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

Before beginning your self storage search in Portland, there are a few things you should know. Portland 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 Portland to give you a better idea of these factors.

Moving and Storage in Portland, ME

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 US Census tells us that the metro area population of Portland grew from 66,071 in 2010 to 66,666 in 2014, which is a rate of 0.9% growth over four years.

Real Estate and Self Storage in Portland, ME

Vacancy and occupancy rates in the Portland housing market can help us gauge the demand for living space and thus self-storage space in Portland, and may hint at storage availability and pricing. 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. The US Census estimates that housing vacancy rates in Portland are at 9.2%, while the occupancy rate is at 90.8%. That's a higher rate than average for US cities, suggesting storage unit occupancy in Portland may also be higher. That might make it harder to find cheap storage in Portland.