Finding Self Storage in University Place, WA: Everything You Need To Know
If you're searching for self storage in University Place, there are a few things you should keep in mind. If you're wondering how much you should expect to pay for self storage in University Place, 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. In order to give you a better idea of these factors in University Place, we pulled in data from the US Census.Moving and Storage in University Place, WA
If there are many people moving to or from University Place, prices could be higher than in other cities. That's because self storage if often used as part of a home move. A city with a high amount of moving activity should see substantial changes in population, so by looking at population data for University Place we can get a better idea of the amount of moving activity. The University Place metro area grew from 31,130 persons in 2010 to 32,282 persons in 2014 according to the US Census, an increase of 3.7%.Real Estate and Self Storage in University Place, WA
One way to get an idea of the demand for housing and storage space in University Place is to look at housing occupancy and vacancy rates. Low rates of vacancy in University Place housing could indicate that real estate is in short supply. Self storage units in University Place may then also be in short supply, which means University Place storage unit prices may be higher. The US Census estimates that housing vacancy rates in University Place are at 5.6%, while the occupancy rate is at 94.4%. The average occupancy rate in US cities is 89%, so it's likely the case that storage facilities in University Place also have higher than average occupancy rates. High occupancy rates in University Place will make it more difficult to find a good deal on a storage unit.