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Self Storage Rent Per Square Foot Calculator

Self storage rent per sqft varies sharply by unit size — small units command premium.

$
$
$
%

Blended rent / sqft / yr

$17.69

Total monthly revenue

$55,296

Total leasable sqft

37,500

How the math works

Blended $/sqft = total annual revenue ÷ total leasable sqft.

60×$60 + 200×$140 + 80×$245 = $51,200/mo × 1.08 = $55,296 × 12 = $663,552 / 39,500 sqft = $16.80/sqft.

How to Use

  1. Enter small unit (5x5) rent + count.
  2. Enter medium unit (10x10) rent + count.
  3. Enter large unit (10x20) rent + count.
  4. Enter climate premium %.
  5. Read blended rent / sqft.

Frequently Asked Questions

Typical rent per sqft?

5×5 (25 sqft): $40-100/mo → $19-48/sqft/yr. 5×10 (50 sqft): $60-140/mo → $14-34/sqft/yr. 10×10 (100 sqft): $90-220/mo → $11-26/sqft/yr. 10×15 (150 sqft): $120-280/mo → $10-22/sqft/yr. 10×20 (200 sqft): $150-375/mo → $9-22/sqft/yr. 10×30 (300 sqft): $210-550/mo → $8-22/sqft/yr. Smaller unit = higher $/sqft (lease-up scarcity).

Climate-controlled premium?

Interior climate-controlled: 15-30% rent premium over non-climate. Drive-up non-climate: cheapest. Interior non-climate: middle. Interior climate: premium. RV/boat storage (30×10 outdoor): $80-300/mo, minimal revenue/sqft but valuable to specific customer. Wine storage, humidity-controlled: $25-60/sqft/yr.

Unit mix strategy?

Highest-yielding mix: 35-45% 10×10 units (workhorses), 20-30% 10×15, 15-25% 10×20, 10-15% 5×10 + 5×5 (premium pricing, lease up first). Balance absorbs demand — too many small = oversupply of premium; too many large = price compression. Market studies critical before ground-up build.

Revenue management?

Existing tenants: auto-rate increase 8-20% annually (cost of moving out > increase). New tenant pricing: dynamic, adjusted weekly based on occupancy by unit size. Small units at 95% occ: raise 10-15%. Large units at 75% occ: hold or cut 5%. Industry software: SiteLink, storEDGE, StorageManager. REIT-level (Extra Space, Public Storage) sophisticated RM systems drive 3-5% above owner-operator yields.

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