Finding Self Storage in Murfreesboro, TN: Everything You Need To Know
Before beginning your self storage search in Murfreesboro, there are a few things you should know. The pricing and availability of storage units in Murfreesboro 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. The US Census keeps accurate data relating to all of these factors, so we've used their data on Murfreesboro to help inform your Murfreesboro self storage search.Moving and Storage in Murfreesboro, TN
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 Murfreesboro, that could affect storage unit pricing and availability. By looking at population changes in Murfreesboro, we should be able to get an idea of how many people are moving to or from the city. The US Census tells us that the metro area population of Murfreesboro grew from 109,528 in 2010 to 120,954 in 2014, which is a rate of 10.43% growth over four years.Real Estate and Self Storage in Murfreesboro, TN
Vacancy and occupancy rates in the Murfreesboro housing market can help us gauge the demand for living space and thus self-storage space in Murfreesboro, and may hint at storage availability and pricing. High occupancy rates can indicate a lack of housing supply in Murfreesboro, which may correlate to a lack of storage unit inventory and thus higher rental rates for self storage in the Murfreesboro area. The US Census estimates that housing vacancy rates in Murfreesboro are at 7.8%, while the occupancy rate is at 92.2%. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in Murfreesboro, suggesting that storage unit inventory might also be tighter in Murfreesboro. With fewer units available, storage facilities in Murfreesboro may charge higher prices.