Finding Self Storage in New London, CT: Top Tips
There are a few things you should know about New London self storage before you begin your search. If you're wondering how much you should expect to pay for self storage in New London, consider the fact that storage prices are closely related to factors like the real estate climate, the economic prospects of the city, and population growth. Using US Census data, we've pieced together a better picture of those factors as they relate to self storage in New London.New London, CT Self Storage and Moving
Many people use storage as part of their move, so if there are many people moving to New London, 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 London by looking at the change in population. The New London metro area saw its population decline from 27,622 persons in 2010 to 27,374 persons in 2014 according to the US Census, a decrease of -0.9%.Self Storage and Real Estate in New London, CT
Vacancy and occupancy rates in the New London housing market can help us gauge the demand for living space and thus self-storage space in New London, and may hint at storage availability and pricing. If housing occupancy rates in New London are high, it's probably safe to assume that storage facility occupancy rates in New London are also high, which would push unit prices up. New London is estimated to have a 87.6% housing occupancy rate, while the vacancy rate is at 12.4%. That's a lower vacancy rate than the average for cities in the United States, and suggests that storage facility vacancy in New London 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 London than in other cities.
There are 7 self storage units in New London, CT in a 15 mile radius to choose from. This means fewer options for you to choose from, so storage prices in New London, CT may be higher than average due to less competition.
Using $1.00/sqft as a national average, the average price for a self storage unit is $2.09. This is 109.06% higher with $1.09 net increase in cost per square foot. You'll be paying more in medium to large cities as storage prices are generally higher in densely populated areas.
Choose from multiple self storage facilities in New London including:
If storage near New London, Connecticut is not close enough to you, you may be interested in the 15 nearby cities including Centerbrook, Colchester, Franklin, Gales Ferry, Griswold, Groton, Jewett City, Ledyard, Mystic, Niantic, North Franklin, Norwich, Old Lyme, Old Saybrook, Pawcatuck.
We also have specialized storage to choose from in New London. If you require a climate controlled unit where temperature and humidity are important, please check out our New London, CT Climate Controlled Storage, page. If you need to store a boat, car, or RV near New London, CT, please visit our New London, CT Car, Boat & RV Storage Storage page.