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Everything You Need to Know About Finding Self Storage in Iowa City, IA

Before beginning your self storage search in Iowa City, there are a few things you should know. Storage unit prices and availability in Iowa City 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 Iowa City to give you a better idea of these factors.

Iowa City, IA Moving and Storage

Many people use storage as part of their move, so if there are many people moving to Iowa City, you might expect storage prices to be higher and unit availability to be lower. We can get a good idea of whether or not many people are moving to or from Iowa City by looking at the change in population. From 2010 to 2014, the Iowa City metro area population grew from 68,005 to 73,415, a growth rate of 7.96% according to the US Census.

The Relationship Between Real Estate and Self Storage in Iowa City, IA.

Housing occupancy and vacancy rates in Iowa City can help us get a better idea of how much demand there is for living and storage space in Iowa City and thus the kind of storage prices and availability we should expect to find. If housing occupancy rates in Iowa City are high, it's probably safe to assume that storage facility occupancy rates in Iowa City are also high, which would push unit prices up. The US Census estimates that housing vacancy rates in Iowa City are at 5.5%, while the occupancy rate is at 94.5%. The average occupancy rate in US cities is 89%, so it's likely the case that storage facilities in Iowa City also have higher than average occupancy rates. High occupancy rates in Iowa City will make it more difficult to find a good deal on a storage unit.