Tips for Finding Self Storage in Melbourne, FL
There are a few things you should know about Melbourne self storage before you begin your search. Melbourne storage unit prices and availability are closely related to things like real estate prices, the type of housing available in the area, the city's wealth, and whether or not many people are moving to the area. The US Census keeps accurate data relating to all of these factors, so we've used their data on Melbourne to help inform your Melbourne self storage search.Self Storage and Moving in Melbourne, FL
If there are many people moving to or from Melbourne, prices could be higher than in other cities. That's because self storage if often used as part of a home move. Population changes over time are one way of gauging the amount of moving activity in Melbourne. According to the US Census, the Melbourne metro area's population grew from 76,361 in 2010 to 78,490 in 2014, a growth rate of 2.79%.Real Estate and Self Storage in Melbourne, FL
Housing occupancy and vacancy rates in Melbourne can help us get a better idea of how much demand there is for living and storage space in Melbourne and thus the kind of storage prices and availability we should expect to find. Low rates of vacancy in Melbourne housing could indicate that real estate is in short supply. Self storage units in Melbourne may then also be in short supply, which means Melbourne storage unit prices may be higher. The US Census estimates that housing vacancy rates in Melbourne are at 12.6%, while the occupancy rate is at 87.4%. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in Melbourne, suggesting that storage unit inventory might also be tighter in Melbourne. With fewer units available, storage facilities in Melbourne may charge higher prices.