Everything You Need to Know About Finding Self Storage in Paradise Valley, AZ
Before beginning your self storage search in Paradise Valley, there are a few things you should know. If you're wondering how much you should expect to pay for self storage in Paradise Valley, 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. We used US Census data on Paradise Valley to give you a better idea of these factors.Paradise Valley, AZ Self Storage and Moving
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 Paradise Valley, that could affect storage unit pricing and availability. By looking at population changes in Paradise Valley, we should be able to get an idea of how many people are moving to or from the city. The Paradise Valley metro area grew from 12,805 persons in 2010 to 13,663 persons in 2014 according to the US Census, an increase of 6.7%.The Relationship Between Real Estate and Self Storage in Paradise Valley, AZ
Housing unit occupancy can give us an idea of what the demand is like for living and storage space in Paradise Valley. If there's low vacancy rates in Paradise Valley housing, there's likely low vacancy at Paradise Valley storage facilities. This would allow storage facilities in Paradise Valley to charge higher prices for their units. Paradise Valley is estimated to have a 86.1% housing occupancy rate, while the vacancy rate is at 13.9%. The average occupancy rate in US cities is 89%, so it's likely the case that storage facilities in Paradise Valley also have higher than average occupancy rates. High occupancy rates in Paradise Valley will make it more difficult to find a good deal on a storage unit.
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