It’s a fact that self-storage rental rates have continued to surge in California in recent years. A variety of factors have contributed to the price increases including population growth and a well-performing economy. Specifically, the average monthly rent for a storage unit in California has climbed more than 26 percent since 2014, according to data…
Storage unit rental rates appear to have plateaued, staying flat for the fourth year in a row according to new data released by SpareFoot. The average price of a storage unit in Texas has hovered around $84 per month since 2014. Read more about Texas’ self-storage statistics here. In 2010, the average price of a…
Updated 10/13/2017 This page contains statistics about the U.S. self-storage industry compiled by The SpareFoot Storage Beat. Statistics on this page will be updated as we receive new data. If you have data that you’d like to share or have a question about data on this page, please email editor@sparefoot.com. Largest self-storage operators (publicly traded) in…
Storage unit rental rates in Arizona continue to grow in 2017, the third straight year of growth, according to our new report. The average monthly rent for a storage unit in Arizona has grown 15% since 2013. View the full data here. While prices dipped slightly from 2011 to 2012, a surplus of storage space…
After this year you might start calling the Big D the Big S—as in self-storage. The Dallas-Ft. Worth metro area has more than 9 million square feet of storage space under development, according to a new report released by Argus Self Storage. The increase in storage space amounts to a more than 16 percent increase…
Some parts of Florida, especially in the Miami area, seem to have hit the breaking point when it comes to the construction of new self-storage facilities. Earlier this month, the city of Margate, in Broward County just north of Miami, approved an outright ban on the building of new self-storage facilities, following a nearly year-long…
Self-storage operators and developers are picking up the pieces after a pair of powerful hurricanes brought unprecedented destruction to areas of Florida and Texas. In the aftermath of Hurricane Irma and Hurricane Harvey, self-storage operators reported a number of their facilities had closed, had been damaged or both. Many affected facilities have since reopened, and…
After just over a year of development, a Beverly Hills, CA-based developer has completed work on Hawaii’s newest self-storage development. Not only is it the newest, but the 53,000-rentable-square-foot facility at 94-130 Leokane Street in Waipahu is also one of the first conversions of an existing property to self-storage on the island, according to broker Stephen…
Storage unit rental rates continue to skyrocket for the third year in a row, according to our new report. The average monthly rent for a storage unit in California has climbed more than 26% since 2014. View the full data here. The average monthly rental rate of a storage unit in California reached $114 in 2017,…
If you or a loved one is affected by Hurricane Harvey, and in need of a temporary storage solution, SpareFoot would like to help. We are offering a free month of storage to anyone that has been personally affected by the storm. How to take advantage: Find and reserve storage on SpareFoot.com or call us at…
