Tips for Finding Self Storage in Pendleton, OR
Before beginning your self storage search in Pendleton, there are a few things you should know. If you're wondering how much you should expect to pay for self storage in Pendleton, 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 Pendleton.Pendleton, OR Moving and Storage
If there are many people moving to or from Pendleton, prices could be higher than in other cities. That's because self storage if often used as part of a home move. Population changes over time are one way of gauging the amount of moving activity in Pendleton. The US Census tells us that the metro area population of Pendleton grew from 16,646 in 2010 to 16,904 in 2014, which is a rate of 1.55% growth over four years.Real Estate and Self Storage in Pendleton, OR
Housing unit occupancy can give us an idea of what the demand is like for living and storage space in Pendleton. High occupancy rates can indicate a lack of housing supply in Pendleton, which may correlate to a lack of storage unit inventory and thus higher rental rates for self storage in the Pendleton area. According to US Census estimates, 91.5% of housing units in Pendleton are occupied, while the vacancy rate is at 8.5%. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in Pendleton, suggesting that storage unit inventory might also be tighter in Pendleton. With fewer units available, storage facilities in Pendleton may charge higher prices.