Self storage companies offer storage space for rent. The facilities lease the space on a short-term basis usually month-to-month.

Self Storage Industry Statistics Data
Annual self storage revenue $22,000,000,000
Total number of self storage facilities in the US 58,000
Average number of units per facility 566
Total amount of self storage space available in the US 2,300,000,000 sq ft
Average revenue per square foot of self storage $1.42
Occupancy rates for self storage facilities 87.4 %
% of US households that currently rent a self storage unit 8.96 %
Total number of people employed by self storage companies 172,000
Largest Public Storage Companies Number of Locations
Public Storage 2,305
Extra Space 1,375
Sovran 590
CubeSmart 420
U-Haul 375
Self Storage Auction Statistics Data
Average auction price of a self-storage unit $425
Annual number of self storage units that go to auction 155,000

Source: Statistic Brain, based on Self Storage Association, 2/5/15


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