There are a few things you should know about Payson self storage before you begin your search. Storage unit prices and availability in Payson are determined by many different factors, including real estate, population growth, the wealth of the local population, the current economic climate, and more. We used US Census data on Payson to give you a better idea of these factors.
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 Payson, 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 Payson we can get a better idea of the amount of moving activity. The US Census tells us that the metro area population of Payson declined from 15,314 in 2010 to 15,245 in 2014, a loss of -0.45%.
Vacancy and occupancy rates in the Payson housing market can help us gauge the demand for living space and thus self-storage space in Payson, and may hint at storage availability and pricing. High occupancy rates can indicate a lack of housing supply in Payson, which may correlate to a lack of storage unit inventory and thus higher rental rates for self storage in the Payson area. 23.4% of housing units in Payson are vacant according to the US Census, while 76.6% are occupied. That's a higher rate than average for US cities, suggesting storage unit occupancy in Payson may also be higher. That might make it harder to find cheap storage in Payson.
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