Finding Self Storage in Newnan, GA: Everything You Need To Know
If you're searching for self storage in Newnan, there are a few things you should keep in mind. Newnan 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 Newnan, we pulled in data from the US Census.Self Storage and Moving in Newnan, GA
If there are many people moving to or from Newnan, prices could be higher than in other cities. That's because self storage if often used as part of a home move. By looking at population changes in Newnan, we should be able to get an idea of how many people are moving to or from the city. From 2010 to 2014, the Newnan metro area population grew from 33,356 to 36,203, a growth rate of 8.54% according to the US Census.The Real Estate Climate and Self Storage in Newnan, GA
Vacancy and occupancy rates in the Newnan housing market can help us gauge the demand for living space and thus self-storage space in Newnan, and may hint at storage availability and pricing. If housing occupancy rates in Newnan are high, it's probably safe to assume that storage facility occupancy rates in Newnan are also high, which would push unit prices up. The US Census estimates that housing vacancy rates in Newnan are at 10.3%, while the occupancy rate is at 89.7%. That's a higher rate than average for US cities, suggesting storage unit occupancy in Newnan may also be higher. That might make it harder to find cheap storage in Newnan.