There are a few things you should know about Opelika self storage before you begin your search. The pricing and availability of storage units in Opelika will depend on several factors such as the real estate climate, the number of people moving into or throughout the area, housing conditions in the city, and the general wealth and prosperity of the area. We used US Census data on Opelika to give you a better idea of these factors.
One of the primary uses of self storage is as a safe place to keep your things between moving homes. If many people are moving to or from Opelika, prices could be higher and availability lower. We can get a good idea of whether or not many people are moving to or from Opelika by looking at the change in population. The Opelika metro area grew from 26,475 persons in 2010 to 29,171 persons in 2014 according to the US Census, an increase of 10.18%.
Vacancy and occupancy rates in the Opelika housing market can help us gauge the demand for living space and thus self-storage space in Opelika, and may hint at storage availability and pricing. If housing occupancy rates in Opelika are high, it's probably safe to assume that storage facility occupancy rates in Opelika are also high, which would push unit prices up. Opelika is estimated to have a 89.5% housing occupancy rate, while the vacancy rate is at 10.5%. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in Opelika, suggesting that storage unit inventory might also be tighter in Opelika. With fewer units available, storage facilities in Opelika may charge higher prices.
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