Finding Self Storage in Lakewood, CO: Everything You Need To Know
If you're searching for self storage in Lakewood, there are a few things you should keep in mind. Lakewood 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. Using US Census data, we've pieced together a better picture of those factors as they relate to self storage in Lakewood.Self Storage and Moving in Lakewood, CO
Many people use storage as part of their move, so if there are many people moving to Lakewood, you might expect storage prices to be higher and unit availability to be lower. By looking at population changes in Lakewood, we should be able to get an idea of how many people are moving to or from the city. The US Census tells us that the metro area population of Lakewood grew from 143,156 in 2010 to 149,643 in 2014, which is a rate of 4.53% growth over four years.The Real Estate Climate and Self Storage in Lakewood, CO
One way to get an idea of the demand for housing and storage space in Lakewood is to look at housing occupancy and vacancy rates. If housing occupancy rates in Lakewood are high, it's probably safe to assume that storage facility occupancy rates in Lakewood are also high, which would push unit prices up. According to US Census estimates, 94.3% of housing units in Lakewood are occupied, while the vacancy rate is at 5.7%. The average occupancy rate in US cities is 89%, so it's likely the case that storage facilities in Lakewood also have higher than average occupancy rates. High occupancy rates in Lakewood will make it more difficult to find a good deal on a storage unit.