Tips for Finding Self Storage in Randolph, MA
Before beginning your self storage search in Randolph, there are a few things you should know. Randolph 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. In order to give you a better idea of these factors in Randolph, we pulled in data from the US Census.Randolph, MA Moving and Storage
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 Randolph, that could affect storage unit pricing and availability. A city with a high amount of moving activity should see substantial changes in population, so by looking at population data for Randolph we can get a better idea of the amount of moving activity. The US Census tells us that the metro area population of Randolph grew from 32,429 in 2010 to 33,629 in 2014, which is a rate of 3.7% growth over four years.The Relationship Between Real Estate and Self Storage in Randolph, MA
Housing occupancy and vacancy rates in Randolph can help us get a better idea of how much demand there is for living and storage space in Randolph and thus the kind of storage prices and availability we should expect to find. Low rates of vacancy in Randolph housing could indicate that real estate is in short supply. Self storage units in Randolph may then also be in short supply, which means Randolph storage unit prices may be higher. According to US Census estimates, 96.2% of housing units in Randolph are occupied, while the vacancy rate is at 3.8%. That's a lower vacancy rate than the average for cities in the United States, and suggests that storage facility vacancy in Randolph may also be lower. Low vacancy allows storage facilities to charge higher rent, so a cheap storage unit could be trickier to find in Randolph than in other cities.