Finding Self Storage in New Berlin, WI: Everything You Need To Know
Just starting your New Berlin self storage search? There are a few things you should know. New Berlin 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 Berlin to give you a better idea of these factors.New Berlin, WI Self Storage and Moving
Many people use storage as part of their move, so if there are many people moving to New Berlin, you might expect storage prices to be higher and unit availability to be lower. We can get a good idea of whether or not many people are moving to or from New Berlin by looking at the change in population. The US Census tells us that the metro area population of New Berlin grew from 39,587 in 2010 to 39,842 in 2014, which is a rate of 0.64% growth over four years.The Relationship Between Real Estate and Self Storage in New Berlin, WI
Vacancy and occupancy rates in the New Berlin housing market can help us gauge the demand for living space and thus self-storage space in New Berlin, and may hint at storage availability and pricing. High occupancy rates can indicate a lack of housing supply in New Berlin, which may correlate to a lack of storage unit inventory and thus higher rental rates for self storage in the New Berlin area. The US Census estimates that housing vacancy rates in New Berlin are at 3.2%, while the occupancy rate is at 96.8%. That's a lower vacancy rate than the average for cities in the United States, and suggests that storage facility vacancy in New Berlin may also be lower. Low vacancy allows storage facilities to charge higher rent, so a cheap storage unit could be trickier to find in New Berlin than in other cities.