Finding Self Storage in Woodbury, MN: Top Tips
Before beginning your self storage search in Woodbury, there are a few things you should know. If you're wondering how much you should expect to pay for self storage in Woodbury, 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. In order to give you a better idea of these factors in Woodbury, we pulled in data from the US Census.Moving and Storage in Woodbury, MN
If there are many people moving to or from Woodbury, 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 Woodbury, we should be able to get an idea of how many people are moving to or from the city. The Woodbury metro area grew from 62,239 persons in 2010 to 66,807 persons in 2014 according to the US Census, an increase of 7.34%.The Real Estate Climate and Self Storage in Woodbury, MN
One way to get an idea of the demand for housing and storage space in Woodbury is to look at housing occupancy and vacancy rates. High occupancy rates can indicate a lack of housing supply in Woodbury, which may correlate to a lack of storage unit inventory and thus higher rental rates for self storage in the Woodbury area. According to US Census estimates, 95.9% of housing units in Woodbury are occupied, while the vacancy rate is at 4.1%. That's a higher rate than average for US cities, suggesting storage unit occupancy in Woodbury may also be higher. That might make it harder to find cheap storage in Woodbury.