Finding Self Storage in Takoma Park, MD: Top Tips
Just starting your Takoma Park self storage search? There are a few things you should know. Takoma Park storage unit prices and availability are closely related to things like real estate prices, the type of housing available in the area, the city's wealth, and whether or not many people are moving to the area. The US Census keeps accurate data relating to all of these factors, so we've used their data on Takoma Park to help inform your Takoma Park self storage search.Moving and Storage in Takoma Park, MD
One of the primary uses of self storage is as a safe place to keep your things between moving homes. If many people are moving to or from Takoma Park, prices could be higher and availability lower. We can get a good idea of whether or not many people are moving to or from Takoma Park by looking at the change in population. The US Census tells us that the metro area population of Takoma Park grew from 16,781 in 2010 to 17,670 in 2014, which is a rate of 5.3% growth over four years.The Relationship Between Real Estate and Self Storage in Takoma Park, MD
Vacancy and occupancy rates in the Takoma Park housing market can help us gauge the demand for living space and thus self-storage space in Takoma Park, and may hint at storage availability and pricing. High occupancy rates can indicate a lack of housing supply in Takoma Park, which may correlate to a lack of storage unit inventory and thus higher rental rates for self storage in the Takoma Park area. Takoma Park is estimated to have a 91.7% housing occupancy rate, while the vacancy rate is at 8.3%. The average occupancy rate in US cities is 89%, so it's likely the case that storage facilities in Takoma Park also have higher than average occupancy rates. High occupancy rates in Takoma Park will make it more difficult to find a good deal on a storage unit.