Finance category
Mortgage, loan, investing, tax, and money calculators.
Self Storage Rent Trend Calculator
Self-storage rent growth historically outpaces apartment and inflation.
Year-over-year growth
0.05%
Real growth (vs inflation)
0.02%
Market spread
0.01%
How the math works
YoY = (current − prev) / prev. Real = YoY − inflation. Spread = YoY − market.
($14.50 − $13.80)/$13.80 = 5.07%. − 3.2% inflation = 1.87% real. + 0.57% market-beating.
How to Use
- Enter current rent / SF.
- Enter rent one year ago / SF.
- Enter inflation rate %.
- Enter market comp rent growth %.
- Read trend analysis.
Frequently Asked Questions
What's typical storage rent growth?
National self-storage rent growth: 3-6% average per year (2015-2019). Post-COVID spike: 10-18% (2020-2022). Post-2022 cooldown: 2-5% (2023-2024). Oversupply in major markets (Texas, Florida) has pushed growth to 0-3% or negative. Well-located mature facilities: 4-7% sustainable. New-lease-up facilities: 10-20% first year via 'loyalty pricing' moves. Always compare against local comp set.
Loyalty pricing?
Self-storage specific practice: existing customers get rent increases (5-15% per year) while new customers get market-competitive rates. Existing customer 'loyalty tax' — stickiness (high cost of moving) limits pushback. Creates embedded rent mark-to-market opportunity. Institutional operators (Public Storage, Extra Space, CubeSmart) push aggressively; boutique operators often don't. Major NOI lever.
Rent growth drivers?
Supply: new facility construction slows growth (2020-2022 oversupply). Demographics: Millennials entering peak storage-demand years. Trade-down moves: housing downsizing, e-commerce fulfillment, estate management. Weather events: hurricanes, floods generate short-term demand spikes. Urban density: smaller apartments = more storage demand. Each factor affects submarket differently.
How to stress test?
Model 3 scenarios: (1) base case rent growth matches 5-year market average, (2) downside at 50% of base growth, (3) upside at 125% of base. Apply to 5-year pro forma. Stress test LP distributions and DSCR at each scenario. Institutional investors require this. Rental growth is primary return driver — modest growth differences compound to large value differences over hold period.
Related Calculators
More Finance Calculators
Browse all finance →AI Cost Calculator
Compare token costs across OpenAI, Anthropic, and Google AI models. Calculate monthly API spending for GPT-4o, Claude, Gemini, and more.
Tip Calculator
Calculate the perfect tip and split the bill between friends. Choose preset percentages or enter a custom tip amount.
Bill Splitter Calculator
Split an uneven restaurant bill by item, divide tax and tip proportionally, and see exactly who owes whom.
Discount Calculator
Calculate sale price, discount amount, stacked discounts, sales tax, and total savings for any markdown.
Gas Mileage Calculator
Calculate MPG or km/L, estimate trip fuel cost, and compare annual fuel expenses between two vehicles.
Sales Tax Calculator
Add sales tax to a price, reverse-calculate the pre-tax amount from a total, and estimate tax for multiple items on one receipt.
Keep exploring