Finding Self Storage in Malabar, FL: Top Tips
Just starting your Malabar self storage search? There are a few things you should know. Storage unit prices and availability in Malabar 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 Malabar to give you a better idea of these factors.Moving and Storage in Malabar, FL
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 Malabar, prices could be higher and availability lower. We can get a good idea of whether or not many people are moving to or from Malabar by looking at the change in population. From 2010 to 2014, the Malabar metro area population grew from 2,757 to 2,864, a growth rate of 3.88% according to the US Census.The Relationship Between Real Estate and Self Storage in Malabar, FL
Housing unit occupancy can give us an idea of what the demand is like for living and storage space in Malabar. If housing occupancy rates in Malabar are high, it's probably safe to assume that storage facility occupancy rates in Malabar are also high, which would push unit prices up. The US Census estimates that housing vacancy rates in Malabar are at 9.3%, while the occupancy rate is at 90.7%. That's a lower vacancy rate than the average for cities in the United States, and suggests that storage facility vacancy in Malabar may also be lower. Low vacancy allows storage facilities to charge higher rent, so a cheap storage unit could be trickier to find in Malabar than in other cities.