30 Jun, 2026
Hartford Storage Deep Dive: High Incomes Meet a Rising Pipeline

Written by James McLean

James McLean is the Head of Business Development at Radius+. James helps maintain external relationships with clients and assisting internally with the sales process. He also, manages internal data processes working alongside the operations team to ensure we are supporting high level data quality.

This week the Radius+ team took a closer look at the Hartford-West Hartford-East Hartford, CT CBSA.

Hartford experienced consistent supply growth from 2021 through 2025, contributing to downward pressure on rental rates. Despite this, the market is still considered undersupplied at just over 5 square feet per capita. High median household incomes above $120,000 support a higher rental rate ceiling and create potential for long-term improvement. The region’s economy benefits from a strong insurance sector that continues to add jobs. However, a robust development pipeline poses future risk if additional projects move forward.