Finding Self Storage in Roanoke, VA: Top Tips
Before beginning your self storage search in Roanoke, there are a few things you should know. The pricing and availability of storage units in Roanoke 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. The US Census keeps accurate data relating to all of these factors, so we've used their data on Roanoke to help inform your Roanoke self storage search.Roanoke, VA 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 Roanoke, that could affect storage unit pricing and availability. By looking at population changes in Roanoke, we should be able to get an idea of how many people are moving to or from the city. From 2010 to 2014, the Roanoke metro area population grew from 96,812 to 99,428, a growth rate of 2.7% according to the US Census.Real Estate and Self Storage in Roanoke, VA
Vacancy and occupancy rates in the Roanoke housing market can help us gauge the demand for living space and thus self-storage space in Roanoke, and may hint at storage availability and pricing. High occupancy rates can indicate a lack of housing supply in Roanoke, which may correlate to a lack of storage unit inventory and thus higher rental rates for self storage in the Roanoke area. 10% of housing units in Roanoke are vacant according to the US Census, while 90% are occupied. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in Roanoke, suggesting that storage unit inventory might also be tighter in Roanoke. With fewer units available, storage facilities in Roanoke may charge higher prices.