Finding Self Storage in Lake Wales, FL: Top Tips
Just starting your Lake Wales self storage search? There are a few things you should know. Lake Wales 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 Lake Wales to help inform your Lake Wales self storage search.Lake Wales, FL Moving and Storage
If there are many people moving to or from Lake Wales, prices could be higher than in other cities. That's because self storage if often used as part of a home move. By looking at population changes in Lake Wales, we should be able to get an idea of how many people are moving to or from the city. The Lake Wales metro area grew from 14,230 persons in 2010 to 15,140 persons in 2014 according to the US Census, an increase of 6.39%.The Relationship Between Real Estate and Self Storage in Lake Wales, FL
Housing occupancy and vacancy rates in Lake Wales can help us get a better idea of how much demand there is for living and storage space in Lake Wales and thus the kind of storage prices and availability we should expect to find. If there's low vacancy rates in Lake Wales housing, there's likely low vacancy at Lake Wales storage facilities. This would allow storage facilities in Lake Wales to charge higher prices for their units. The US Census estimates that housing vacancy rates in Lake Wales are at 16.1%, while the occupancy rate is at 83.9%. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in Lake Wales, suggesting that storage unit inventory might also be tighter in Lake Wales. With fewer units available, storage facilities in Lake Wales may charge higher prices.
There are 7 self storage units in Lake Wales, FL in a 15 mile radius to choose from. This means fewer options for you to choose from, so storage prices in Lake Wales, FL may be higher than average due to less competition.
Using $1.00/sqft as a national average, the average price for a self storage unit is $1.32. This is 31.68% higher with $0.32 net increase in cost per square foot. You'll be paying more in medium to large cities as storage prices are generally higher in densely populated areas.
Choose from multiple self storage facilities in Lake Wales including:
If storage near Lake Wales, Florida is not close enough to you, you may be interested in the 6 nearby cities including Auburndale, Bartow, Dundee, Haines City, Lake Alfred, Winter Haven.
We also have specialized storage to choose from in Lake Wales. If you require a climate controlled unit where temperature and humidity are important, please check out our Lake Wales, FL Climate Controlled Storage, page. If you need to store a boat, car, or RV near Lake Wales, FL, please visit our Lake Wales, FL Car, Boat & RV Storage Storage page.