Before beginning your self storage search in Wenatchee, there are a few things you should know. If you're wondering how much you should expect to pay for self storage in Wenatchee, 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 Wenatchee to give you a better idea of these factors.
If there are many people moving to or from Wenatchee, prices could be higher than in other cities. That's because self storage if often used as part of a home move. Population changes over time are one way of gauging the amount of moving activity in Wenatchee. According to the US Census, the Wenatchee metro area's population grew from 32,228 in 2010 to 33,261 in 2014, a growth rate of 3.21%.
One way to get an idea of the demand for housing and storage space in Wenatchee is to look at housing occupancy and vacancy rates. Low rates of vacancy in Wenatchee housing could indicate that real estate is in short supply. Self storage units in Wenatchee may then also be in short supply, which means Wenatchee storage unit prices may be higher. According to US Census estimates, 94% of housing units in Wenatchee are occupied, while the vacancy rate is at 6%. That's a lower vacancy rate than the average for cities in the United States, and suggests that storage facility vacancy in Wenatchee may also be lower. Low vacancy allows storage facilities to charge higher rent, so a cheap storage unit could be trickier to find in Wenatchee than in other cities.
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