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Finding Self Storage in Portland, CT: Everything You Need To Know

Just starting your Portland self storage search? There are a few things you should know. The pricing and availability of storage units in Portland 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 Portland, we pulled in data from the US Census.

Portland, CT Self Storage and Moving

Many people use storage as part of their move, so if there are many people moving to Portland, you might expect storage prices to be higher and unit availability to be lower. A city with a high amount of moving activity should see substantial changes in population, so by looking at population data for Portland we can get a better idea of the amount of moving activity. The Portland metro area saw its population decline from 9,500 persons in 2010 to 9,444 persons in 2014 according to the US Census, a decrease of -0.59%.

Self Storage and Real Estate in Portland, CT

Housing unit occupancy can give us an idea of what the demand is like for living and storage space in Portland. Low rates of vacancy in Portland housing could indicate that real estate is in short supply. Self storage units in Portland may then also be in short supply, which means Portland storage unit prices may be higher. 6.4% of housing units in Portland are vacant according to the US Census, while 93.6% are occupied. That's a lower vacancy rate than the average for cities in the United States, and suggests that storage facility vacancy in Portland may also be lower. Low vacancy allows storage facilities to charge higher rent, so a cheap storage unit could be trickier to find in Portland than in other cities.