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Research platform StorageCafe has conducted an analysis of U.S. real estate activity from 1980 to 2023, focusing on six major sectors: single-family, multifamily, industrial, office, retail, and self-storage.
Interest in self-storage has increased in over 75% of the top metros according to the latest StorageCafe survey of self-storage preferences. Today, Millennials make up 25% of all self-storage renters.
As the housing market cools down, storage facilities suffer from lower occupancy and falling rates, according to the December 2023 Yardi Matrix National Self Storage Report.
StorageCafe’s survey of nearly 18,000 people reveals that 21% of Americans are currently using self-storage. The self-storage sector, though not the most glamorous, is essential for those with practical needs for extra space.
Research platform StorageCafe has conducted an analysis of U.S. real estate activity from 1980 to 2023, focusing on six major sectors: single-family, multifamily, industrial, office, retail, and self-storage.
Interest in self-storage has increased in over 75% of the top metros according to the latest StorageCafe survey of self-storage preferences. Today, Millennials make up 25% of all self-storage renters.
As the housing market cools down, storage facilities suffer from lower occupancy and falling rates, according to the December 2023 Yardi Matrix National Self Storage Report.
StorageCafe’s survey of nearly 18,000 people reveals that 21% of Americans are currently using self-storage. The self-storage sector, though not the most glamorous, is essential for those with practical needs for extra space.
A 2022 RentCafe analysis finds that self-storage units swelled in conjunction with metros’ growth in apartment complexes.
Rent Café’s study projects a 9 percent bump in the nation’s existing inventory.
Self-storage facilities are blending into neighborhoods better, and competing for rentals from women, their primary customers.
