Before beginning your self storage search in Manteno, there are a few things you should know. If you're wondering how much you should expect to pay for self storage in Manteno, 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. Using US Census data, we've pieced together a better picture of those factors as they relate to self storage in Manteno.
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 Manteno, prices could be higher and availability lower. We can get a good idea of whether or not many people are moving to or from Manteno by looking at the change in population. The US Census tells us that the metro area population of Manteno declined from 9,201 in 2010 to 9,026 in 2014, a loss of -1.9%.
Vacancy and occupancy rates in the Manteno housing market can help us gauge the demand for living space and thus self-storage space in Manteno, and may hint at storage availability and pricing. Low rates of vacancy in Manteno housing could indicate that real estate is in short supply. Self storage units in Manteno may then also be in short supply, which means Manteno storage unit prices may be higher. According to US Census estimates, 94.7% of housing units in Manteno are occupied, while the vacancy rate is at 5.3%. The average occupancy rate in US cities is 89%, so it's likely the case that storage facilities in Manteno also have higher than average occupancy rates. High occupancy rates in Manteno will make it more difficult to find a good deal on a storage unit.