StorageSeeker's Self Storage Rent Index Increases by 1.1% in January 2018
StorageSeeker's Self Storage Rent Index increased by 1.1% nationally in January 2018.
DOVER, Del., Feb. 9, 2018 /PRNewswire/ -- StorageSeeker.com, the nation's leading online self storage reservation network, is pleased to announce the results of its 15th month of tracking self storage rental rates throughout the United States. The beginning of 2018 started on a very strong note for self storage rental rates – increasing by 1.1% and reversing months of national price declines.
At the local level, on a monthly basis, there were some cities with larger rental rate changes during the same period, with prices both decreasing and increasing. Below are the Top 10 major cities that saw self storage rent declines or increases across the US in January 2018.
Top 10 Average Self Storage Price Declines in Major Markets – Jan 2018
Plymouth, MA -4.8%
Jamaica, NY -4.4%
Santa Ana, CA -2.8%
Chicago, IL -2.8%
Pittsburgh, PA -1.1%
Atlanta, GA -1.0%
Brooklyn, NY -0.9%
San Francisco, CA -0.8%
Jefferson, LA -0.8%
Columbus, OH -0.7%
Source: StorageSeeker.com and Sparefoot.com
Top 10 Average Self Storage Price Increases in Major Markets – Jan 2018
New York, NY 7.5%
Sacramento, CA 4.4%
Fairfax, VA 4.0%
Denver, CO 3.9%
Nashville, TN 3.9%
Memphis, TN 3.8%
St Louis, MO 3.3%
Washington, DC 3.0%
Indianapolis, IN 2.7%
Las Vegas, NV 2.2%
Source: StorageSeeker.com and Sparefoot.com
About StorageSeeker.com's Self Storage Rent Index
StorageSeeker.com's Self Storage Rent Index looks at rent changes for same-store units in approximately 3,000 cities around the country to monitor the overall health of the self storage rental industry on both a national and local level. For an expanded view of additional major market self storage unit price changes please see these Top 50 Self Storage Price Changes in January 2018 and for further information about individual cities' market rent changes, please contact us using the below information.
About StorageSeeker.com
StorageSeeker.com is the nation's leading online self storage reservation website with hundreds of thousands of self storage units available to reserve for rent from thousands of self storage facilities across the United States. StorageSeeker.com gives consumers the ability to compare storage prices for different unit sizes and locations while also typically providing discounted rental rates or a move-in special when a unit is reserved online. StorageSeeker.com is based in Dover, Delaware.
To learn more about rent changes in different cities, please visit our self storage blog.
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SOURCE StorageSeeker
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