Finding Self Storage in Niagara Falls, NY: Everything You Need To Know
There are a few things you should know about Niagara Falls self storage before you begin your search. Niagara Falls 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 Niagara Falls to give you a better idea of these factors.Niagara Falls, NY Self Storage and Moving
If there are many people moving to or from Niagara Falls, prices could be higher than in other cities. That's because self storage if often used as part of a home move. We can get a good idea of whether or not many people are moving to or from Niagara Falls by looking at the change in population. US Census data tells us that the Niagara Falls metro area's population shrank from 50,148 in 2010 to 49,219 in 2014, a decline of -1.85%.The Real Estate Climate and Self Storage in Niagara Falls, NY
Vacancy and occupancy rates in the Niagara Falls housing market can help us gauge the demand for living space and thus self-storage space in Niagara Falls, and may hint at storage availability and pricing. If housing occupancy rates in Niagara Falls are high, it's probably safe to assume that storage facility occupancy rates in Niagara Falls are also high, which would push unit prices up. The US Census estimates that housing vacancy rates in Niagara Falls are at 13.8%, while the occupancy rate is at 86.2%. That's a higher rate than average for US cities, suggesting storage unit occupancy in Niagara Falls may also be higher. That might make it harder to find cheap storage in Niagara Falls.