Before beginning your self storage search in Yuma, there are a few things you should know. Storage unit prices and availability in Yuma are determined by many different factors, including real estate, population growth, the wealth of the local population, the current economic climate, and more. We used US Census data on Yuma to give you a better idea of these factors.
If there are many people moving to or from Yuma, prices could be higher than in other cities. That's because self storage if often used as part of a home move. A city with a high amount of moving activity should see substantial changes in population, so by looking at population data for Yuma we can get a better idea of the amount of moving activity. The Yuma metro area grew from 91,380 persons in 2010 to 93,400 persons in 2014 according to the US Census, an increase of 2.21%.
Housing occupancy and vacancy rates in Yuma can help us get a better idea of how much demand there is for living and storage space in Yuma 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 Yuma, which may correlate to a lack of storage unit inventory and thus higher rental rates for self storage in the Yuma area. 20.5% of housing units in Yuma are vacant according to the US Census, while 79.5% are occupied. That's a lower vacancy rate than the average for cities in the United States, and suggests that storage facility vacancy in Yuma may also be lower. Low vacancy allows storage facilities to charge higher rent, so a cheap storage unit could be trickier to find in Yuma than in other cities.
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