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Finding Self Storage in Monroe, LA: Top Tips

There are a few things you should know about Monroe self storage before you begin your search. Storage unit prices and availability in Monroe are determined by many different factors, including real estate, population growth, the wealth of the local population, the current economic climate, and more. We used US Census data on Monroe to give you a better idea of these factors.

Monroe, LA Moving and Storage

Many people use storage as part of their move, so if there are many people moving to Monroe, you might expect storage prices to be higher and unit availability to be lower. By looking at population changes in Monroe, we should be able to get an idea of how many people are moving to or from the city. According to the US Census, the Monroe metro area's population grew from 49,197 in 2010 to 49,601 in 2014, a growth rate of 0.82%.

Real Estate and Self Storage in Monroe, LA

Housing unit occupancy can give us an idea of what the demand is like for living and storage space in Monroe. Low rates of vacancy in Monroe housing could indicate that real estate is in short supply. Self storage units in Monroe may then also be in short supply, which means Monroe storage unit prices may be higher. Monroe is estimated to have a 89.7% housing occupancy rate, while the vacancy rate is at 10.3%. That's a higher rate than average for US cities, suggesting storage unit occupancy in Monroe may also be higher. That might make it harder to find cheap storage in Monroe.