Finding Self Storage in Miami Beach, FL: Everything You Need To Know
Just starting your Miami Beach self storage search? There are a few things you should know. Miami Beach 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 Miami Beach to give you a better idea of these factors.Self Storage and Moving in Miami Beach, FL
Self storage is commonly used as a secure place to store one's belongings when moving into a new home. If there's a high amount of moving activity in Miami Beach, that could affect storage unit pricing and availability. A city with a high amount of moving activity should see substantial changes in population, so by looking at population data for Miami Beach we can get a better idea of the amount of moving activity. From 2010 to 2014, the Miami Beach metro area population grew from 88,199 to 91,732, a growth rate of 4.01% according to the US Census.Self Storage and Real Estate in Miami Beach, FL
Housing unit occupancy can give us an idea of what the demand is like for living and storage space in Miami Beach. If housing occupancy rates in Miami Beach are high, it's probably safe to assume that storage facility occupancy rates in Miami Beach are also high, which would push unit prices up. Miami Beach is estimated to have a 69.9% housing occupancy rate, while the vacancy rate is at 30.1%. The average occupancy rate in US cities is 89%, so it's likely the case that storage facilities in Miami Beach also have higher than average occupancy rates. High occupancy rates in Miami Beach will make it more difficult to find a good deal on a storage unit.