Tips for Finding Self Storage in West Covina, CA
Before beginning your self storage search in West Covina, there are a few things you should know. West Covina storage unit prices and availability are closely related to things like real estate prices, the type of housing available in the area, the city's wealth, and whether or not many people are moving to the area. We used US Census data on West Covina to give you a better idea of these factors.Moving and Storage in West Covina, CA
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 West Covina, that could affect storage unit pricing and availability. Population changes over time are one way of gauging the amount of moving activity in West Covina. According to the US Census, the West Covina metro area's population grew from 106,184 in 2010 to 108,455 in 2014, a growth rate of 2.14%.Self Storage and Real Estate in West Covina, CA
Vacancy and occupancy rates in the West Covina housing market can help us gauge the demand for living space and thus self-storage space in West Covina, and may hint at storage availability and pricing. High occupancy rates can indicate a lack of housing supply in West Covina, which may correlate to a lack of storage unit inventory and thus higher rental rates for self storage in the West Covina area. West Covina is estimated to have a 96.6% housing occupancy rate, while the vacancy rate is at 3.4%. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in West Covina, suggesting that storage unit inventory might also be tighter in West Covina. With fewer units available, storage facilities in West Covina may charge higher prices.