There are a few things you should know about Valley Springs self storage before you begin your search. If you're wondering how much you should expect to pay for self storage in Valley Springs, 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 Valley Springs, we pulled in data from the US Census.
Vacancy and occupancy rates in the Valley Springs housing market can help us gauge the demand for living space and thus self-storage space in Valley Springs, and may hint at storage availability and pricing. High occupancy rates can indicate a lack of housing supply in Valley Springs, which may correlate to a lack of storage unit inventory and thus higher rental rates for self storage in the Valley Springs area. According to US Census estimates, 87.8% of housing units in Valley Springs are occupied, while the vacancy rate is at 12.2%. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in Valley Springs, suggesting that storage unit inventory might also be tighter in Valley Springs. With fewer units available, storage facilities in Valley Springs may charge higher prices.