Before beginning your self storage search in Streamwood, there are a few things you should know. If you're wondering how much you should expect to pay for self storage in Streamwood, 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 Streamwood.
Many people use storage as part of their move, so if there are many people moving to Streamwood, you might expect storage prices to be higher and unit availability to be lower. Population changes over time are one way of gauging the amount of moving activity in Streamwood. The Streamwood metro area grew from 39,924 persons in 2010 to 40,345 persons in 2014 according to the US Census, an increase of 1.05%.
One way to get an idea of the demand for housing and storage space in Streamwood is to look at housing occupancy and vacancy rates. Low rates of vacancy in Streamwood housing could indicate that real estate is in short supply. Self storage units in Streamwood may then also be in short supply, which means Streamwood storage unit prices may be higher. Streamwood is estimated to have a 95.6% housing occupancy rate, while the vacancy rate is at 4.4%. That's a higher rate than average for US cities, suggesting storage unit occupancy in Streamwood may also be higher. That might make it harder to find cheap storage in Streamwood.
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