Tips for Finding Self Storage in Murrieta, CA
There are a few things you should know about Murrieta self storage before you begin your search. Storage unit prices and availability in Murrieta are determined by many different factors, including real estate, population growth, the wealth of the local population, the current economic climate, and more. In order to give you a better idea of these factors in Murrieta, we pulled in data from the US Census.Murrieta, CA Self Storage and Moving
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 Murrieta, prices could be higher and availability lower. By looking at population changes in Murrieta, we should be able to get an idea of how many people are moving to or from the city. From 2010 to 2014, the Murrieta metro area population grew from 103,976 to 108,368, a growth rate of 4.22% according to the US Census.The Relationship Between Real Estate and Self Storage in Murrieta, CA
One way to get an idea of the demand for housing and storage space in Murrieta is to look at housing occupancy and vacancy rates. If there's low vacancy rates in Murrieta housing, there's likely low vacancy at Murrieta storage facilities. This would allow storage facilities in Murrieta to charge higher prices for their units. 7.2% of housing units in Murrieta are vacant according to the US Census, while 92.8% are occupied. The average occupancy rate in US cities is 89%, so it's likely the case that storage facilities in Murrieta also have higher than average occupancy rates. High occupancy rates in Murrieta will make it more difficult to find a good deal on a storage unit.