Finding Self Storage in Los Gatos, CA: Everything You Need To Know
If you're searching for self storage in Los Gatos, there are a few things you should keep in mind. Storage unit prices and availability in Los Gatos are determined by many different factors, including real estate, population growth, the wealth of the local population, the current economic climate, and more. We used US Census data on Los Gatos to give you a better idea of these factors.Los Gatos, CA Moving and Storage
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 Los Gatos, that could affect storage unit pricing and availability. Population changes over time are one way of gauging the amount of moving activity in Los Gatos. According to the US Census, the Los Gatos metro area's population grew from 29,528 in 2010 to 30,735 in 2014, a growth rate of 4.09%.Self Storage and Real Estate in Los Gatos, CA
Housing unit occupancy can give us an idea of what the demand is like for living and storage space in Los Gatos. Low rates of vacancy in Los Gatos housing could indicate that real estate is in short supply. Self storage units in Los Gatos may then also be in short supply, which means Los Gatos storage unit prices may be higher. The US Census estimates that housing vacancy rates in Los Gatos are at 5.3%, while the occupancy rate is at 94.7%. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in Los Gatos, suggesting that storage unit inventory might also be tighter in Los Gatos. With fewer units available, storage facilities in Los Gatos may charge higher prices.