Asking rent per sf of self-storage space in the U.S. 2016-2023 with forecast for 2024
In 2023, the asking rent for self-storage space in the United States was 1.23 U.S. dollars per square foot, which was as slight decrease from the previous year. Rates are expected to decrease further in 2024, reaching 1.2 U.S. dollars per square foot. According to the forecast, the vacancy rate is set to rise in this period.