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Tips for Finding Self Storage in Plano, IL

Just starting your Plano self storage search? There are a few things you should know. If you're wondering how much you should expect to pay for self storage in Plano, 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 Plano.

Self Storage and Moving in Plano, IL

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 Plano, that could affect storage unit pricing and availability. We can get a good idea of whether or not many people are moving to or from Plano by looking at the change in population. According to the US Census, the Plano metro area's population grew from 10,891 in 2010 to 11,175 in 2014, a growth rate of 2.61%.

The Relationship Between Real Estate and Self Storage in Plano, IL.

Housing unit occupancy can give us an idea of what the demand is like for living and storage space in Plano. If there's low vacancy rates in Plano housing, there's likely low vacancy at Plano storage facilities. This would allow storage facilities in Plano to charge higher prices for their units. 8.7% of housing units in Plano are vacant according to the US Census, while 91.3% are occupied. That's a higher rate than average for US cities, suggesting storage unit occupancy in Plano may also be higher. That might make it harder to find cheap storage in Plano.