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Finding Self Storage in Lake Lure, NC: Everything You Need To Know

If you're searching for self storage in Lake Lure, there are a few things you should keep in mind. Lake Lure 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. In order to give you a better idea of these factors in Lake Lure, we pulled in data from the US Census.

Self Storage and Moving in Lake Lure, NC

Self storage is commonly used as a secure place to store one's belongings when moving into a new home. If there's a high amount of moving activity in Lake Lure, that could affect storage unit pricing and availability. By looking at population changes in Lake Lure, we should be able to get an idea of how many people are moving to or from the city. US Census data tells us that the Lake Lure metro area's population shrank from 1,195 in 2010 to 1,186 in 2014, a decline of -0.75%.

The Real Estate Climate and Self Storage in Lake Lure, NC

Housing unit occupancy can give us an idea of what the demand is like for living and storage space in Lake Lure. If housing occupancy rates in Lake Lure are high, it's probably safe to assume that storage facility occupancy rates in Lake Lure are also high, which would push unit prices up. According to US Census estimates, 27.4% of housing units in Lake Lure are occupied, while the vacancy rate is at 72.6%. That's a lower vacancy rate than the average for cities in the United States, and suggests that storage facility vacancy in Lake Lure may also be lower. Low vacancy allows storage facilities to charge higher rent, so a cheap storage unit could be trickier to find in Lake Lure than in other cities.