Tips for Finding Self Storage in Monroe, NY
Just starting your Monroe self storage search? There are a few things you should know. 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. The US Census keeps accurate data relating to all of these factors, so we've used their data on Monroe to help inform your Monroe self storage search.Monroe, NY Moving and Storage
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 Monroe, prices could be higher and availability 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. From 2010 to 2014, the Monroe metro area population grew from 8,394 to 8,562, a growth rate of 2% according to the US Census.The Real Estate Climate and Self Storage in Monroe, NY
Vacancy and occupancy rates in the Monroe housing market can help us gauge the demand for living space and thus self-storage space in Monroe, and may hint at storage availability and pricing. If housing occupancy rates in Monroe are high, it's probably safe to assume that storage facility occupancy rates in Monroe are also high, which would push unit prices up. 3.6% of housing units in Monroe are vacant according to the US Census, while 96.4% are occupied. The average occupancy rate in US cities is 89%, so it's likely the case that storage facilities in Monroe also have higher than average occupancy rates. High occupancy rates in Monroe will make it more difficult to find a good deal on a storage unit.