Everything You Need to Know About Finding Self Storage in Londonderry, NH
Before beginning your self storage search in Londonderry, there are a few things you should know. The pricing and availability of storage units in Londonderry 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 Londonderry.Londonderry, NH Moving and Storage
Many people use storage as part of their move, so if there are many people moving to Londonderry, 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 Londonderry. The Londonderry metro area grew from 24,133 persons in 2010 to 24,403 persons in 2014 according to the US Census, an increase of 1.12%.The Relationship Between Real Estate and Self Storage in Londonderry, NH
Vacancy and occupancy rates in the Londonderry housing market can help us gauge the demand for living space and thus self-storage space in Londonderry, and may hint at storage availability and pricing. If there's low vacancy rates in Londonderry housing, there's likely low vacancy at Londonderry storage facilities. This would allow storage facilities in Londonderry to charge higher prices for their units. The US Census estimates that housing vacancy rates in Londonderry are at 3.6%, while the occupancy rate is at 96.4%. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in Londonderry, suggesting that storage unit inventory might also be tighter in Londonderry. With fewer units available, storage facilities in Londonderry may charge higher prices.