Everything You Need to Know About Finding Self Storage in Leesburg, FL
There are a few things you should know about Leesburg self storage before you begin your search. If you're wondering how much you should expect to pay for self storage in Leesburg, 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 Leesburg to help inform your Leesburg self storage search.Leesburg, FL Self Storage and Moving
If there are many people moving to or from Leesburg, 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 Leesburg, we should be able to get an idea of how many people are moving to or from the city. According to the US Census, the Leesburg metro area's population grew from 20,467 in 2010 to 21,524 in 2014, a growth rate of 5.16%.The Relationship Between Real Estate and Self Storage in Leesburg, FL
One way to get an idea of the demand for housing and storage space in Leesburg is to look at housing occupancy and vacancy rates. If there's low vacancy rates in Leesburg housing, there's likely low vacancy at Leesburg storage facilities. This would allow storage facilities in Leesburg to charge higher prices for their units. Leesburg is estimated to have a 79.9% housing occupancy rate, while the vacancy rate is at 20.1%. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in Leesburg, suggesting that storage unit inventory might also be tighter in Leesburg. With fewer units available, storage facilities in Leesburg may charge higher prices.