How many self storage facilities in the us

The national average self storage occupancy rate in was The prior high of Over , Americans are employed in the self storage industry, making up almost 0. Self storage rentals fluctuate in each market based on various seasonal factors including weather and temperature. North Dakota seasons the most seasonal volatility and Arizona sees the least amount of seasonality.

Demand Statistics — Pricing, seasonality, duration, etc. Industry Statistics — Revenue, financials, performance, etc. Facility Management Statistics — Occupancy, employment, margins, etc. Total facilities 45, — 60, Most facilities by state Texas Least facilities by state Rhode Island Storage Units 23,, Q2 Q4 Fastest growing self-storage markets in the U.

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Skip to main content Try our corporate solution for free! Single Accounts Corporate Solutions Universities. Premium statistics. Read more. In , there were 47, self-storage facilities in the United States, up from 45, facilities in the previous year.

You need a Single Account for unlimited access. Full access to 1m statistics Incl. Single Account. View for free. Show source. Please do not hesitate to contact me. Industry-specific and extensively researched technical data partially from exclusive partnerships. A paid subscription is required for full access. Additional Information. Commercial Real Estate. Vacancy rate of self-storage space in the U. Cap rate of self-storage properties in the U.

Q2 Q4 Fastest growing self-storage markets in the U. Property Services. As a Premium user you get access to the detailed source references and background information about this statistic. As a Premium user you get access to background information and details about the release of this statistic.

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Single Accounts Corporate Solutions Universities. Demographics may also finally dampen enthusiasm for the storage sector, according to the Wall Street Journal. Baby boomers, set to downsize and shrink their housing footprint, will be a big boost for years to come. But younger adults are, compared to older generations, delaying marriage, parenthood, and homeownership, which means less suburban living and less stuff. In addition, Americans are less mobile , meaning fewer moves and less of a need for temporary storage during resettlement and relocation.

A recent report by the Urban Land Institute and research firm Green Street Advisors predicts that as mobility-on-demand services decrease car ownership, fewer vehicles will equal more space in garages for storage. Industry boosters, of course, see these issues as simply speed bumps on the road toward greater growth. But consumers in the United States are far from the only ones navigating small space and conspicuous consumption.

Unsurprisingly, China, along with much of Southeast Asia, has emerged as a massive growth market. With larger trends pointing toward less space, less ownership, and more urban living, self-storage seems primed to find more room for, and profit from, your possessions. As Jason Lopez, chief marketing officer of U. Cookie banner We use cookies and other tracking technologies to improve your browsing experience on our site, show personalized content and targeted ads, analyze site traffic, and understand where our audiences come from.

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