What is the largest self storage company in the United States?

Public Storage
1. Public Storage. As the largest owner of self-storage facilities in the United States, Public Storage has more than 2,400 locations throughout North America and Europe.

How many self storage companies are there in the US?

The number of storage facilities in the US ranges from 45,547 to 60,024 according to Union Realtime and IBISWorld. Texas has the most storage facilities with 4,904. Rhode Island has the least amount of storage facilities at 84. IBISWorld estimates there are 39,249 storage operators in the U.S.

What are the biggest self storage companies?

The 6 Largest Self Storage Companies

• Public Storage.
• Extra Space Storage.
• U-Haul.
• CubeSmart.
• Life Storage.
• Simply Self Storage.

Who is the best storage company?

We researched eight companies and analyzed thousands of quotes to find the best storage unit companies:

• Extra Space Storage. Our #1 pick by a mile.
• CubeSmart. Your storage unit will typically cost about 10\% less at CubeSmart.
• U-Haul. One of the largest self-storage companies in the nation.
• Life Storage.
• Neighbor.com.

How do you calculate demand for self-storage?

First, multiply the population (30,000) by the maximum square feet per person (8) to determine the maximum square feet needed at equilibrium (240,000). Next, subtract the existing square feet in the market (143,000) from the square feet needed at equilibrium (240,000). The remaining unmet demand is 97,000 square feet.

What percentage of Americans rent a storage unit?

One in 11 American households, according to a recent survey, owns self-storage space—an increase of some 75 percent from 1995. Most operators of self-storage facilities report 90 percent occupancy, with average stints among its renters of 15 months.

What state has the cheapest storage units?

Texas and Missouri are the cheapest states when it comes to self storage. The self-storage business isn’t the most complex thing in the world: lease space, divvy it up, and rent it out at competitive, yet profitable prices.

How many locations does public storage have?

There are more than 2,200 Public Storage self-storage locations in the US, Canada and Europe.

What is the demand for storage units?

The industry-wide demand remains high at average occupancy rates still above 92 percent in 2020, according to the 2021 Self Storage Almanac. The occupancy rate remains high despite the increased supply of net rentable space now totaling about 58 million square feet industry-wide.

What is the average size of a storage facility?

The average (mean) size of a “primary” self storage facility in the US is approximately 56,900 square feet. Of over 10,000 facilities surveyed, approximately 6,000 are single-story facilities and approximately 4,000 are multi-story facilities.

Is self-storage considered commercial or industrial?

The overall commercial real estate umbrella includes but is not limited to apartments, land, retail properties, churches, theme parks, schools, marinas, self-storage facilities, government real-estate, industrial properties, and office spaces.

How do I find a storage unit near me?

Find Storage Units Near You. Reserve a storage unit in three simple steps. Step 1: Search. Search by city or zip code to see available storage units in your area. Step 2: Compare. Find the best storage facility for you based on location, size, amenities, and price.

Can I Reserve a self storage unit online?

You can reserve a self-storage unit online without the hassle of calling around to different storage facilities. SelfStorage.com has over 20,000 facility listings in all 50 states, providing one of the largest selection of storage unit inventory. How do I use SelfStorage.com?

How to find the cheapest self-storage units in Miami?

SelfStorage.com is a place to easily search and compare local storage facilities in Miami to find the right storage unit at the cheapest price. You can reserve a self-storage unit online without the hassle of calling around to different storage facilities.

Where can I find affordable self storage?

When looking for affordable storage, Self Storage Finders has the most comprehensive directory on the internet. We have put together a few self storage tips to help you in your quest for self storage and packing your storage unit.