Everything You Need to Know About Finding Self Storage in New Bedford, MA
Just starting your New Bedford self storage search? There are a few things you should know. Storage unit prices and availability in New Bedford are determined by many different factors, including real estate, population growth, the wealth of the local population, the current economic climate, and more. We used US Census data on New Bedford to give you a better idea of these factors.New Bedford, MA Self Storage and Moving
Many people use storage as part of their move, so if there are many people moving to New Bedford, you might expect storage prices to be higher and unit availability to be lower. By looking at population changes in New Bedford, we should be able to get an idea of how many people are moving to or from the city. From 2010 to 2014, the New Bedford metro area population fell from 95,024 to 94,845, a loss of -0.19% according to the US Census.Real Estate and Self Storage in New Bedford, MA
Vacancy and occupancy rates in the New Bedford housing market can help us gauge the demand for living space and thus self-storage space in New Bedford, and may hint at storage availability and pricing. If there's low vacancy rates in New Bedford housing, there's likely low vacancy at New Bedford storage facilities. This would allow storage facilities in New Bedford to charge higher prices for their units. According to US Census estimates, 90.3% of housing units in New Bedford are occupied, while the vacancy rate is at 9.7%. That's a higher rate than average for US cities, suggesting storage unit occupancy in New Bedford may also be higher. That might make it harder to find cheap storage in New Bedford.