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2 Sep, 2026
Analysis | Latest
Colorado Springs Storage Market Analysis: Supply Growth & Demand Drivers
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Written by Kenadi Fay

Kenadi Fay Is the Marketing Coordinator at Radius+, where she supports the development and execution of marketing initiatives that translate complex self-storage data into clear, strategic communications. Her role spans content development, campaign coordination, and brand messaging, helping position Radius+ as a trusted source of market intelligence for operators, investors, and developers.

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This week the Radius+ team took a closer look at the Colorado Springs, CO CBSA.

Historical Supply Growth in Portland-Vancouver-Hillsboro, OR-WA CBSA:

2020: 10.6%

2021: 3.5%

2022: 2%

2023: 2.7%

2024: 5.2%

2025: 3.1%

2026: 1.1%

Colorado Springs saw a large influx of supply in 2024, temporarily suppressing rental rates. The metro continues to attract population growth due to a strong military presence, a diversified local economy, and expanding tourism. Ample land availability has supported affordable housing and encouraged new residents to relocate to the area, which in turn drives storage demand. With multiple demand drivers in place, Colorado Springs is positioned for recovery as the current inventory leases up.