Finding Self Storage in Xenia, OH: Top Tips
Before beginning your self storage search in Xenia, there are a few things you should know. The pricing and availability of storage units in Xenia 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. We used US Census data on Xenia to give you a better idea of these factors.Xenia, OH Moving and Storage
One of the primary uses of self storage is as a safe place to keep your things between moving homes. If many people are moving to or from Xenia, prices could be higher and availability lower. A city with a high amount of moving activity should see substantial changes in population, so by looking at population data for Xenia we can get a better idea of the amount of moving activity. The Xenia metro area grew from 25,677 persons in 2010 to 25,911 persons in 2014 according to the US Census, an increase of 0.91%.Real Estate and Self Storage in Xenia, OH
One way to get an idea of the demand for housing and storage space in Xenia is to look at housing occupancy and vacancy rates. High occupancy rates can indicate a lack of housing supply in Xenia, which may correlate to a lack of storage unit inventory and thus higher rental rates for self storage in the Xenia area. The US Census estimates that housing vacancy rates in Xenia are at 9.1%, while the occupancy rate is at 90.9%. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in Xenia, suggesting that storage unit inventory might also be tighter in Xenia. With fewer units available, storage facilities in Xenia may charge higher prices.