There are a few things you should know about Venice self storage before you begin your search. The pricing and availability of storage units in Venice 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. Using US Census data, we've pieced together a better picture of those factors as they relate to self storage in Venice.
Many people use storage as part of their move, so if there are many people moving to Venice, you might expect storage prices to be higher and unit availability to be lower. We can get a good idea of whether or not many people are moving to or from Venice by looking at the change in population. According to the US Census, the Venice metro area's population grew from 20,760 in 2010 to 21,730 in 2014, a growth rate of 4.67%.
Housing occupancy and vacancy rates in Venice can help us get a better idea of how much demand there is for living and storage space in Venice and thus the kind of storage prices and availability we should expect to find. If housing occupancy rates in Venice are high, it's probably safe to assume that storage facility occupancy rates in Venice are also high, which would push unit prices up. The US Census estimates that housing vacancy rates in Venice are at 33.1%, while the occupancy rate is at 66.9%. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in Venice, suggesting that storage unit inventory might also be tighter in Venice. With fewer units available, storage facilities in Venice may charge higher prices.
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