Finding Self Storage in Phenix City, AL: Everything You Need To Know
If you're searching for self storage in Phenix City, there are a few things you should keep in mind. Phenix City 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. The US Census keeps accurate data relating to all of these factors, so we've used their data on Phenix City to help inform your Phenix City self storage search.Phenix City, AL Moving and Storage
If there are many people moving to or from Phenix City, prices could be higher than in other cities. That's because self storage if often used as part of a home move. A city with a high amount of moving activity should see substantial changes in population, so by looking at population data for Phenix City we can get a better idea of the amount of moving activity. According to the US Census, the Phenix City metro area's population grew from 33,173 in 2010 to 37,540 in 2014, a growth rate of 13.16%.Self Storage and Real Estate in Phenix City, AL
Vacancy and occupancy rates in the Phenix City housing market can help us gauge the demand for living space and thus self-storage space in Phenix City, and may hint at storage availability and pricing. Low rates of vacancy in Phenix City housing could indicate that real estate is in short supply. Self storage units in Phenix City may then also be in short supply, which means Phenix City storage unit prices may be higher. The US Census estimates that housing vacancy rates in Phenix City are at 12.9%, while the occupancy rate is at 87.1%. That's a lower vacancy rate than the average for cities in the United States, and suggests that storage facility vacancy in Phenix City may also be lower. Low vacancy allows storage facilities to charge higher rent, so a cheap storage unit could be trickier to find in Phenix City than in other cities.