Tips for Finding Self Storage in Montgomery, NY
There are a few things you should know about Montgomery self storage before you begin your search. The pricing and availability of storage units in Montgomery will depend on several factors such as the real estate climate, the number of people moving into or throughout the area, housing conditions in the city, and the general wealth and prosperity of the area. Using US Census data, we've pieced together a better picture of those factors as they relate to self storage in Montgomery.Montgomery, NY Moving and Storage
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 Montgomery, that could affect storage unit pricing and availability. We can get a good idea of whether or not many people are moving to or from Montgomery by looking at the change in population. The US Census tells us that the metro area population of Montgomery grew from 3,836 in 2010 to 4,617 in 2014, which is a rate of 20.36% growth over four years.The Relationship Between Real Estate and Self Storage in Montgomery, NY
Housing unit occupancy can give us an idea of what the demand is like for living and storage space in Montgomery. High occupancy rates can indicate a lack of housing supply in Montgomery, which may correlate to a lack of storage unit inventory and thus higher rental rates for self storage in the Montgomery area. According to US Census estimates, 96.9% of housing units in Montgomery are occupied, while the vacancy rate is at 3.1%. The average occupancy rate in US cities is 89%, so it's likely the case that storage facilities in Montgomery also have higher than average occupancy rates. High occupancy rates in Montgomery will make it more difficult to find a good deal on a storage unit.