Finding Self Storage in Summerville, SC: Everything You Need To Know
If you're searching for self storage in Summerville, there are a few things you should keep in mind. Storage unit prices and availability in Summerville are determined by many different factors, including real estate, population growth, the wealth of the local population, the current economic climate, and more. Using US Census data, we've pieced together a better picture of those factors as they relate to self storage in Summerville.Self Storage and Moving in Summerville, SC
If there are many people moving to or from Summerville, prices could be higher than in other cities. That's because self storage if often used as part of a home move. Population changes over time are one way of gauging the amount of moving activity in Summerville. From 2010 to 2014, the Summerville metro area population grew from 42,835 to 46,974, a growth rate of 9.66% according to the US Census.The Real Estate Climate and Self Storage in Summerville, SC
Housing occupancy and vacancy rates in Summerville can help us get a better idea of how much demand there is for living and storage space in Summerville and thus the kind of storage prices and availability we should expect to find. If there's low vacancy rates in Summerville housing, there's likely low vacancy at Summerville storage facilities. This would allow storage facilities in Summerville to charge higher prices for their units. The US Census estimates that housing vacancy rates in Summerville are at 9.1%, while the occupancy rate is at 90.9%. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in Summerville, suggesting that storage unit inventory might also be tighter in Summerville. With fewer units available, storage facilities in Summerville may charge higher prices.