Just starting your Leonard self storage search? There are a few things you should know. The pricing and availability of storage units in Leonard will depend on several factors such as the real estate climate, the number of people moving into or throughout the area, housing conditions in the city, and the general wealth and prosperity of the area. Using US Census data, we've pieced together a better picture of those factors as they relate to self storage in Leonard.
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 Leonard, that could affect storage unit pricing and availability. Population changes over time are one way of gauging the amount of moving activity in Leonard. From 2010 to 2014, the Leonard metro area population fell from 1,977 to 1,975, a loss of -0.1% according to the US Census.
Housing unit occupancy can give us an idea of what the demand is like for living and storage space in Leonard. If housing occupancy rates in Leonard are high, it's probably safe to assume that storage facility occupancy rates in Leonard are also high, which would push unit prices up. 12.9% of housing units in Leonard are vacant according to the US Census, while 87.1% are occupied. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in Leonard, suggesting that storage unit inventory might also be tighter in Leonard. With fewer units available, storage facilities in Leonard may charge higher prices.
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