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If you're searching for self storage in Severn, there are a few things you should keep in mind. Storage unit prices and availability in Severn are determined by many different factors, including real estate, population growth, the wealth of the local population, the current economic climate, and more. In order to give you a better idea of these factors in Severn, we pulled in data from the US Census.
Vacancy and occupancy rates in the Severn housing market can help us gauge the demand for living space and thus self-storage space in Severn, and may hint at storage availability and pricing. If there's low vacancy rates in Severn housing, there's likely low vacancy at Severn storage facilities. This would allow storage facilities in Severn to charge higher prices for their units. 4.7% of housing units in Severn are vacant according to the US Census, while 95.3% are occupied. The average occupancy rate in US cities is 89%, so it's likely the case that storage facilities in Severn also have higher than average occupancy rates. High occupancy rates in Severn will make it more difficult to find a good deal on a storage unit.
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