Self Storage (Matrix)
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 National Report – Dec 2023
Street rates continue to be down year-over-year in most metros, the latest Yardi Matrix monthly report shows.
Historic Highs Are Behind for Self Storage
Overall street rates were down month-over-month, amid yearly cooldown.
Self Storage Rents Continue Yearly Decline
Month-over-month rent growth remained flat natonally.
Cooldown Persists for Self Storage
The year-over-year street rate performance remained negative, but monthly rents showed growth.
Self Storage Rents Decline, Demand Stays Firm
Month-over-month rent growth remained flat in most of the top 31 metros, amid annual declines.
Self Storage Demand Steady as Negative Rent Movement Continues
Although year-over-year changes remain negative, historic rates are still stable.
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.