Finding Self Storage in Myrtle Beach, SC: Everything You Need To Know
There are a few things you should know about Myrtle Beach self storage before you begin your search. Myrtle Beach storage unit prices and availability are closely related to things like real estate prices, the type of housing available in the area, the city's wealth, and whether or not many people are moving to the area. In order to give you a better idea of these factors in Myrtle Beach, we pulled in data from the US Census.Self Storage and Moving in Myrtle Beach, SC
Many people use storage as part of their move, so if there are many people moving to Myrtle Beach, you might expect storage prices to be higher and unit availability to be lower. A city with a high amount of moving activity should see substantial changes in population, so by looking at population data for Myrtle Beach we can get a better idea of the amount of moving activity. From 2010 to 2014, the Myrtle Beach metro area population grew from 27,212 to 29,992, a growth rate of 10.22% according to the US Census.The Relationship Between Real Estate and Self Storage in Myrtle Beach, SC
One way to get an idea of the demand for housing and storage space in Myrtle Beach is to look at housing occupancy and vacancy rates. High occupancy rates can indicate a lack of housing supply in Myrtle Beach, which may correlate to a lack of storage unit inventory and thus higher rental rates for self storage in the Myrtle Beach area. 47.9% of housing units in Myrtle Beach are vacant according to the US Census, while 52.1% are occupied. That's a higher rate than average for US cities, suggesting storage unit occupancy in Myrtle Beach may also be higher. That might make it harder to find cheap storage in Myrtle Beach.