Everything You Need to Know About Finding Self Storage in Maple Grove, MN
There are a few things you should know about Maple Grove self storage before you begin your search. Storage unit prices and availability in Maple Grove are determined by many different factors, including real estate, population growth, the wealth of the local population, the current economic climate, and more. The US Census keeps accurate data relating to all of these factors, so we've used their data on Maple Grove to help inform your Maple Grove self storage search.Self Storage and Moving in Maple Grove, MN
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 Maple Grove, prices could be higher and availability lower. A city with a high amount of moving activity should see substantial changes in population, so by looking at population data for Maple Grove we can get a better idea of the amount of moving activity. The US Census tells us that the metro area population of Maple Grove grew from 61,799 in 2010 to 66,945 in 2014, which is a rate of 8.33% growth over four years.The Relationship Between Real Estate and Self Storage in Maple Grove, MN
One way to get an idea of the demand for housing and storage space in Maple Grove is to look at housing occupancy and vacancy rates. High occupancy rates can indicate a lack of housing supply in Maple Grove, which may correlate to a lack of storage unit inventory and thus higher rental rates for self storage in the Maple Grove area. 3.2% of housing units in Maple Grove are vacant according to the US Census, while 96.8% are occupied. That's a lower vacancy rate than the average for cities in the United States, and suggests that storage facility vacancy in Maple Grove may also be lower. Low vacancy allows storage facilities to charge higher rent, so a cheap storage unit could be trickier to find in Maple Grove than in other cities.