Tips for Finding Self Storage in Portsmouth, VA
Just starting your Portsmouth self storage search? There are a few things you should know. Storage unit prices and availability in Portsmouth are determined by many different factors, including real estate, population growth, the wealth of the local population, the current economic climate, and more. Using US Census data, we've pieced together a better picture of those factors as they relate to self storage in Portsmouth.Self Storage and Moving in Portsmouth, VA
Many people use storage as part of their move, so if there are many people moving to Portsmouth, 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 Portsmouth we can get a better idea of the amount of moving activity. From 2010 to 2014, the Portsmouth metro area population grew from 95,495 to 96,004, a growth rate of 0.53% according to the US Census.Real Estate and Self Storage in Portsmouth, VA
One way to get an idea of the demand for housing and storage space in Portsmouth is to look at housing occupancy and vacancy rates. Low rates of vacancy in Portsmouth housing could indicate that real estate is in short supply. Self storage units in Portsmouth may then also be in short supply, which means Portsmouth storage unit prices may be higher. The US Census estimates that housing vacancy rates in Portsmouth are at 8.5%, while the occupancy rate is at 91.5%. That's a lower vacancy rate than the average for cities in the United States, and suggests that storage facility vacancy in Portsmouth may also be lower. Low vacancy allows storage facilities to charge higher rent, so a cheap storage unit could be trickier to find in Portsmouth than in other cities.
There are 56 self storage units in Portsmouth, VA in a 15 mile radius to choose from with over 56 units available for rent
Using $1.00/sqft as a national average, the average price for a self storage unit is $1.30. This is 29.63% higher with $0.30 net increase in cost per square foot. You'll be paying more in medium to large cities as storage prices are generally higher in densely populated areas.
Choose from multiple self storage facilities in Portsmouth including:
If storage near Portsmouth, Virginia is not close enough to you, you may be interested in the 8 nearby cities including Carrollton, Chesapeake, Hampton, Newport News, Norfolk, Suffolk, Virginia Bch, Virginia Beach.
We also have specialized storage to choose from in Portsmouth. If you require a climate controlled unit where temperature and humidity are important, please check out our Portsmouth, VA Climate Controlled Storage, page. If you need to store a boat, car, or RV near Portsmouth, VA, please visit our Portsmouth, VA Car, Boat & RV Storage Storage page.