Finding Self Storage in Irvine, CA: Everything You Need To Know
If you're searching for self storage in Irvine, there are a few things you should keep in mind. Storage unit prices and availability in Irvine are determined by many different factors, including real estate, population growth, the wealth of the local population, the current economic climate, and more. The US Census keeps accurate data relating to all of these factors, so we've used their data on Irvine to help inform your Irvine self storage search.Irvine, CA Moving and Storage
If there are many people moving to or from Irvine, prices could be higher than in other cities. That's because self storage if often used as part of a home move. We can get a good idea of whether or not many people are moving to or from Irvine by looking at the change in population. From 2010 to 2014, the Irvine metro area population grew from 213,366 to 248,531, a growth rate of 16.48% according to the US Census.Real Estate and Self Storage in Irvine, CA
Housing occupancy and vacancy rates in Irvine can help us get a better idea of how much demand there is for living and storage space in Irvine and thus the kind of storage prices and availability we should expect to find. Low rates of vacancy in Irvine housing could indicate that real estate is in short supply. Self storage units in Irvine may then also be in short supply, which means Irvine storage unit prices may be higher. 5.9% of housing units in Irvine are vacant according to the US Census, while 94.1% are occupied. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in Irvine, suggesting that storage unit inventory might also be tighter in Irvine. With fewer units available, storage facilities in Irvine may charge higher prices.