Tips for Finding Self Storage in Pompano Beach, FL
There are a few things you should know about Pompano Beach self storage before you begin your search. If you're wondering how much you should expect to pay for self storage in Pompano Beach, 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. We used US Census data on Pompano Beach to give you a better idea of these factors.Self Storage and Moving in Pompano Beach, FL
If there are many people moving to or from Pompano Beach, prices could be higher than in other cities. That's because self storage if often used as part of a home move. We can get a good idea of whether or not many people are moving to or from Pompano Beach by looking at the change in population. From 2010 to 2014, the Pompano Beach metro area population grew from 100,122 to 106,105, a growth rate of 5.98% according to the US Census.The Real Estate Climate and Self Storage in Pompano Beach, FL
One way to get an idea of the demand for housing and storage space in Pompano Beach is to look at housing occupancy and vacancy rates. High occupancy rates can indicate a lack of housing supply in Pompano Beach, which may correlate to a lack of storage unit inventory and thus higher rental rates for self storage in the Pompano Beach area. Pompano Beach is estimated to have a 75.5% housing occupancy rate, while the vacancy rate is at 24.5%. That's a higher rate than average for US cities, suggesting storage unit occupancy in Pompano Beach may also be higher. That might make it harder to find cheap storage in Pompano Beach.