Everything You Need to Know About Finding Self Storage in Lafayette, CA
If you're searching for self storage in Lafayette, there are a few things you should keep in mind. The pricing and availability of storage units in Lafayette will depend on several factors such as the real estate climate, the number of people moving into or throughout the area, housing conditions in the city, and the general wealth and prosperity of the area. We used US Census data on Lafayette to give you a better idea of these factors.Moving and Storage in Lafayette, CA
Many people use storage as part of their move, so if there are many people moving to Lafayette, you might expect storage prices to be higher and unit availability to be lower. By looking at population changes in Lafayette, we should be able to get an idea of how many people are moving to or from the city. The Lafayette metro area grew from 23,887 persons in 2010 to 25,473 persons in 2014 according to the US Census, an increase of 6.64%.Self Storage and Real Estate in Lafayette, CA
One way to get an idea of the demand for housing and storage space in Lafayette is to look at housing occupancy and vacancy rates. High occupancy rates can indicate a lack of housing supply in Lafayette, which may correlate to a lack of storage unit inventory and thus higher rental rates for self storage in the Lafayette area. The US Census estimates that housing vacancy rates in Lafayette are at 4.4%, while the occupancy rate is at 95.6%. The average occupancy rate in US cities is 89%, so it's likely the case that storage facilities in Lafayette also have higher than average occupancy rates. High occupancy rates in Lafayette will make it more difficult to find a good deal on a storage unit.