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Finding Self Storage in Kennebunk, ME: Top Tips

Before beginning your self storage search in Kennebunk, there are a few things you should know. Kennebunk 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. The US Census keeps accurate data relating to all of these factors, so we've used their data on Kennebunk to help inform your Kennebunk self storage search.

Self Storage and Moving in Kennebunk, ME

One of the primary uses of self storage is as a safe place to keep your things between moving homes. If many people are moving to or from Kennebunk, prices could be higher and availability lower. By looking at population changes in Kennebunk, we should be able to get an idea of how many people are moving to or from the city. According to the US Census, the Kennebunk metro area's population grew from 10,818 in 2010 to 11,111 in 2014, a growth rate of 2.71%.

The Real Estate Climate and Self Storage in Kennebunk, ME

Vacancy and occupancy rates in the Kennebunk housing market can help us gauge the demand for living space and thus self-storage space in Kennebunk, and may hint at storage availability and pricing. High occupancy rates can indicate a lack of housing supply in Kennebunk, which may correlate to a lack of storage unit inventory and thus higher rental rates for self storage in the Kennebunk area. According to US Census estimates, 85.3% of housing units in Kennebunk are occupied, while the vacancy rate is at 14.7%. That's a lower vacancy rate than the average for cities in the United States, and suggests that storage facility vacancy in Kennebunk may also be lower. Low vacancy allows storage facilities to charge higher rent, so a cheap storage unit could be trickier to find in Kennebunk than in other cities.