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Finding Self Storage in Troy, MO: Top Tips

If you're searching for self storage in Troy, there are a few things you should keep in mind. The pricing and availability of storage units in Troy 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 Troy to give you a better idea of these factors.

Self Storage and Moving in Troy, MO

Many people use storage as part of their move, so if there are many people moving to Troy, 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 Troy. The US Census tells us that the metro area population of Troy grew from 10,637 in 2010 to 11,355 in 2014, which is a rate of 6.75% growth over four years.

The Real Estate Climate and Self Storage in Troy, MO

Housing unit occupancy can give us an idea of what the demand is like for living and storage space in Troy. High occupancy rates can indicate a lack of housing supply in Troy, which may correlate to a lack of storage unit inventory and thus higher rental rates for self storage in the Troy area. According to US Census estimates, 92.8% of housing units in Troy are occupied, while the vacancy rate is at 7.2%. The average occupancy rate in US cities is 89%, so it's likely the case that storage facilities in Troy also have higher than average occupancy rates. High occupancy rates in Troy will make it more difficult to find a good deal on a storage unit.