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Finding Self Storage in Lincoln, NE: Everything You Need To Know

Just starting your Lincoln self storage search? There are a few things you should know. The pricing and availability of storage units in Lincoln 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. In order to give you a better idea of these factors in Lincoln, we pulled in data from the US Census.

Self Storage and Moving in Lincoln, NE

Many people use storage as part of their move, so if there are many people moving to Lincoln, you might expect storage prices to be higher and unit availability to be lower. A city with a high amount of moving activity should see substantial changes in population, so by looking at population data for Lincoln we can get a better idea of the amount of moving activity. According to the US Census, the Lincoln metro area's population grew from 259,102 in 2010 to 272,996 in 2014, a growth rate of 5.36%.

Real Estate and Self Storage in Lincoln, NE

Housing occupancy and vacancy rates in Lincoln can help us get a better idea of how much demand there is for living and storage space in Lincoln and thus the kind of storage prices and availability we should expect to find. If housing occupancy rates in Lincoln are high, it's probably safe to assume that storage facility occupancy rates in Lincoln are also high, which would push unit prices up. According to US Census estimates, 93.7% of housing units in Lincoln are occupied, while the vacancy rate is at 6.3%. The average occupancy rate in US cities is 89%, so it's likely the case that storage facilities in Lincoln also have higher than average occupancy rates. High occupancy rates in Lincoln will make it more difficult to find a good deal on a storage unit.