Tips for Finding Self Storage in Sunbury, OH
Just starting your Sunbury self storage search? There are a few things you should know. The pricing and availability of storage units in Sunbury 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. We used US Census data on Sunbury to give you a better idea of these factors.Sunbury, OH Self Storage and Moving
If there are many people moving to or from Sunbury, 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 Sunbury. The Sunbury metro area grew from 4,431 persons in 2010 to 4,909 persons in 2014 according to the US Census, an increase of 10.79%.The Relationship Between Real Estate and Self Storage in Sunbury, OH
One way to get an idea of the demand for housing and storage space in Sunbury is to look at housing occupancy and vacancy rates. High occupancy rates can indicate a lack of housing supply in Sunbury, which may correlate to a lack of storage unit inventory and thus higher rental rates for self storage in the Sunbury area. Sunbury is estimated to have a 94.2% housing occupancy rate, while the vacancy rate is at 5.8%. That's a lower vacancy rate than the average for cities in the United States, and suggests that storage facility vacancy in Sunbury may also be lower. Low vacancy allows storage facilities to charge higher rent, so a cheap storage unit could be trickier to find in Sunbury than in other cities.