Supply Surge Slows Rental Rates in Orlando Market

With steady new supply and a softer housing market, Orlando’s rental rates remain flat, and demand is lagging behind the area’s rapid self-storage expansion.

Why Tampa’s Storage Rates Aren’t Dropping

Tampa’s self-storage market is showing strong demand and steady rental rates, driven by economic growth, extreme weather, and a rapidly growing population.

May Recap 2025

Self-storage rates have dipped 0.98% YoY, from May 2024 to May 2025, but signs point to recovery as REITs adjust post-legislation and ExtraSpace trends upward.

Plan Smarter: National Risk Index Layer Now on Radius+

Use the National Hazard Risk Index layer on Radius+ to assess natural disaster risks with FEMA data. Taking your self-storage data selection to the next level.

Target Growth Areas with the Low Poverty Index on Radius+

Explore our new Low Poverty Index layer, added to help you assess economic opportunity and potential self-storage demand when selecting your next location.

Why Miami Continues to Attract Self Storage Investors

Miami’s startup boom and rising population are fueling self-storage demand and pushing rental rates near pre-pandemic levels despite steady new supply growth.

Introducing the Location Affordability Index — Now Live on Radius+

Explore Radius+’s new Location Affordability Index to assess housing costs, rent, and job density— your key indicators for smarter self-storage site selection.

April Recap 2025

Self-storage rates dipped 3.7% year over year in April — and all eyes are on California’s SB709. Could rent control be coming for the industry?

What Makes San Diego a Steady Self-Storage Market?

While in San Diego for the SSA Valuation Summit, we took a closer look at the local market, slow, steady supply growth and high barriers to entry keep rates strong.

Smarter Underwriting Now in Radius+

Radius+ is heading to ISS World Expo with a powerful new partner: Cactus AI. Smarter underwriting, sharper insights, come see it live at booth 441!

Storage in New Orleans: Opportunity Ahead

New Orleans has the lowest projected self-storage development among top 50 markets—but signs of economic growth suggest demand could be on the rise.

EXR Rates Show Signs of Stabilizing

Self-storage rates may have bottomed out. See how Extra Space Storage pricing trends signal a potential rebound and what it means for the 2025 lease-up season.

Introducing Radius Plus Vision

Imagine getting real-time self-storage insights just by looking at a storage facility. While that tech isn’t here yet, Radius+ delivers the next best thing.

New York Storage Market: Growth Amid High Barriers

New York City’s high demand and tough zoning make it a prime self-storage market. Despite barriers, supply does keep growing. Can development stay steady?

Self Storage in Phoenix: Will Oversupply Impact Rates?

Phoenix is leading the nation in new self-storage construction—but will the market absorb it? High supply could mean prolonged lease-ups and lower rates ahead.

Orlando Self Storage: Supply Growth Trends

Orlando's booming tourism and economic growth have driven self-storage demand. With new development slowing, rental rates may start to rise as demand catches up.

February Recap 2025

Comparing 10x10 climate-controlled units in the top 25 REIT markets from February 2024 to February 2025. Stay updated on the latest market trends with Radius+!

Radius+ Gets a Fresh New Look – Same Power, More Usability!

Radius+ just got a UI refresh! Enjoy a sleeker, more intuitive experience with more space for analysis and clearer navigation. See what has been updated today!

A New Look, A Better Experience for Self-Storage Professionals

Data just got easier! The new Radius+ UI refresh makes navigating, comparing markets, and analyzing self-storage data faster and more intuitive. Check it out!

Making Sense of Parcel Data: A Newcomer’s Guide to Smarter Self-Storage Decisions

New to self-storage? Parcel Data on Radius+ helps you analyze properties, zoning, and competition—making smarter investments easier than ever. Check it out!

January Recap 2025

Comparing 10x10 climate-controlled units in the top 25 REIT markets from January 2024 to January 2025. Stay updated on the latest market trends with Radius+!

New Feature Alert: Parcel Data Now Available on Radius+

Radius+ now includes Parcel Data! Access boundaries, zoning, ownership and more in just a few clicks. Upgrade today to unlock this powerful new feature!

Florida Self Storage: Top 3 Markets with the Most Growth in 2023-2024

Florida's booming population fuels self-storage growth! See which three markets—Palm Bay, Daytona, and Lakeland—led supply expansion in 2023-2024.

2-Year Analysis: Non-Climate 10x10 Rates Fall Amid Decreased Demand

Web rates for 10x10 Non-Climate Controlled units dropped 14.45% YoY. High supply and shifting demand dynamics are reshaping the self-storage market landscape.

What 2 Years of Web Rate Data Tells Us About the Self Storage Market

Self-storage web rates dropped 15.5% YoY due to oversupply and a frozen housing market. Discover how these trends shape the industry's outlook for 2025!

Maximize Your Storage Insights with Radius+ at NYSSA Forum

NYSSA members, you can now get your FREE Radius+ Insider Subscription! Get your exclusive tools to master self-storage markets and stay ahead of the competition.

New Radius+ Tool Highlights Retail Hotspots for Storage

Radius+ introduces Retail Filters to identify top self-storage investment locations, showing where major retailers like Walmart and Chick-Fil-A thrive.

Colorado’s Top 3 Markets for Self-Storage Growth

Colorado's self-storage market is booming! From Colorado Springs' 9.7% supply growth to Denver's tech-driven 2.6%, see how these top markets are evolving.

November Recap

Taking a look at how November 2024 performed in comparison to November 2023 by analyzing the average price per square foot within the top 25 markets.

Houston Self-Storage: Measured Supply, Rising Demand

Houston's self-storage market stays strong with measured supply growth & rising rental rates. Discover how population growth fuels this Texas powerhouse.

The Power of Reviews in Self-Storage: Why They Matter and How to Leverage Them

Online reviews are your self-storage facility's silent sales team. Build trust, boost SEO, & outshine competitors by leveraging reviews to drive growth & loyalty.

California Self-Storage: Top Growing Markets

Discover the top California markets—Los Angeles, Sacramento, & Fresno—leading self-storage growth with impressive supply additions & future pipeline forecasts.

Los Angeles Vs New York - Who Wins in Rates

NYC and LA self-storage rates for 10x10 climate-controlled units dropped YoY, with LA seeing a 13.3% decrease vs. NYC’s 9.3%—suggesting steadier demand in NYC.

Your Essential Guide to Breaking into the Self Storage Industry

Breaking into self-storage? Balance data with industry insight, focus on location needs, and embrace tech for smooth operations and customer satisfaction.

October Recap

Taking a look at how October 2024 performed in comparison to October 2023 by analyzing the average price per square foot within the top 25 markets.

San Antonio: Growing Market, Rising Self-Storage Demand

San Antonio’s rapid growth draws self-storage developers, but 10% new supply under construction may keep rates down despite high demand from a rising population.

So, You Want to Invest in Self-Storage? Here’s Your First Step

Before diving into self-storage investment, research the market like a pro. Know local demand, competition, and operations to set yourself up for success.

Why Dallas is a Hot Market for Self-Storage

Dallas is the self-storage capital with strong development despite a supply slowdown. Rental rates are stabilizing, making it an attractive market for developers.

Ilyssa's Insights: Your Guide to Navigating the Self-Storage Industry

New to self-storage or seeking fresh insights? Follow Ilyssa's Insights for expert tips, trends, and strategies to help you thrive in this growing industry!

6 Tips for Self-Storage Operational Excellence

Operational excellence is vital in self-storage. Enhance customer experience, streamline operations, prioritize security, and adopt targeted marketing for success!

How Austin’s Tech Growth and Population Surge Drive Self-Storage Demand

Austin’s tech boom and job growth have fueled self-storage demand, but after a supply surge, rates have dropped. Expect a rebound when interest rates fall.

Introducing New Features for the Radius+ Portfolio Project: A Comprehensive Update

The Radius+ Portfolio Project adds user-specific sharing, bulk facility uploads via CSV, and the ability to edit portfolio and facility names for better management.

Atlanta Self Storage Supply Growth - Trends and Future Outlook

The Atlanta CBSA has seen steady self-storage supply growth, with 7.1% more under construction. Expect continued pressure on asking rates due to this surge.

Understanding Housing Permits: Key Data and Impact on Population Growth

Housing permits reveal future growth. Radius+ analyzes permit data to project housing trends, helping businesses like self-storage plan for demand.

2024 Texas Self Storage Growth: Top 3 Markets to Watch

Explore Texas's booming self-storage growth in 2024, with El Paso, Killeen-Temple, and San Antonio-New Braunfels leading in projected supply expansion.

Self-Storage Supply Skyrockets in These Key Mid-Atlantic Markets

Explore self-storage supply growth in the Mid-Atlantic region, focusing on Syracuse, Allentown, and New York CBSA’s, with significant new developments since 2023.

Sunbelt Regions and Self-Storage

Sunbelt region sees a surge in self-storage supply, led by Atlanta, Charlotte, and Memphis. Rapid growth may outpace demand, raising questions about market balance.

How Self-Storage is Recession Resilient

Self-storage is recession-resilient, offering consistent demand, low costs, scalability, and strong returns. It's a smart investment for navigating economic uncertainty.

July Recap

Taking a look at how July 2024 performed in comparison to July 2023 by analyzing the average price per square foot within the top 25 markets.

Traffic Counts Are Key!

Traffic counts impact self-storage site profitability by measuring potential customer volume. High counts boost marketability and aid trade area analysis.

The Robots Are Coming - To Protect Your Self Storage Facility

Self-storage facilities are adopting kiosk-shaped security robots for enhanced 24/7 surveillance, interaction, and cost efficiency. Learn about this innovative trend.

Achieved Rates vs Asking Rates

Explore the gap between advertised and achieved rates in self-storage and how REITs' strategies affect market stability and tenant behavior.

Build Down, Not Up - Underground Storage Facilities

Explore the potential of underground storage facilities. Learn how they offer cost savings, aesthetic appeal, operational advantages, and environmental benefits.

June Recap

Taking a look at how June 2024 performed in comparison to June 2023 by analyzing the average price per square foot within the top 25 markets.

Don't Let High Rates Get You Down

Explore strategies for navigating high interest rates in self-storage investments. Maximize opportunities with proactive deal-making tactics.

Self Storage: First Time Buyers and High Interest Rates

Discover how high interest rates affect self-storage purchases and explore strategies to find viable deals. Learn about financing, negotiation, and expanding your search area.

Drive-thru Self Storage - The Future is Here

Discover the convenience & protection of drive-thru storage. Enjoy easy access, weather protection, and central loading areas for seamless, stress-free storage.

AI and Self-Storage

Explore the transformative impact of artificial intelligence on the self-storage industry, from dynamic pricing and enhanced security to automated marketing and operational efficiencies. Discover how AI integration enhances profitability and tenant satisfaction, paving the way for strategic growth and institutional investment.

Ninja Demographics - RV Parks

Boost your [self-storage](https://www.radiusplus.com/keyword/self-storage) business by catering to RV residents. Understand their unique needs and implement effective strategies to attract this growing market.

May Recap

Taking a look at how May 2024 performed in comparison to May 2023 by analyzing the average price per square foot within the top 25 markets.

Self Storage Success: 6 Steps to Secure Your First Facility Purchase

Discover how to acquire a self-storage facility with our step-by-step checklist. Learn about location analysis, financial evaluation, operations, networking, and scaling strategies.

April Recap

Taking a look at how April 2024 performed in comparison to April 2023.

Fastest Growing Markets in the Northeast

Explore the fastest growing self-storage markets in the Northeast, from Providence-Warwick's supply surge to Reading's economic growth. Stay informed on trends.

Self Storage Indicators - The Walmart Effect

Discover key indicators for self-storage developers' location strategy, from housing permits to emerging trends like chip factories. Learn how to leverage data for optimal site selection.

Lending Landscape: What Is on the Horizon?

Insights into the '24 self-storage market reveal rising sales activity amid hopes for interest rate stabilization. Investors remain cautious amid uncertainties.

The Current Lending Landscape Q2

The current commercial real estate financing landscape, as it applies to lending, is finally warming up.

Supply Growth Zooms for Top CBSAs

Which [markets](https://www.radiusplus.com/keyword/markets) within the top 50 have seen the most percentage supply growth so far this year?

Highlights from ISS World Expo 2024: Optimism and Innovation in Self Storage

Self-storage's greatness lies in its people, their optimism, and innovation amid challenges. The future of the industry is an exciting one!

March Recap

Taking a look at how March 2024 performed in comparison to March 2023.

Housing Permits Leading Indicator for Self Storage Demand

One of the best leading indicators for the [Self Storage](https://www.radiusplus.com/keyword/self-storage) Industry is issued [Building Permits](https://www.radiusplus.com/keyword/building-permits).

Housing Hacks for Self Storage Investing

Developers rely on economic indicators like housing stats and building permits, but solopreneurs can use local buying & selling trends to target opportunities.

Filter Out the Noise with Radius+

The Radius+ team has released a new filtering system to help you look nationally for pockets of supply that fit your criteria.

February Recap

Taking a look at how February 2024 performed in comparison to February 2023.

Are You On The Right Side Of The Road?

People do not spend enough time learning what side of the street is best for their budget, their time, their experience, their short and long-term goals, and how to get there.

Self Storage Market Insights: Florida

The State of [Florida](https://www.radiusplus.com/keyword/florida) is making waves in the [Self Storage](https://www.radiusplus.com/keyword/self storage) world as there is a ton of new [supply](https://www.radiusplus.com/keyword/supply) being added.

Beyond Numbers: It all starts with Self-Storage Location

No matter what type of Self Storage Investor you are, the first thing that comes to mind is: Location.

2024 Self Storage Pricing Revolution

Explore the 2024 shift in [Self Storage](https://www.radiusplus.com/keyword/self-storage) pricing strategies, balancing short-term gains with long-term sustainability.

January Recap

Taking a look at how January 2024 performed in comparison to January 2023.

Self Storage Market Insights: Denver

Learn about The Denver-Aurora-Lakewood, CO CBSA in this market insights report

Self-Storage Development Soars in Phoenix

The Phoenix-Mesa-Scottsdale, AZ CBSA has the most percentage supply under construction.

Unveiling Growth: Cleveland-Elyria, OH Leads in 2023 Supply Expansion

In 2023, Cleveland-Elyria, OH saw 8.4% supply growth, with another 6.76% under construction or in planning. Expect rate softening as supply continues to rise.

December Recap

Taking a look at how December 2023 performed in comparison to December 2022.

Yearly Recap 2023

Taking a look at how rates have changed from 2022 to 2023.

Unveiling Market Dynamics: The Top 3 Increases in Supply Growth Across Key Markets in 2023

With challenges to development on the horizon, we looked at the top 3 markets within the Top 25 Markets that saw the biggest increase in supply growth YoY.

Unveiling Market Dynamics: The Top 3 Slowdowns in Supply Growth Across Key Markets in 2023

With all the challenges to development on the horizon, the Radius+ team took at the top 3 markets within the Top 25 Markets that saw the biggest slow down in supply growth YoY when comparing 2022 to 2023.

Riding the Wave: Self Storage Growth Post-REITs' Pause

REITs pause development projects due to high interest rates, low asking rates, & funding challenges. This will reduce competition & boost demand for storage.

November Recap

Taking a look at how November 2023 performed in comparison to November 2022.

Challenges and Opportunities in Today’s Self-Storage Landscape

Discover challenges in self-storage development amid lending constraints & REITs pricing shifts. Navigate obstacles for a competitive edge in a changing market.

Self Storage Market Insights: Minneapolis

Learn about the The Minneapolis-St. Paul-Bloomington CBSA in this market insights report.

The Public REITs Q3 Earnings 2023

The earnings from the REITs are here for Q3 of 2023 giving us some insight on how the year has started and what we may expect in the coming months of 2023

Analyzing Supply Growth Trends in Texas’ Top Self-Storage Markets

The Radius+ team took a closer look to see how the top 3 markets in [Texas](https://www.radiusplus.com/keyword/texas) have been doing in regards to [supply growth](https://www.radiusplus.com/keyword/supply-growth) and how these compare to previous years.

October Recap

Taking a look at how October 2023 performed in comparison to October 2022.

Self Storage Market Insights: New Orleans

Learn about The New Orleans-Metairie, LA CBSA in this market insights report.

NYC Development Recap

Explore self-storage pricing dynamics with a focus on the New York-Newark-Jersey City, NY-NJ-PA CBSA.

Thriving Against the Odds: Three CBSAs Defying Market Challenges in Self Storage Development

Discover three CBSAs experiencing remarkable self-storage growth despite market challenges. Learn how Phoenix, Tampa, and Atlanta are defying odds.

September Recap

Taking a look at how September 2023 performed in comparison to September 2022.

Self Storage Market Insights: San Francisco

Learn about the The San Francisco-Oakland-Hayward, CA CBSA in this market insights report.

Self Storage Market Insights: Honolulu

Learn about the The Urban Honolulu, HI CBSA in this market insights report.

SSA 2023 Review

A review of conversations at the recent SSA Conference and Trade Show.

Self Storage Market Insights: Las Vegas

Learn about the The Las Vegas-Henderson-Paradise, NV CBSA.

August Recap

Taking a look at how August 2023 performed in comparison to August 2022.

The Public REITs Q2 Earnings 2023

The earnings from the REITs are here for Q2 of 2023 giving us some insight on how the year has started and what we may expect in the coming months of 2023

Self Storage Market Insights: Raleigh

Learn about the Raleigh, NC CBSA

Industry Consolidation Sparks Optimism for Long-Term Rate Stability

Witness rate stability and pricing confidence on the horizon as major players embark on significant acquisitions.

July Recap

Taking a look at how July 2023 performed in comparison to July 2022.

How Important is Ancillary Income to a Self-Storage Facility?

Ancillary income can be quite important to a self-storage facility as it has the potential to significantly boost revenue and profitability.

Supply Growth Surges in Cleveland-Elyria

[Cleveland-Elyria](https://www.radiusplus.com/keyword/cleveland-elyria), OH CBSA has seen a significant increase in [supply growth](https://www.radiusplus.com/keyword/supply-growth) in [2023](https://www.radiusplus.com/keyword/2023) compared to [2022](https://www.radiusplus.com/keyword/2022).

Self Storage Market Insights: Chicago

Learn about the Chicago-Naperville-Elgin, IL-IN-WI CBSA

Future of Self Storage Development: Navigating the Changing Landscape of Construction Loans

Obstacles in securing construction loans for self-storage development are impacting the industry, leading to fewer new facilities opening.

June Recap

Taking a look at how June 2023 performed in comparison to June 2022.

Self Storage Market Insights: Florida

Learn about the Tampa-St. Petersburg-Clearwater, FL CBSA

Texas Development Pipeline Deep Dive

Taking a look at the development pipeline in the top 10 markets in Texas.

Does landscaping influence a potential renter?

Learn why landscaping is important for [self-storage facilities](https://www.radiusplus.com/keyword/self-storage-facility) in attracting and retaining customers.

Texas 2022 Development Deep Dive

Taking a look at the supply growth of Texas in 2022.

Self Storage Market Insights: Colorado

A look at how migration from the Colorado metropolitan area has affected the self-storage market.

May Recap

Taking a look at how May 2023 performed in comparison to May 2022.

Self Storage Market Insights: California

A look at how migration from the Californian metropolitan area has affected the self-storage market.

The Public REITs Q1 2023 Earnings

Discussing the [Public REITs](https://www.radiusplus.com/keyword/public reits) Q1 earnings call for 2023 and what we may expect in the coming months.

Self Storage Market Insights: Miami

A look at how migration from the Miami metropolitan area has affected the self-storage market.

April Recap

Taking a look at how April 2023 performed in comparison to April 2022.

Self Storage Market Insights: NYC

A look at how migration from the NYC metropolitan area has affected the self-storage market.

ISS World Expo Review

A review of major industry takeaways from the ISS Las Vegas World Expo.

March Recap

Taking a look at how March 2023 performed in comparison to March 2022.

Q4 2022 Review

The macro-economy and lending market as may be in a difficult spot, but the larger institutions still remain bullish.

The Larger Institutions Still Remain Bullish

The macro-economy and lending market as may be in a difficult spot, but the larger institutions still remain bullish.

The Financial Crisis and Its Ripple Effect On Self-Storage

The lending market could slow down dramatically, which will impact supply growth and the number of acquisitions.

The Public REITs Q4 Earnings

Discussing the Public REITs Q4 Earnings.

February Recap

Taking a look at how February 2023 performed in comparison to February 2022.

Texas Development Is Still Inching Forward. Will Rates Be Able To Keep Up?

With supply still being added to Texas, can we expect rates to decrease this year?

Is The Industry Stabilizing?

A look at how the self-storage industry fares - comparing previous average price per square foot vs national occupancy.

Can Self-Storage Adapt?

Interest rates continue to rise, how will the [self-storage industry](https://www.radiusplus.com/keyword/self-storage-industry) respond?

Why Is Self-Storage The Best-In-Class Commercial Asset?

Seven top reasons as to why self storage is the best-in-class commercial asset.

January Recap

Taking a look at how January 2023 performed in comparison to January 2022.

A New Market Enters the Discussion

The Charlotte-Concord-Gastonia, NC-SC CBSA is one to keep an eye on.

Highest Percentage of Supply Growth in 2022 for these Markets

A look back at the top 25 markets to see which ones had the highest percentage supply growth in 2022.

A Top Market for Population Growth According to U-Haul, is there Self-Storage Potential?

Keep your eyes on the Myrtle Beach-North Myrtle Beach, SC area this year.

7 Reasons Why Finding Self-Storage Land in 2023 Is Going To Be Easy

In 2023, locating land for [self-storage](https://www.radiusplus.com/keyword/self-storage) will be a breeze! With the right strategy and preparation, securing suitable space can make all the difference.

December Recap

Taking a look at how December 2022 performed in comparison to December 2021.

Once a year to double your Profits!

We all get into self-storage for 3 reasons: Cash flow, more cash flow next year and more cash flow the year after and…

Yearly Recap

Discover how self-storage rates evolved in 2022. Despite industry shifts, rates increased by 3.9% YoY. Explore market trends and average facility size growth.

Climate Controlled Units Vs. Non Climate Controlled Units

How has the average price per square foot fared for the 10x10 CC units compared with 10x10 NCC units?

Q3 2021 Occupancy Compared with Q3 2022 Occupancy

How has occupancy compared to the all time highs of 2021?

One Market Keeps Defying The Odds

[Dallas-Fort Worth-Arlington, TX CBSA](https://www.radiusplus.com/keyword/dallas-fort-worth-arlington-tx-cbsa) continues to thrive.

November Recap

Taking a look at how November 2022 performed in comparison to November 2021.

The Gradual Slow Down Of Development

Is self-storage development taking a back seat for the foreseeable future?

The Public REITs Q3 Earnings

Discussing the Public REITs Q3 Earnings.

Yes, Maybe and No Ranges For The Top 7 Site Parameters

Recommendations to help determine your lines in the sand for the typical 6-acre site.

Unsuspecting Markets In The Top 100 Leading The Way For Supply Growth In 2022

Which three regions from the top 100 markets have the most square footage of supply growth?.

How Much Land Do I Need To Build A Self-Storage Facility?

Advice from industry expert Marc Goodin on how much land is needed to build self-storage.

October Recap

Taking a look at how October 2022 performed in comparison to October 2021.