing market can help us gauge the demand for living space and thus self-storage space in Greenfield, and may hint at storage availability and pricing. Low rates of vacancy in Greenfield housing could indicate that real estate is in short supply. Self storage units in Greenfield may then also be in short supply, which means Greenfield storage unit prices may be higher. Greenfield is estimated to have a 94.8% housing occupancy rate, while the vacancy rate is at 5.2%. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in Greenfield, suggesting that storage unit inventory might also be tighter in Greenfield. With fewer units available, storage facilities in Greenfield may charge higher prices.