Tips for Finding Self Storage in Peoria, AZ
Just starting your Peoria self storage search? There are a few things you should know. Peoria storage unit prices and availability are closely related to things like real estate prices, the type of housing available in the area, the city's wealth, and whether or not many people are moving to the area. We used US Census data on Peoria to give you a better idea of these factors.Peoria, 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 Peoria, 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 Peoria we can get a better idea of the amount of moving activity. The Peoria metro area grew from 154,408 persons in 2010 to 166,934 persons in 2014 according to the US Census, an increase of 8.11%.The Real Estate Climate and Self Storage in Peoria, AZ
One way to get an idea of the demand for housing and storage space in Peoria is to look at housing occupancy and vacancy rates. If there's low vacancy rates in Peoria housing, there's likely low vacancy at Peoria storage facilities. This would allow storage facilities in Peoria to charge higher prices for their units. The US Census estimates that housing vacancy rates in Peoria are at 11.4%, while the occupancy rate is at 88.6%. That's a lower vacancy rate than the average for cities in the United States, and suggests that storage facility vacancy in Peoria may also be lower. Low vacancy allows storage facilities to charge higher rent, so a cheap storage unit could be trickier to find in Peoria than in other cities.