Finding Self Storage in Parker, CO: Top Tips
Just starting your Parker self storage search? There are a few things you should know. The pricing and availability of storage units in Parker 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. Using US Census data, we've pieced together a better picture of those factors as they relate to self storage in Parker.Parker, CO Self Storage and Moving
If there are many people moving to or from Parker, prices could be higher than in other cities. That's because self storage if often used as part of a home move. We can get a good idea of whether or not many people are moving to or from Parker by looking at the change in population. The Parker metro area grew from 45,475 persons in 2010 to 49,857 persons in 2014 according to the US Census, an increase of 9.64%.Real Estate and Self Storage in Parker, CO
Vacancy and occupancy rates in the Parker housing market can help us gauge the demand for living space and thus self-storage space in Parker, and may hint at storage availability and pricing. High occupancy rates can indicate a lack of housing supply in Parker, which may correlate to a lack of storage unit inventory and thus higher rental rates for self storage in the Parker area. The US Census estimates that housing vacancy rates in Parker are at 3.7%, while the occupancy rate is at 96.3%. The average occupancy rate in US cities is 89%, so it's likely the case that storage facilities in Parker also have higher than average occupancy rates. High occupancy rates in Parker will make it more difficult to find a good deal on a storage unit.