U.S. Self|Storage Industry Statistics [UPDATED APRIL 2024]

U.S. Self-Storage Industry Statistics [UPDATED APRIL 2024]

Overall, the self-storage industry is valued between $44.3 billion according to the 2024 Self-Storage Almanac published by MiniCo Insurance.

Self Storage National Report – April 2024 - Multi-Housing News

The self storage sector is still facing headwinds due to lending difficulties, unclear pricing and continuous negative street rate movement.

54 Self-Storage Industry Statistics to Know in 2024

The average occupancy of storage facilities is 96.5 percent.4; 90 percent of worldwide self-storage inventory is in the U.S.5; The average size ...

Self-Storage Unit Industry Statistics 2024 | ConsumerAffairs®

In the U.S., storage-unit occupancy rates have hit record highs in recent years, peaking around 92% in 2021 and 2022, before a recent downturn ...

U.S. Self Storage: Market Trends & Sector Outlook

Transaction volume totaled nearly $3.36 billion in the first half of 2024, which is less than one percent above the total transaction volume ...

2024 Self Storage Industry Growth Projections and Trends

Self storage properties have seen record high occupancy rates, rents, and revenue growth. With around 10.6 percent of U.S. households renting a self storage ...

Unpacking self storage: A sector on the move

By the start of 2024, self storage vacancies rose above 8% and move-in rents fell 15%. However, post-COVID self storage market conditions remain ...

Self Storage Industry Statistics (2024) - Neighbor Blog

In 2023, self storage facility construction spend in the United States skyrocketed to $7.4B from its recent 2021 low of $4.2B.

2024 Self-Storage Real Estate Market Outlook & Investment Insights

The self-storage sector demand surged due to migration patterns during the pandemic but has since dipped as mobility normalizes and home sales decline.

Main reason for renting self-storage in U.S. 2024 | Statista

... New · Daily Data · Services. The statistics portal. Directly accessible data for 170 industries from 150+ countries and over 1 Mio. facts. More ...

Charting the Future: What's Next for the Self-Storage Industry?

2024 has been a pivotal year for the self-storage industry. While some worried as a demand surge cooled, the sector has remained strong and ...

Self-Storage Real Estate Acquisitions and Sales: April 2024

Update 4/25/24 – Self-storage properties are constantly changing hands, and Inside Self-Storage is regularly notified of these market ...

Self-Storage Market Size to Surpass USD 107.36 Bn by 2034

The global self-storage market size is projected to surpass around USD 107.36 billion by 2034 increasing from USD 60.41 billion in 2024, with a CAGR of ...

Self Storage Performance Quarterly

data reflected herein does not necessarily reflect current market conditions. ... Section III – Market Performance Data Q1 2024. Self Storage Performance Index.

Self-storage Market Size, Share And Trends Report, 2030

The global self-storage market size was estimated at USD 56.81 billion in 2023 and is projected to grow at a CAGR of 5.9% from 2024 to 2030.

Self Storage Market Outlook – October 2024 - Yardi Matrix

This figure market a 3.5 percent decrease compared to September 2023. Rates for combined non-climate-controlled units fell by 3.1 percent on a year-over-year ...

Americans Went All-In on Self-Storage. That Demand Is Suddenly ...

On average, the industry added 439 storage facilities annually from 2010 to 2019, according to Yardi Matrix. From 2020 to 2023, that number rose ...

Self Storage Industry Trends | StorageCafe

In 2024, roughly 61.1M sq. ft. of new self storage space are planned to be completed across the U.S. That represents a 6.6% increase compared to 2023 deliveries ...

Self-Storage Industry Withstands Economic Volatility Through ...

Lessors of Mini Warehouses and Self-Storage Units Show Significant Financial Gains During · The self-storage industry has demonstrated unique resilience to ...

Self-Storage Market Outlook 2023-24

According to the third-quarter 2023 self-storage forecast it published, the company expects 2024 deliveries to exceed its previous supply ...