Everything You Need to Know About Finding Self Storage in Hot Springs, AR
If you're searching for self storage in Hot Springs, there are a few things you should keep in mind. Storage unit prices and availability in Hot Springs are determined by many different factors, including real estate, population growth, the wealth of the local population, the current economic climate, and more. We used US Census data on Hot Springs to give you a better idea of these factors.Hot Springs, AR Self Storage and Moving
Many people use storage as part of their move, so if there are many people moving to Hot Springs, you might expect storage prices to be higher and unit availability to be lower. By looking at population changes in Hot Springs, we should be able to get an idea of how many people are moving to or from the city. The Hot Springs metro area grew from 35,237 persons in 2010 to 35,673 persons in 2014 according to the US Census, an increase of 1.24%.The Real Estate Climate and Self Storage in Hot Springs, AR
One way to get an idea of the demand for housing and storage space in Hot Springs is to look at housing occupancy and vacancy rates. If there's low vacancy rates in Hot Springs housing, there's likely low vacancy at Hot Springs storage facilities. This would allow storage facilities in Hot Springs to charge higher prices for their units. According to US Census estimates, 82.2% of housing units in Hot Springs are occupied, while the vacancy rate is at 17.8%. That's a higher rate than average for US cities, suggesting storage unit occupancy in Hot Springs may also be higher. That might make it harder to find cheap storage in Hot Springs.
There are 3 self storage units in Hot Springs, AR in a 15 mile radius to choose from. This means fewer options for you to choose from, so storage prices in Hot Springs, AR may be higher than average due to less competition.
Using $1.00/sqft as a national average, the average price for a self storage unit is $1.08. This is 8.29% higher with $0.08 net increase in cost per square foot. You'll be paying more in medium to large cities as storage prices are generally higher in densely populated areas.
Choose from multiple self storage facilities in Hot Springs including:
If storage near Hot Springs, Arkansas is not close enough to you, you may be interested in the 1 nearby cities including Hot Springs Village.
We also have specialized storage to choose from in Hot Springs. If you require a climate controlled unit where temperature and humidity are important, please check out our Hot Springs, AR Climate Controlled Storage, page. If you need to store a boat, car, or RV near Hot Springs, AR, please visit our Hot Springs, AR Vehicle Storage page.