Everything You Need to Know About Finding Self Storage in New Baltimore, MI
Just starting your New Baltimore self storage search? There are a few things you should know. New Baltimore 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. We used US Census data on New Baltimore to give you a better idea of these factors.Self Storage and Moving in New Baltimore, MI
If there are many people moving to or from New Baltimore, prices could be higher than in other cities. That's because self storage if often used as part of a home move. Population changes over time are one way of gauging the amount of moving activity in New Baltimore. The US Census tells us that the metro area population of New Baltimore grew from 12,080 in 2010 to 12,269 in 2014, which is a rate of 1.56% growth over four years.Real Estate and Self Storage in New Baltimore, MI
Vacancy and occupancy rates in the New Baltimore housing market can help us gauge the demand for living space and thus self-storage space in New Baltimore, and may hint at storage availability and pricing. High occupancy rates can indicate a lack of housing supply in New Baltimore, which may correlate to a lack of storage unit inventory and thus higher rental rates for self storage in the New Baltimore area. New Baltimore is estimated to have a 93.5% housing occupancy rate, while the vacancy rate is at 6.5%. The average occupancy rate in US cities is 89%, so it's likely the case that storage facilities in New Baltimore also have higher than average occupancy rates. High occupancy rates in New Baltimore will make it more difficult to find a good deal on a storage unit.