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Finding Self Storage in Wake Forest, NC: Everything You Need To Know

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

Moving and Storage in Wake Forest, NC

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 Wake Forest, prices could be higher and availability lower. We can get a good idea of whether or not many people are moving to or from Wake Forest by looking at the change in population. According to the US Census, the Wake Forest metro area's population grew from 30,349 in 2010 to 36,693 in 2014, a growth rate of 20.9%.

The Relationship Between Real Estate and Self Storage in Wake Forest, NC.

Housing unit occupancy can give us an idea of what the demand is like for living and storage space in Wake Forest. High occupancy rates can indicate a lack of housing supply in Wake Forest, which may correlate to a lack of storage unit inventory and thus higher rental rates for self storage in the Wake Forest area. 7.5% of housing units in Wake Forest are vacant according to the US Census, while 92.5% are occupied. That's a higher rate than average for US cities, suggesting storage unit occupancy in Wake Forest may also be higher. That might make it harder to find cheap storage in Wake Forest.