Everything You Need to Know About Finding Self Storage in Novi, MI
There are a few things you should know about Novi self storage before you begin your search. Novi 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 Novi, we pulled in data from the US Census.Novi, MI Self Storage and Moving
If there are many people moving to or from Novi, prices could be higher than in other cities. That's because self storage if often used as part of a home move. A city with a high amount of moving activity should see substantial changes in population, so by looking at population data for Novi we can get a better idea of the amount of moving activity. The US Census tells us that the metro area population of Novi grew from 55,260 in 2010 to 58,416 in 2014, which is a rate of 5.71% growth over four years.Real Estate and Self Storage in Novi, MI
Housing unit occupancy can give us an idea of what the demand is like for living and storage space in Novi. Low rates of vacancy in Novi housing could indicate that real estate is in short supply. Self storage units in Novi may then also be in short supply, which means Novi storage unit prices may be higher. Novi is estimated to have a 91.9% housing occupancy rate, while the vacancy rate is at 8.1%. That's a higher rate than average for US cities, suggesting storage unit occupancy in Novi may also be higher. That might make it harder to find cheap storage in Novi.