{"id":9258,"date":"2025-07-24T11:20:28","date_gmt":"2025-07-24T11:20:28","guid":{"rendered":"https:\/\/www.yardimatrix.com\/blog\/?p=9258"},"modified":"2025-08-27T11:29:34","modified_gmt":"2025-08-27T11:29:34","slug":"self-storage-market-outlook-july-2025","status":"publish","type":"post","link":"https:\/\/www.yardimatrix.com\/blog\/self-storage-market-outlook-july-2025\/","title":{"rendered":"\u00a0Self Storage Market Outlook \u2013 July 2025\u00a0"},"content":{"rendered":"\n

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

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In June, rates were up in 13 of the top metros year-over-year for non-climate-controlled units, while for climate-controlled units, rates registered an increase in 19 of the top 30 metros. <\/em><\/p>\n\n\n\n

Key takeaways<\/h2>\n\n\n\n
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  • As of June, rent movement remained negative, with the average asking rent per square foot down 0.1 percent for the combined mix of unit sizes and types. <\/li>\n<\/ul>\n\n\n\n
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    • Same-store advertised asking rates for the combined non-climate-controlled units were down 0.4 percent, while rates for climate-controlled units rose 40 basis points. <\/li>\n<\/ul>\n\n\n\n
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      • Of the top 30 metros tracked by Yardi Matrix, 26 saw an increase in advertised asking rates.\u202f <\/li>\n<\/ul>\n\n\n\n
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        • The national under-construction pipeline equaled 2.7 percent of existing inventory, down 10 basis points from May\u2019s figure of 2.8 percent. <\/li>\n<\/ul>\n\n\n\n

          Advertised street rates struggle<\/h2>\n\n\n\n

          In June, the national average annualized same-store advertised asking rate per square foot was $16.90 for the combined mix of units and sizes, marking a drop from the -0.4 percent in May and -0.3 percent in April. <\/p>\n\n\n\n