Finding Self Storage in Huntington, WV: Everything You Need To Know
If you're searching for self storage in Huntington, there are a few things you should keep in mind. Huntington storage unit prices and availability are closely related to things like real estate prices, the type of housing available in the area, the city's wealth, and whether or not many people are moving to the area. We used US Census data on Huntington to give you a better idea of these factors.Self Storage and Moving in Huntington, WV
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 Huntington, 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 Huntington by looking at the change in population. US Census data tells us that the Huntington metro area's population shrank from 49,124 in 2010 to 48,807 in 2014, a decline of -0.65%.Self Storage and Real Estate in Huntington, WV
Housing occupancy and vacancy rates in Huntington can help us get a better idea of how much demand there is for living and storage space in Huntington and thus the kind of storage prices and availability we should expect to find. High occupancy rates can indicate a lack of housing supply in Huntington, which may correlate to a lack of storage unit inventory and thus higher rental rates for self storage in the Huntington area. Huntington is estimated to have a 86.6% housing occupancy rate, while the vacancy rate is at 13.4%. That's a lower vacancy rate than the average for cities in the United States, and suggests that storage facility vacancy in Huntington may also be lower. Low vacancy allows storage facilities to charge higher rent, so a cheap storage unit could be trickier to find in Huntington than in other cities.