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Everything You Need to Know About Finding Self Storage in Lake Stevens, WA

Just starting your Lake Stevens self storage search? There are a few things you should know. If you're wondering how much you should expect to pay for self storage in Lake Stevens, 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. The US Census keeps accurate data relating to all of these factors, so we've used their data on Lake Stevens to help inform your Lake Stevens self storage search.

Moving and Storage in Lake Stevens, WA

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 Lake Stevens, prices could be higher and availability lower. Population changes over time are one way of gauging the amount of moving activity in Lake Stevens. From 2010 to 2014, the Lake Stevens metro area population grew from 28,254 to 30,284, a growth rate of 7.18% according to the US Census.

Real Estate and Self Storage in Lake Stevens, WA

Vacancy and occupancy rates in the Lake Stevens housing market can help us gauge the demand for living space and thus self-storage space in Lake Stevens, and may hint at storage availability and pricing. High occupancy rates can indicate a lack of housing supply in Lake Stevens, which may correlate to a lack of storage unit inventory and thus higher rental rates for self storage in the Lake Stevens area. The US Census estimates that housing vacancy rates in Lake Stevens are at 5.8%, while the occupancy rate is at 94.2%. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in Lake Stevens, suggesting that storage unit inventory might also be tighter in Lake Stevens. With fewer units available, storage facilities in Lake Stevens may charge higher prices.