Tips for Finding Self Storage in Wood Village, OR
Before beginning your self storage search in Wood Village, there are a few things you should know. The pricing and availability of storage units in Wood Village 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 Wood Village.Moving and Storage in Wood Village, OR
Many people use storage as part of their move, so if there are many people moving to Wood Village, you might expect storage prices to be higher and unit availability to be lower. By looking at population changes in Wood Village, we should be able to get an idea of how many people are moving to or from the city. The US Census tells us that the metro area population of Wood Village grew from 3,885 in 2010 to 3,966 in 2014, which is a rate of 2.08% growth over four years.The Relationship Between Real Estate and Self Storage in Wood Village, OR
Vacancy and occupancy rates in the Wood Village housing market can help us gauge the demand for living space and thus self-storage space in Wood Village, and may hint at storage availability and pricing. High occupancy rates can indicate a lack of housing supply in Wood Village, which may correlate to a lack of storage unit inventory and thus higher rental rates for self storage in the Wood Village area. 5.1% of housing units in Wood Village are vacant according to the US Census, while 94.9% are occupied. The average occupancy rate in US cities is 89%, so it's likely the case that storage facilities in Wood Village also have higher than average occupancy rates. High occupancy rates in Wood Village will make it more difficult to find a good deal on a storage unit.