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Finding Self Storage in Lakeville, MN: Everything You Need To Know

Just starting your Lakeville self storage search? There are a few things you should know. Storage unit prices and availability in Lakeville are determined by many different factors, including real estate, population growth, the wealth of the local population, the current economic climate, and more. Using US Census data, we've pieced together a better picture of those factors as they relate to self storage in Lakeville.

Moving and Storage in Lakeville, MN

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 Lakeville, that could affect storage unit pricing and availability. Population changes over time are one way of gauging the amount of moving activity in Lakeville. From 2010 to 2014, the Lakeville metro area population grew from 56,106 to 59,866, a growth rate of 6.7% according to the US Census.

The Relationship Between Real Estate and Self Storage in Lakeville, MN.

Vacancy and occupancy rates in the Lakeville housing market can help us gauge the demand for living space and thus self-storage space in Lakeville, and may hint at storage availability and pricing. Low rates of vacancy in Lakeville housing could indicate that real estate is in short supply. Self storage units in Lakeville may then also be in short supply, which means Lakeville storage unit prices may be higher. According to US Census estimates, 96% of housing units in Lakeville are occupied, while the vacancy rate is at 4%. The average occupancy rate in US cities is 89%, so it's likely the case that storage facilities in Lakeville also have higher than average occupancy rates. High occupancy rates in Lakeville will make it more difficult to find a good deal on a storage unit.

There are 12 self storage units in Lakeville, MN in a 15 mile radius to choose from with up to 12 storage facilities, you may find cheaper storage prices in Lakeville comparable to the national average price.

Using $1.00/sqft as a national average, the average price for a self storage unit is $1.65. This is 64.66% higher with $0.65 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 Lakeville including:

If storage near Lakeville, Minnesota is not close enough to you, you may be interested in the 15 nearby cities including Apple Valley, Bloomington, Burnsville, Eagan, Eden Prairie, Elko, Farmington, Inver Grove, INVER GROVE HEIGHTS, Inver Grove Heights, Jordan, Lonsdale, New Prague, Northfield, Prior Lake.

We also have specialized storage to choose from in Lakeville. If you require a climate controlled unit where temperature and humidity are important, please check out our Lakeville, MN Climate Controlled Storage, page. If you need to store a boat, car, or RV near Lakeville, MN, please visit our Lakeville, MN Car, Boat & RV Storage Storage page.