Just starting your Rancho Cordova self storage search? There are a few things you should know. If you're wondering how much you should expect to pay for self storage in Rancho Cordova, 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 Rancho Cordova.
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 Rancho Cordova, prices could be higher and availability lower. Population changes over time are one way of gauging the amount of moving activity in Rancho Cordova. From 2010 to 2014, the Rancho Cordova metro area population grew from 65,089 to 69,740, a growth rate of 7.15% according to the US Census.
Vacancy and occupancy rates in the Rancho Cordova housing market can help us gauge the demand for living space and thus self-storage space in Rancho Cordova, and may hint at storage availability and pricing. High occupancy rates can indicate a lack of housing supply in Rancho Cordova, which may correlate to a lack of storage unit inventory and thus higher rental rates for self storage in the Rancho Cordova area. 8% of housing units in Rancho Cordova are vacant according to the US Census, while 92% are occupied. That's a higher rate than average for US cities, suggesting storage unit occupancy in Rancho Cordova may also be higher. That might make it harder to find cheap storage in Rancho Cordova.
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