{"id":9108,"date":"2025-06-27T08:03:08","date_gmt":"2025-06-27T08:03:08","guid":{"rendered":"https:\/\/www.yardimatrix.com\/blog\/?p=9108"},"modified":"2025-07-24T09:09:37","modified_gmt":"2025-07-24T09:09:37","slug":"self-storage-market-outlook-june-2025","status":"publish","type":"post","link":"https:\/\/www.yardimatrix.com\/blog\/self-storage-market-outlook-june-2025\/","title":{"rendered":"Self Storage Market Outlook \u2013 June 2025"},"content":{"rendered":"\n

Read the latest Yardi Matrix Self Storage Market Outlook<\/a><\/strong>.<\/p>\n\n\n\n

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On a monthly basis, 24 out of the top 30 metros recorded increases in advertised rent growth, while the remaining six saw negative movement or remained flat, according to the latest Yardi Matrix self storage market outlook.<\/em><\/p>\n\n\n\n

Key takeaways<\/h2>\n\n\n\n
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  • As of May, the advertised asking rent movement remained negative, with the average annualized same-store asking rent per square foot down 0.5 percent for the combined mix of unit sizes and types.<\/li>\n\n\n\n
  • Same-store advertised asking rates for the combined non-climate-controlled units were down 0.8 percent, while rates for climate-controlled units fell 0.2 percent.<\/li>\n\n\n\n
  • Of the top 30 metros tracked by Yardi Matrix, 24 recorded advertised rate increases. Houston, Sacramento and Las Vegas saw contractions, while Seattle, Columbus and San Francisco remained flat, as the overall per square foot rates were up 0.5 percent to $16.76.<\/li>\n\n\n\n
  • The national under-construction pipeline equaled 2.8 percent of existing inventory, unchanged from the previous month.<\/li>\n<\/ul>\n\n\n\n

    Advertised rates are slowing<\/h2>\n\n\n\n

    In May, the national average annualized same-store advertised asking rate per square foot was $16.76 for the combined mix of units and sizes. This figure marked a drop from the -0.3 percent in April and -0.2 percent in March.<\/p>\n\n\n\n