Everything You Need to Know About Finding Self Storage in Palmdale, CA
There are a few things you should know about Palmdale self storage before you begin your search. If you're wondering how much you should expect to pay for self storage in Palmdale, consider the fact that storage prices are closely related to factors like the real estate climate, the economic prospects of the city, and population growth. Using US Census data, we've pieced together a better picture of those factors as they relate to self storage in Palmdale.Self Storage and Moving in Palmdale, CA
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 Palmdale, 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 Palmdale we can get a better idea of the amount of moving activity. The Palmdale metro area grew from 153,057 persons in 2010 to 158,279 persons in 2014 according to the US Census, an increase of 3.41%.The Relationship Between Real Estate and Self Storage in Palmdale, CA
One way to get an idea of the demand for housing and storage space in Palmdale is to look at housing occupancy and vacancy rates. High occupancy rates can indicate a lack of housing supply in Palmdale, which may correlate to a lack of storage unit inventory and thus higher rental rates for self storage in the Palmdale area. Palmdale is estimated to have a 92.3% housing occupancy rate, while the vacancy rate is at 7.7%. That's a lower vacancy rate than the average for cities in the United States, and suggests that storage facility vacancy in Palmdale may also be lower. Low vacancy allows storage facilities to charge higher rent, so a cheap storage unit could be trickier to find in Palmdale than in other cities.