TractIQ tracks pricing, occupancy, and supply for self-storage facilities nationwide. As of August 31, 2026, the average U.S. self-storage street rate is $1.48 per square foot per month (down 3.3% year over year) and the average web rate is $1.23 (down 3.1%). Physical occupancy across CMBS-reporting facilities was 85.5% in Q2 2026, and 68,097 existing facilities hold 2.48 billion net rentable square feet, with another 3,824 projects in the development pipeline.
The self-storage industry has 68,097 active facilities and 3,824 known developments in the United States. According to the SSA 2025 Self Storage Demand Study, the share of households using self-storage has climbed steadily from 8.95% in 2005 to 12.60% in 2024. Professionals and investors treat self-storage real estate as an institutional asset class with a proven record of performance during booms and resilience through downturns. Self-storage is also a fast-paced, seasonal business where customers typically sign monthly leases, so rental rates vary widely at the facility level, let alone within a submarket. Tracking rate trends is one of the clearest windows into self-storage supply and demand.
The average monthly street rate is $1.48 per square foot as of August 31, 2026, a 3.3% decline year over year. The street rate is what a customer pays walking in off the street to rent a unit in person, and monthly street rates for 10x10 non-climate-controlled and climate-controlled units are $1.27 PSF and $1.56 PSF respectively. The average monthly web rate is $1.23 per square foot, a 3.1% decline year over year. Web rates are the prices advertised online, often discounted to attract price-sensitive shoppers, and they typically carry short-term promotional pricing. Monthly web rates for the same two 10x10 unit types are $1.05 PSF and $1.26 PSF.
National averages hide a lot. Rates and occupancy diverge sharply by metro — see market data for the top MSAs, or pull rate trends for any MSA in TractIQ.
National Average Street and Web Rates
Dollars per square foot per month. Facility-weighted across all unit sizes.
Street rates peaked at $2.21 PSF in August 2021 and have since given back roughly a third of that, sitting at $1.48 PSF in August 2026 — close to where the series began in March 2018. Web rates followed the same arc, peaking at $1.87 PSF in July 2021 and now at $1.23 PSF. The gap between the two lines is the discount operators are offering online: about 17% today.
10x10 Non-Climate-Controlled
Dollars per square foot per month.
A 10x10 non-climate-controlled unit is $1.27 PSF street and $1.05 PSF web — roughly $127 and $105 a month for 100 square feet. The street rate peaked at $2.06 PSF in August 2021.
10x10 Climate-Controlled
Dollars per square foot per month.
A 10x10 climate-controlled unit is $1.56 PSF street and $1.26 PSF web — roughly $156 and $126 a month. Climate-controlled space carries a 23% street-rate premium over non-climate-controlled.
Street Rate Year Over Year Growth
Percent change against the same month one year earlier.
Street rate growth peaked at +35.5% in May 2021. It has been mostly negative since, bottoming at -24.7% in December 2024 before recovering into a narrower band through 2026. August 2026 came in at -3.3%.
Web Rate Year Over Year Growth
Percent change against the same month one year earlier.
Web rate growth turned briefly positive in mid-2026 (+1.6% in July) before slipping back to -3.1% in August. Web rates have tracked street rates closely, which suggests discounting is holding steady rather than deepening.
National occupancy figures come from $50B+ of CMBS-reporting self-storage facilities. See the full self-storage occupancy data set for quarterly history and metro-level detail, or read our analysis of self-storage occupancy trends in 2026. As of Q2 2026, REIT occupancy was 90.3%, Sophisticated operator occupancy was 83.9%, and Non-designated operator occupancy was 89.9%. Across all three groups occupancy was 85.5%, which fell 0.4 percentage points from Q2 2025.
Nationwide Self-Storage Occupancy by Management Type
Quarterly physical occupancy from CMBS-reporting facilities.
Occupancy peaked at 93.9% in Q3 2021 and troughed at 84.4% in Q4 2025. Q2 2026 at 85.5% is the second consecutive quarterly gain, though still 0.4 points below Q2 2025.
Self-storage square feet under development represent 7.32% of total existing self-storage square feet. About 66.8% of projects under development sit in the conceptual or planned phase. These may or may not be built, since they are still early in feasibility and approvals. Only 625 projects are actively under construction today. Understanding supply is essential to succeeding in self-storage. TractIQ tracks every project in this pipeline down to the parcel — useful whether you are prospecting for development sites or underwriting competitive supply risk on an on-market listing.
Self-Storage Facilities Under Development
3,824 projects totalling 181.3M rentable square feet. Ring is sized by project count.
| Stage | Projects | Share | Rentable Sq Ft |
|---|---|---|---|
| Under Construction | 625 | 16.3% | 34.5M |
| Pre-Construction | 403 | 10.5% | 22.6M |
| Conceptual/Planned | 2,554 | 66.8% | 109.0M |
| Pre-Conceptual | 121 | 3.2% | 0.4M |
| Uncategorized | 121 | 3.2% | 14.8M |
| Total | 3,824 | 100.0% | 181.3M |
Only 16.3% of the pipeline by project count is actually under construction. Two thirds sits in the conceptual or planned phase, where attrition is high — so the headline 7.32% supply figure materially overstates what will be delivered in the next 24 months.
As of August 31, 2026, the average street rate is $1.48 per square foot per month and the average web rate is $1.23 per square foot per month. Street rates fell 3.3% and web rates fell 3.1% against the same month a year earlier.
A 10x10 unit is 100 square feet. At current national street rates of $1.27 per square foot for non-climate-controlled and $1.56 per square foot for climate-controlled space, that works out to roughly $127.00 and $156.00 per month respectively. Rates vary widely by market and by facility.
TractIQ tracks 68,097 existing self-storage facilities nationwide, holding 2.48 billion net rentable square feet. That works out to 7.26 square feet per person. The average existing facility is 36,974 net rentable square feet.
Across CMBS-reporting facilities, physical occupancy was 85.5% in Q2 2026. By management type, REIT-operated facilities were at 90.3%, Non-designated operators at 89.9%, and Sophisticated operators at 83.9%.
There are 3,824 projects in the development pipeline, totalling 181.3 million net rentable square feet, or 7.32% of existing supply. Most of that is early stage: 66.8% of projects sit in the conceptual or planned phase and may never be built.
625 projects are actively under construction, representing 34.5 million net rentable square feet.
REIT-managed facilities account for 29.47% of existing net rentable square footage in the United States. REITs tend to operate larger than average facilities, so their share of square footage runs well ahead of their share of facility count.
National averages are a starting point. TractIQ gives you rates, occupancy, supply and the development pipeline for any MSA, submarket or 3-mile ring in the country.
