Finding Self Storage in Port Royal, VA: Top Tips
Before beginning your self storage search in Port Royal, there are a few things you should know. Port Royal 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. We used US Census data on Port Royal to give you a better idea of these factors.Moving and Storage in Port Royal, VA
If there are many people moving to or from Port Royal, prices could be higher than in other cities. That's because self storage if often used as part of a home move. Population changes over time are one way of gauging the amount of moving activity in Port Royal. According to the US Census, the Port Royal metro area's population grew from 126 in 2010 to 129 in 2014, a growth rate of 2.38%.The Real Estate Climate and Self Storage in Port Royal, VA
One way to get an idea of the demand for housing and storage space in Port Royal is to look at housing occupancy and vacancy rates. High occupancy rates can indicate a lack of housing supply in Port Royal, which may correlate to a lack of storage unit inventory and thus higher rental rates for self storage in the Port Royal area. 20% of housing units in Port Royal are vacant according to the US Census, while 80% are occupied. That's a lower vacancy rate than the average for cities in the United States, and suggests that storage facility vacancy in Port Royal may also be lower. Low vacancy allows storage facilities to charge higher rent, so a cheap storage unit could be trickier to find in Port Royal than in other cities.