Just starting your Los Lunas self storage search? There are a few things you should know. If you're wondering how much you should expect to pay for self storage in Los Lunas, consider the fact that storage prices are closely related to factors like the real estate climate, the economic prospects of the city, and population growth. The US Census keeps accurate data relating to all of these factors, so we've used their data on Los Lunas to help inform your Los Lunas self storage search.
One of the primary uses of self storage is as a safe place to keep your things between moving homes. If many people are moving to or from Los Lunas, prices could be higher and availability lower. By looking at population changes in Los Lunas, we should be able to get an idea of how many people are moving to or from the city. According to the US Census, the Los Lunas metro area's population grew from 15,028 in 2010 to 15,206 in 2014, a growth rate of 1.18%.
One way to get an idea of the demand for housing and storage space in Los Lunas is to look at housing occupancy and vacancy rates. If there's low vacancy rates in Los Lunas housing, there's likely low vacancy at Los Lunas storage facilities. This would allow storage facilities in Los Lunas to charge higher prices for their units. 7.7% of housing units in Los Lunas are vacant according to the US Census, while 92.3% are occupied. That's a lower vacancy rate than the average for cities in the United States, and suggests that storage facility vacancy in Los Lunas may also be lower. Low vacancy allows storage facilities to charge higher rent, so a cheap storage unit could be trickier to find in Los Lunas than in other cities.
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