If you're searching for self storage in Portales, there are a few things you should keep in mind. If you're wondering how much you should expect to pay for self storage in Portales, 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 Portales.
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 Portales, prices could be higher and availability lower. We can get a good idea of whether or not many people are moving to or from Portales by looking at the change in population. The US Census tells us that the metro area population of Portales declined from 12,378 in 2010 to 12,233 in 2014, a loss of -1.17%.
Housing unit occupancy can give us an idea of what the demand is like for living and storage space in Portales. High occupancy rates can indicate a lack of housing supply in Portales, which may correlate to a lack of storage unit inventory and thus higher rental rates for self storage in the Portales area. 8.9% of housing units in Portales are vacant according to the US Census, while 91.1% are occupied. That's a higher rate than average for US cities, suggesting storage unit occupancy in Portales may also be higher. That might make it harder to find cheap storage in Portales.
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