Tips for Finding Self Storage in Lancaster, OH
Just starting your Lancaster self storage search? There are a few things you should know. Lancaster 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 Lancaster, we pulled in data from the US Census.Self Storage and Moving in Lancaster, OH
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 Lancaster, that could affect storage unit pricing and availability. By looking at population changes in Lancaster, 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 Lancaster grew from 38,816 in 2010 to 39,595 in 2014, which is a rate of 2.01% growth over four years.Self Storage and Real Estate in Lancaster, OH
Housing occupancy and vacancy rates in Lancaster can help us get a better idea of how much demand there is for living and storage space in Lancaster and thus the kind of storage prices and availability we should expect to find. If housing occupancy rates in Lancaster are high, it's probably safe to assume that storage facility occupancy rates in Lancaster are also high, which would push unit prices up. The US Census estimates that housing vacancy rates in Lancaster are at 9.3%, while the occupancy rate is at 90.7%. The average occupancy rate in US cities is 89%, so it's likely the case that storage facilities in Lancaster also have higher than average occupancy rates. High occupancy rates in Lancaster will make it more difficult to find a good deal on a storage unit.