Unmanned Aircraft Systems (UAS) Traffic Management (UTM) is an active research subject as its proposed applications are increasing. UTM aims to enable a variety of UAS operations, including package delivery, infrastructure inspection, and emergency missions. That creates the need for extensive research on how to incorporate such traffic, as conventional methods and operations used in Air Traffic Management (ATM) are not suitable for constrained urban airspace. This paper proposes and compares several traffic capacity balancing methods developed for a UTM system designed to be used in highly dense, very low-level urban airspace. Three types of location-based dynamic traffic capacity management techniques are tested: street-based, grid-based, and cluster-based. The proposed systems are tested by simulating traffic within mixed (constrained and open) urban airspace based on the city of Vienna at five different traffic densities. Results show that using local, area-based clustering for capacity balancing within a UTM system improves safety, efficiency, and capacity metrics, especially when simulated or historical traffic data are used.@en