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Everything You Need to Know About Finding Self Storage in Lenoir, NC

Just starting your Lenoir self storage search? There are a few things you should know. Lenoir 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. The US Census keeps accurate data relating to all of these factors, so we've used their data on Lenoir to help inform your Lenoir self storage search.

Lenoir, NC Self Storage and Moving

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 Lenoir, that could affect storage unit pricing and availability. By looking at population changes in Lenoir, 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 Lenoir declined from 18,229 in 2010 to 17,920 in 2014, a loss of -1.7%.

Real Estate and Self Storage in Lenoir, NC

Housing occupancy and vacancy rates in Lenoir can help us get a better idea of how much demand there is for living and storage space in Lenoir and thus the kind of storage prices and availability we should expect to find. Low rates of vacancy in Lenoir housing could indicate that real estate is in short supply. Self storage units in Lenoir may then also be in short supply, which means Lenoir storage unit prices may be higher. Lenoir is estimated to have a 88.6% housing occupancy rate, while the vacancy rate is at 11.4%. That's a lower vacancy rate than the average for cities in the United States, and suggests that storage facility vacancy in Lenoir may also be lower. Low vacancy allows storage facilities to charge higher rent, so a cheap storage unit could be trickier to find in Lenoir than in other cities.