Finding Self Storage in Hollywood, FL: Everything You Need To Know
Just starting your Hollywood self storage search? There are a few things you should know. The pricing and availability of storage units in Hollywood 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 Hollywood.Hollywood, FL Moving and Storage
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 Hollywood, that could affect storage unit pricing and availability. We can get a good idea of whether or not many people are moving to or from Hollywood by looking at the change in population. The Hollywood metro area grew from 141,158 persons in 2010 to 148,047 persons in 2014 according to the US Census, an increase of 4.88%.Real Estate and Self Storage in Hollywood, FL
Vacancy and occupancy rates in the Hollywood housing market can help us gauge the demand for living space and thus self-storage space in Hollywood, and may hint at storage availability and pricing. If there's low vacancy rates in Hollywood housing, there's likely low vacancy at Hollywood storage facilities. This would allow storage facilities in Hollywood to charge higher prices for their units. 17.8% of housing units in Hollywood are vacant according to the US Census, while 82.2% are occupied. That's a lower vacancy rate than the average for cities in the United States, and suggests that storage facility vacancy in Hollywood may also be lower. Low vacancy allows storage facilities to charge higher rent, so a cheap storage unit could be trickier to find in Hollywood than in other cities.