Just starting your Rock Island 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 Rock Island, 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. The US Census keeps accurate data relating to all of these factors, so we've used their data on Rock Island to help inform your Rock Island self storage search.
If there are many people moving to or from Rock Island, prices could be higher than in other cities. That's because self storage if often used as part of a home move. By looking at population changes in Rock Island, we should be able to get an idea of how many people are moving to or from the city. US Census data tells us that the Rock Island metro area's population shrank from 39,008 in 2010 to 38,642 in 2014, a decline of -0.94%.
Housing unit occupancy can give us an idea of what the demand is like for living and storage space in Rock Island. High occupancy rates can indicate a lack of housing supply in Rock Island, which may correlate to a lack of storage unit inventory and thus higher rental rates for self storage in the Rock Island area. 8.6% of housing units in Rock Island are vacant according to the US Census, while 91.4% are occupied. That's a lower vacancy rate than the average for cities in the United States, and suggests that storage facility vacancy in Rock Island may also be lower. Low vacancy allows storage facilities to charge higher rent, so a cheap storage unit could be trickier to find in Rock Island than in other cities.
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