Everything You Need to Know About Finding Self Storage in Philomath, OR
Before beginning your self storage search in Philomath, there are a few things you should know. Storage unit prices and availability in Philomath are determined by many different factors, including real estate, population growth, the wealth of the local population, the current economic climate, and more. The US Census keeps accurate data relating to all of these factors, so we've used their data on Philomath to help inform your Philomath self storage search.Moving and Storage in Philomath, OR
One of the primary uses of self storage is as a safe place to keep your things between moving homes. If many people are moving to or from Philomath, prices could be higher and availability lower. We can get a good idea of whether or not many people are moving to or from Philomath by looking at the change in population. From 2010 to 2014, the Philomath metro area population fell from 4,583 to 4,563, a loss of -0.44% according to the US Census.Self Storage and Real Estate in Philomath, OR
One way to get an idea of the demand for housing and storage space in Philomath is to look at housing occupancy and vacancy rates. High occupancy rates can indicate a lack of housing supply in Philomath, which may correlate to a lack of storage unit inventory and thus higher rental rates for self storage in the Philomath area. According to US Census estimates, 94.3% of housing units in Philomath are occupied, while the vacancy rate is at 5.7%. That's a lower vacancy rate than the average for cities in the United States, and suggests that storage facility vacancy in Philomath may also be lower. Low vacancy allows storage facilities to charge higher rent, so a cheap storage unit could be trickier to find in Philomath than in other cities.