Before beginning your self storage search in Twin Falls, there are a few things you should know. If you're wondering how much you should expect to pay for self storage in Twin Falls, 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. We used US Census data on Twin Falls to give you a better idea of these factors.
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 Twin Falls, that could affect storage unit pricing and availability. We can get a good idea of whether or not many people are moving to or from Twin Falls by looking at the change in population. According to the US Census, the Twin Falls metro area's population grew from 44,506 in 2010 to 46,528 in 2014, a growth rate of 4.54%.
Vacancy and occupancy rates in the Twin Falls housing market can help us gauge the demand for living space and thus self-storage space in Twin Falls, and may hint at storage availability and pricing. If housing occupancy rates in Twin Falls are high, it's probably safe to assume that storage facility occupancy rates in Twin Falls are also high, which would push unit prices up. 7.1% of housing units in Twin Falls are vacant according to the US Census, while 92.9% are occupied. That's a higher rate than average for US cities, suggesting storage unit occupancy in Twin Falls may also be higher. That might make it harder to find cheap storage in Twin Falls.
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