Tips for Finding Self Storage in Melvindale, MI
Just starting your Melvindale self storage search? There are a few things you should know. Melvindale 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. We used US Census data on Melvindale to give you a better idea of these factors.Melvindale, MI Self Storage and Moving
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 Melvindale, prices could be higher and availability lower. By looking at population changes in Melvindale, we should be able to get an idea of how many people are moving to or from the city. From 2010 to 2014, the Melvindale metro area population fell from 10,691 to 10,441, a loss of -2.34% according to the US Census.Real Estate and Self Storage in Melvindale, MI
One way to get an idea of the demand for housing and storage space in Melvindale is to look at housing occupancy and vacancy rates. Low rates of vacancy in Melvindale housing could indicate that real estate is in short supply. Self storage units in Melvindale may then also be in short supply, which means Melvindale storage unit prices may be higher. The US Census estimates that housing vacancy rates in Melvindale are at 10.1%, while the occupancy rate is at 89.9%. That's a lower vacancy rate than the average for cities in the United States, and suggests that storage facility vacancy in Melvindale may also be lower. Low vacancy allows storage facilities to charge higher rent, so a cheap storage unit could be trickier to find in Melvindale than in other cities.