Tips for Finding Self Storage in Loveland, CO
If you're searching for self storage in Loveland, there are a few things you should keep in mind. The pricing and availability of storage units in Loveland 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. The US Census keeps accurate data relating to all of these factors, so we've used their data on Loveland to help inform your Loveland self storage search.Loveland, CO Moving and Storage
If there are many people moving to or from Loveland, prices could be higher than in other cities. That's because self storage if often used as part of a home move. We can get a good idea of whether or not many people are moving to or from Loveland by looking at the change in population. According to the US Census, the Loveland metro area's population grew from 66,997 in 2010 to 72,651 in 2014, a growth rate of 8.44%.The Relationship Between Real Estate and Self Storage in Loveland, CO
Housing occupancy and vacancy rates in Loveland can help us get a better idea of how much demand there is for living and storage space in Loveland and thus the kind of storage prices and availability we should expect to find. Low rates of vacancy in Loveland housing could indicate that real estate is in short supply. Self storage units in Loveland may then also be in short supply, which means Loveland storage unit prices may be higher. 4.9% of housing units in Loveland are vacant according to the US Census, while 95.1% are occupied. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in Loveland, suggesting that storage unit inventory might also be tighter in Loveland. With fewer units available, storage facilities in Loveland may charge higher prices.