Tips for Finding Self Storage in Lehi, UT
Before beginning your self storage search in Lehi, there are a few things you should know. Lehi 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. We used US Census data on Lehi to give you a better idea of these factors.Lehi, UT Self Storage and Moving
Many people use storage as part of their move, so if there are many people moving to Lehi, you might expect storage prices to be higher and unit availability to be lower. Population changes over time are one way of gauging the amount of moving activity in Lehi. The Lehi metro area grew from 48,111 persons in 2010 to 56,275 persons in 2014 according to the US Census, an increase of 16.97%.The Real Estate Climate and Self Storage in Lehi, UT
Housing unit occupancy can give us an idea of what the demand is like for living and storage space in Lehi. If there's low vacancy rates in Lehi housing, there's likely low vacancy at Lehi storage facilities. This would allow storage facilities in Lehi to charge higher prices for their units. Lehi is estimated to have a 94.9% housing occupancy rate, while the vacancy rate is at 5.1%. That's a lower vacancy rate than the average for cities in the United States, and suggests that storage facility vacancy in Lehi may also be lower. Low vacancy allows storage facilities to charge higher rent, so a cheap storage unit could be trickier to find in Lehi than in other cities.