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Tips for Finding Self Storage in Woodburn, OR

Before beginning your self storage search in Woodburn, there are a few things you should know. The pricing and availability of storage units in Woodburn 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. In order to give you a better idea of these factors in Woodburn, we pulled in data from the US Census.

Self Storage and Moving in Woodburn, OR

If there are many people moving to or from Woodburn, prices could be higher than in other cities. That's because self storage if often used as part of a home move. By looking at population changes in Woodburn, 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 Woodburn grew from 24,093 in 2010 to 24,734 in 2014, which is a rate of 2.66% growth over four years.

The Relationship Between Real Estate and Self Storage in Woodburn, OR.

Housing occupancy and vacancy rates in Woodburn can help us get a better idea of how much demand there is for living and storage space in Woodburn and thus the kind of storage prices and availability we should expect to find. High occupancy rates can indicate a lack of housing supply in Woodburn, which may correlate to a lack of storage unit inventory and thus higher rental rates for self storage in the Woodburn area. Woodburn is estimated to have a 91.1% housing occupancy rate, while the vacancy rate is at 8.9%. That's a lower vacancy rate than the average for cities in the United States, and suggests that storage facility vacancy in Woodburn may also be lower. Low vacancy allows storage facilities to charge higher rent, so a cheap storage unit could be trickier to find in Woodburn than in other cities.