Just starting your Gulf Shores self storage search? There are a few things you should know. The pricing and availability of storage units in Gulf Shores will depend on several factors such as the real estate climate, the number of people moving into or throughout the area, housing conditions in the city, and the general wealth and prosperity of the area. Using US Census data, we've pieced together a better picture of those factors as they relate to self storage in Gulf Shores.
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 Gulf Shores, that could affect storage unit pricing and availability. By looking at population changes in Gulf Shores, we should be able to get an idea of how many people are moving to or from the city. The US Census tells us that the metro area population of Gulf Shores grew from 10,153 in 2010 to 10,963 in 2014, which is a rate of 7.98% growth over four years.
Housing unit occupancy can give us an idea of what the demand is like for living and storage space in Gulf Shores. If there's low vacancy rates in Gulf Shores housing, there's likely low vacancy at Gulf Shores storage facilities. This would allow storage facilities in Gulf Shores to charge higher prices for their units. Gulf Shores is estimated to have a 37.4% housing occupancy rate, while the vacancy rate is at 62.6%. The average occupancy rate in US cities is 89%, so it's likely the case that storage facilities in Gulf Shores also have higher than average occupancy rates. High occupancy rates in Gulf Shores will make it more difficult to find a good deal on a storage unit.
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