Vacancy rate of self-storage space in the U.S. 2023 with a 2024 forecast, by market

Published by Statista Research Department, May 17, 2024

Chicago, the Bay Area, and Southeast Florida were the markets with the lowest vacancy rate of self-storage space in the United States in 2023. In all three markets, less than seven percent of the self-storage inventory was vacant. In the U.S., the average vacancy rate during this period stood at 10 percent. In 2024, most of the ranked markets are forecast to see a rise in vacancy rates.

Vacancy rate of self-storage space in the United States in 2023 with a forecast for 2024, by market

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Release date

February 2024

Region

United States

Survey time period

2023

Supplementary notes

* forecast.

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