Everything You Need to Know About Finding Self Storage in Oberlin, OH
Just starting your Oberlin self storage search? There are a few things you should know. Oberlin 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. Using US Census data, we've pieced together a better picture of those factors as they relate to self storage in Oberlin.Moving and Storage in Oberlin, OH
Many people use storage as part of their move, so if there are many people moving to Oberlin, you might expect storage prices to be higher and unit availability to be lower. Population changes over time are one way of gauging the amount of moving activity in Oberlin. US Census data tells us that the Oberlin metro area's population shrank from 8,396 in 2010 to 8,251 in 2014, a decline of -1.73%.Real Estate and Self Storage in Oberlin, OH
One way to get an idea of the demand for housing and storage space in Oberlin is to look at housing occupancy and vacancy rates. High occupancy rates can indicate a lack of housing supply in Oberlin, which may correlate to a lack of storage unit inventory and thus higher rental rates for self storage in the Oberlin area. According to US Census estimates, 91.5% of housing units in Oberlin are occupied, while the vacancy rate is at 8.5%. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in Oberlin, suggesting that storage unit inventory might also be tighter in Oberlin. With fewer units available, storage facilities in Oberlin may charge higher prices.