Finding Self Storage in Odessa, TX: Top Tips
Before beginning your self storage search in Odessa, there are a few things you should know. Odessa 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 Odessa.Odessa, TX Moving and Storage
Self storage is commonly used as a secure place to store one's belongings when moving into a new home. If there's a high amount of moving activity in Odessa, that could affect storage unit pricing and availability. A city with a high amount of moving activity should see substantial changes in population, so by looking at population data for Odessa we can get a better idea of the amount of moving activity. According to the US Census, the Odessa metro area's population grew from 99,879 in 2010 to 114,597 in 2014, a growth rate of 14.74%.The Real Estate Climate and Self Storage in Odessa, TX
Vacancy and occupancy rates in the Odessa housing market can help us gauge the demand for living space and thus self-storage space in Odessa, and may hint at storage availability and pricing. Low rates of vacancy in Odessa housing could indicate that real estate is in short supply. Self storage units in Odessa may then also be in short supply, which means Odessa storage unit prices may be higher. 8% of housing units in Odessa are vacant according to the US Census, while 92% are occupied. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in Odessa, suggesting that storage unit inventory might also be tighter in Odessa. With fewer units available, storage facilities in Odessa may charge higher prices.