Finding Self Storage in Pharr, TX: Everything You Need To Know
There are a few things you should know about Pharr self storage before you begin your search. The pricing and availability of storage units in Pharr 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. In order to give you a better idea of these factors in Pharr, we pulled in data from the US Census.Moving and Storage in Pharr, TX
Many people use storage as part of their move, so if there are many people moving to Pharr, you might expect storage prices to be higher and unit availability to be lower. By looking at population changes in Pharr, we should be able to get an idea of how many people are moving to or from the city. The Pharr metro area grew from 70,789 persons in 2010 to 75,382 persons in 2014 according to the US Census, an increase of 6.49%.The Relationship Between Real Estate and Self Storage in Pharr, TX
One way to get an idea of the demand for housing and storage space in Pharr is to look at housing occupancy and vacancy rates. If there's low vacancy rates in Pharr housing, there's likely low vacancy at Pharr storage facilities. This would allow storage facilities in Pharr to charge higher prices for their units. The US Census estimates that housing vacancy rates in Pharr are at 13.6%, while the occupancy rate is at 86.4%. The average occupancy rate in US cities is 89%, so it's likely the case that storage facilities in Pharr also have higher than average occupancy rates. High occupancy rates in Pharr will make it more difficult to find a good deal on a storage unit.