Tips for Finding Self Storage in Prescott, AZ
Before beginning your self storage search in Prescott, there are a few things you should know. The pricing and availability of storage units in Prescott 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. We used US Census data on Prescott to give you a better idea of these factors.Self Storage and Moving in Prescott, AZ
Self storage is commonly used as a secure place to store one's belongings when moving into a new home. If there's a high amount of moving activity in Prescott, that could affect storage unit pricing and availability. By looking at population changes in Prescott, we should be able to get an idea of how many people are moving to or from the city. The Prescott metro area grew from 39,263 persons in 2010 to 40,958 persons in 2014 according to the US Census, an increase of 4.32%.The Real Estate Climate and Self Storage in Prescott, AZ
Housing unit occupancy can give us an idea of what the demand is like for living and storage space in Prescott. If housing occupancy rates in Prescott are high, it's probably safe to assume that storage facility occupancy rates in Prescott are also high, which would push unit prices up. The US Census estimates that housing vacancy rates in Prescott are at 16%, while the occupancy rate is at 84%. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in Prescott, suggesting that storage unit inventory might also be tighter in Prescott. With fewer units available, storage facilities in Prescott may charge higher prices.