{"id":3602,"date":"2026-04-16T15:33:52","date_gmt":"2026-04-16T15:33:52","guid":{"rendered":"https:\/\/www.yardimatrix.com\/blog\/?p=3602"},"modified":"2026-04-21T14:13:08","modified_gmt":"2026-04-21T14:13:08","slug":"self-storage-market-outlook","status":"publish","type":"post","link":"https:\/\/www.yardimatrix.com\/blog\/self-storage-market-outlook\/","title":{"rendered":"Self Storage Market Outlook \u2013 April 2026"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\" id=\"h-key-takeaways\">Key takeaways<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The national average annualized advertised asking rate per square foot rose 0.1 percent month-over-month to $16.07 for the combined mix of units and sizes.<\/li>\n\n\n\n<li>Rates for both non-climate-controlled and climate-controlled units registered negative movement across all Top 30 metros tracked by Yardi Matrix.<\/li>\n\n\n\n<li>The national under-construction pipeline amounted to 46.5 million square feet, representing 2.3 percent of total stock, unmoved since the start of the year.<\/li>\n\n\n\n<li>Several coastal and Sun Belt metros had their under-construction pipeline standing still month-over-month, including Los Angeles, the Bay Area, Inland Empire, Las Vegas and Houston.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-rates-register-small-uptick-since-february\">Rates register small uptick since February<\/h2>\n\n\n\n<p>As of March, the national average annualized advertised asking rate per square foot rose 0.1 percent month-over-month to $16.07 for the combined mix of units and sizes.<\/p>\n\n\n\n<iframe title=\"Year-over-Year Rent Change for Main Unit Sizes\" aria-label=\"Table\" id=\"datawrapper-chart-Meu5F\" src=\"https:\/\/datawrapper.dwcdn.net\/Meu5F\/1\/\" scrolling=\"no\" frameborder=\"0\" style=\"width: 0; min-width: 100% !important; border: none;\" height=\"550\" data-external=\"1\"><\/iframe><script type=\"text\/javascript\">window.addEventListener(\"message\",function(a){if(void 0!==a.data[\"datawrapper-height\"]){var e=document.querySelectorAll(\"iframe\");for(var t in a.data[\"datawrapper-height\"])for(var r,i=0;r=e[i];i++)if(r.contentWindow===a.source){var d=a.data[\"datawrapper-height\"][t]+\"px\";r.style.height=d}}});<\/script> \n\n\n\n<p>Rates for both non-climate-controlled and climate-controlled units registered negative movement across all Top 30 metros tracked by Yardi Matrix.<\/p>\n\n\n\n<p>For non-climate-controlled units, advertised rates dell 2.0 percent compared to March 2025. Similarly, the same metric for climate-controlled units registered a 2.1 percent drop year-over-year, marking the first time since 2024 when non-climate-controlled values outperform climate-controlled ones.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-national-pipeline-stands-still-throughout-first-quarter\">National pipeline stands still throughout first quarter<\/h2>\n\n\n\n<p>March saw x self storage properties in all stages of development nationwide, with 622 under construction, x planned and x prospective projects. The under-construction pipeline accounted for 2.3 percent of existing inventory, unchanged since the start of the year.<\/p>\n\n\n\n<p>Across the nation, there were approximately 46.5 million net rentable square feet under construction as of March. Out of Yardi\u2019s top 30 metros, 13 had supply levels above the U.S. average, 3 metros\u2019 values remained unchanged since February and 14 saw negative movement. For a second month in a row, Portland, Ore. and Denver, Colo. ranked last on the list, both at 0.6 percent, flatlining month-over-month.<\/p>\n\n\n\n<p>Only three metros on that same list registered an increase in under-construction supply month-over-month, namely Sarasota-Cape Coral, Miami and Nashville, Tenn. Maintaining its top spot in the national ranking, Sarasota-Cape Coral\u2019s pipeline rose 10 basis points in March to 8.0 percent. Meanwhile, Miami and Nashville stood among the top 10 markets, with increases of 10 and 50 basis points, respectively.<\/p>\n\n\n\n<p>Read the full Yardi Matrix National Self Storage Market Outlook: <a href=\"https:\/\/www.yardimatrix.com\/publications\/download\/file\/8538-MatrixSelfStorageNationalReport-April2026\">April 2026<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key takeaways Rates register small uptick since February As of March, the national average annualized advertised asking rate per square foot rose 0.1 percent month-over-month to $16.07 for the combined mix of units and sizes. Rates for both non-climate-controlled and climate-controlled units registered negative movement across all Top 30 metros tracked by Yardi Matrix. For [&hellip;]<\/p>\n","protected":false},"author":3619,"featured_media":10221,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4,21],"tags":[307],"class_list":["post-3602","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate-trends","category-self-storage-market","tag-self-storage-outlook"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Self Storage Market Outlook | Yardi Matrix Blog<\/title>\n<meta name=\"description\" content=\"The national average annualized advertised asking rate per square foot rose 0.1 percent month-over-month to $16.07.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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Maria completed a Bachelor's in Art History and a Master's in Film Studies at the University of Groningen, The Netherlands. Currently, she writes commercial real estate news, particularly on the office, retail, coworking and self storage sectors. You may reach her at maria.maruta@cpe-mhn.com","url":""}]}},"jetpack_featured_media_url":"https:\/\/www.yardimatrix.com\/blog\/wp-content\/uploads\/sites\/39\/2026\/03\/AdobeStock_293469676.jpeg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.yardimatrix.com\/blog\/wp-json\/wp\/v2\/posts\/3602","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.yardimatrix.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.yardimatrix.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.yardimatrix.com\/blog\/wp-json\/wp\/v2\/users\/3619"}],"replies":[{"embeddable":true,"href":"https:\/\/www.yardimatrix.com\/blog\/wp-json\/wp\/v2\/comments?post=3602"}],"version-history":[{"count":9,"href":"https:\/\/www.yardimatrix.com\/blog\/wp-json\/wp\/v2\/posts\/3602\/revisions"}],"predecessor-version":[{"id":10223,"href":"https:\/\/www.yardimatrix.com\/blog\/wp-json\/wp\/v2\/posts\/3602\/revisions\/10223"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.yardimatrix.com\/blog\/wp-json\/wp\/v2\/media\/10221"}],"wp:attachment":[{"href":"https:\/\/www.yardimatrix.com\/blog\/wp-json\/wp\/v2\/media?parent=3602"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.yardimatrix.com\/blog\/wp-json\/wp\/v2\/categories?post=3602"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.yardimatrix.com\/blog\/wp-json\/wp\/v2\/tags?post=3602"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}