Finding Self Storage in Orem, UT: Top Tips
Just starting your Orem self storage search? There are a few things you should know. The pricing and availability of storage units in Orem 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 Orem to give you a better idea of these factors.Orem, UT Moving and Storage
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 Orem, prices could be higher and availability lower. By looking at population changes in Orem, we should be able to get an idea of how many people are moving to or from the city. According to the US Census, the Orem metro area's population grew from 88,668 in 2010 to 91,781 in 2014, a growth rate of 3.51%.The Relationship Between Real Estate and Self Storage in Orem, UT
Housing occupancy and vacancy rates in Orem can help us get a better idea of how much demand there is for living and storage space in Orem and thus the kind of storage prices and availability we should expect to find. Low rates of vacancy in Orem housing could indicate that real estate is in short supply. Self storage units in Orem may then also be in short supply, which means Orem storage unit prices may be higher. The US Census estimates that housing vacancy rates in Orem are at 4.3%, while the occupancy rate is at 95.7%. That's a higher rate than average for US cities, suggesting storage unit occupancy in Orem may also be higher. That might make it harder to find cheap storage in Orem.