Everything You Need to Know About Finding Self Storage in Plymouth, MN
If you're searching for self storage in Plymouth, there are a few things you should keep in mind. The pricing and availability of storage units in Plymouth 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 Plymouth, we pulled in data from the US Census.Moving and Storage in Plymouth, MN
If there are many people moving to or from Plymouth, prices could be higher than in other cities. That's because self storage if often used as part of a home move. By looking at population changes in Plymouth, we should be able to get an idea of how many people are moving to or from the city. According to the US Census, the Plymouth metro area's population grew from 70,684 in 2010 to 75,057 in 2014, a growth rate of 6.19%.The Real Estate Climate and Self Storage in Plymouth, MN
One way to get an idea of the demand for housing and storage space in Plymouth is to look at housing occupancy and vacancy rates. High occupancy rates can indicate a lack of housing supply in Plymouth, which may correlate to a lack of storage unit inventory and thus higher rental rates for self storage in the Plymouth area. According to US Census estimates, 95.6% of housing units in Plymouth are occupied, while the vacancy rate is at 4.4%. That's a higher rate than average for US cities, suggesting storage unit occupancy in Plymouth may also be higher. That might make it harder to find cheap storage in Plymouth.