Finding Self Storage in Sunnyvale, CA: Top Tips
Just starting your Sunnyvale 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 Sunnyvale, 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 Sunnyvale.Self Storage and Moving in Sunnyvale, CA
Self storage is commonly used as a secure place to store one's belongings when moving into a new home. If there's a high amount of moving activity in Sunnyvale, that could affect storage unit pricing and availability. A city with a high amount of moving activity should see substantial changes in population, so by looking at population data for Sunnyvale we can get a better idea of the amount of moving activity. According to the US Census, the Sunnyvale metro area's population grew from 140,529 in 2010 to 149,980 in 2014, a growth rate of 6.73%.The Relationship Between Real Estate and Self Storage in Sunnyvale, CA
Vacancy and occupancy rates in the Sunnyvale housing market can help us gauge the demand for living space and thus self-storage space in Sunnyvale, and may hint at storage availability and pricing. If there's low vacancy rates in Sunnyvale housing, there's likely low vacancy at Sunnyvale storage facilities. This would allow storage facilities in Sunnyvale to charge higher prices for their units. According to US Census estimates, 95.7% of housing units in Sunnyvale are occupied, while the vacancy rate is at 4.3%. That's a lower vacancy rate than the average for cities in the United States, and suggests that storage facility vacancy in Sunnyvale may also be lower. Low vacancy allows storage facilities to charge higher rent, so a cheap storage unit could be trickier to find in Sunnyvale than in other cities.