Finding Self Storage in Lafayette, CO: Top Tips
There are a few things you should know about Lafayette self storage before you begin your search. If you're wondering how much you should expect to pay for self storage in Lafayette, consider the fact that storage prices are closely related to factors like the real estate climate, the economic prospects of the city, and population growth. In order to give you a better idea of these factors in Lafayette, we pulled in data from the US Census.Lafayette, CO Moving and Storage
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 Lafayette, prices could be higher and availability lower. We can get a good idea of whether or not many people are moving to or from Lafayette by looking at the change in population. From 2010 to 2014, the Lafayette metro area population grew from 24,534 to 27,081, a growth rate of 10.38% according to the US Census.The Relationship Between Real Estate and Self Storage in Lafayette, CO
Housing unit occupancy can give us an idea of what the demand is like for living and storage space in Lafayette. If there's low vacancy rates in Lafayette housing, there's likely low vacancy at Lafayette storage facilities. This would allow storage facilities in Lafayette to charge higher prices for their units. According to US Census estimates, 96.3% of housing units in Lafayette are occupied, while the vacancy rate is at 3.7%. That's a lower vacancy rate than the average for cities in the United States, and suggests that storage facility vacancy in Lafayette may also be lower. Low vacancy allows storage facilities to charge higher rent, so a cheap storage unit could be trickier to find in Lafayette than in other cities.