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09 Dec 2025

Buffalo Self-Storage Market Poised for Rate Growth as Supply Slowdown Meets Steady Demand

author

James McLean

Union Realtime

This week in honor of the Buffalo Bills win over the weekend the Radius+ team took a look at the Buffalo-Cheektowaga, NY CBSA.

This market saw heavy supply growth in 2022 and 2023 with more measured deliveries in 2024 and 2025 so far

Supply growth as a percentage relative to total supply:

As the newer facilities lease up and approach stabilization, rental rates in the market have begun to recover. The region benefits from proximity to the Canadian border and a strong local GDP that supports steady job and population growth. This measured economic expansion should continue to drive storage demand in the years ahead. The combination of slowed supply and ongoing absorption positions Buffalo for continued rate improvement.

Buffalo-Cheektowaga, NY CBSA CC Rates

Buffalo-Cheektowaga, NY CBSA CC Rates

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