Self Storage (Matrix)

self storage interior

Self Storage National Report – May 2024

Street rates were up for 28 out of the top 30 metros, the latest Yardi Matrix report shows.

Self Storage Report Jan 2024

Self Storage National Report – Dec 2023

Street rates continue to be down year-over-year in most metros, the latest Yardi Matrix monthly report shows.

Self storage units.

Historic Highs Are Behind for Self Storage

Overall street rates were down month-over-month, amid yearly cooldown.

Corridor of self storage unit with yellow doors. Image by PierreDesrosiers/iStockphoto.com

Self Storage Rents Continue Yearly Decline

Month-over-month rent growth remained flat natonally.

Self storage rooms with metal closed doors.

Cooldown Persists for Self Storage

The year-over-year street rate performance remained negative, but monthly rents showed growth.

A green self storage facility with opened unit door and cardboard boxes

Self Storage Rents Decline, Demand Stays Firm

Month-over-month rent growth remained flat in most of the top 31 metros, amid annual declines.

Alley of self storage units. Cover image for the Yardi Matrix National Self Storage Report April 2023

Self Storage Demand Steady as Negative Rent Movement Continues

Although year-over-year changes remain negative, historic rates are still stable.

Image by chandlerphoto/iStockphoto.com

Cooldown Tapers for Self Storage

Despite a year-over-year decline, average street rates remained unchanged month-over-month.

Self Storage Street Rates Slowdown Softens

Annually Nashville was the sole market where rates increased for both 10×10 unit options.

Notable Cooldown Persists for Self Storage

On an annual basis, the average national street rate for all unit sizes decreased yet again.