StorageSeeker's Self Storage Rent Index Declines -0.2% in January 2017

DOVER, DE, February 3, 2017 (Newswire.com) - ​StorageSeeker.com, the nation’s leading online self storage reservation network, is pleased to announce the results of its third month of tracking self storage unit rents throughout the United States. In January 2017, self storage rental rates declined by a minimal -0.2% on average nationally. This continued the -0.8% downward move in storage unit prices that was seen by the Self Storage Rent Index in December 2016.

At the local level, there were some cities with much larger rental rate changes during the same period, with prices both decreasing and increasing. Below are the Top 10 major cities that saw either storage rent declines or increases across the US in January.

Top 10 Major Market Average Self Storage Price Declines
Miami, FL   -6.3%
York, PA   -3.9%
Pittsburgh, PA   -3.7%
Kansas City, MO   -3.3%
Plano, TX   -3.1%
Riverside, CA   -3.1%
Irvine, CA   -2.7%
Orlando, FL   -2.5%
San Diego, CA   -2.5%
Corpus Christi, TX   -2.4%

Source: StorageSeeker.com and Sparefoot.com

Top 10 Major Market Average Self Storage Price Increases
Madison, WI   9.4%
Newark, NJ   8.8%
Fayetteville, NC   4.9%
Hamilton, OH   3.6%
Jersey City, NJ   3.5%
Honolulu, HI   3.5%
Hialeah, FL   3.3%
Irving, TX   2.8%
Anaheim, CA   2.7%
Baltimore, MD   2.1%

Source: StorageSeeker.com and Sparefoot.com

About StorageSeeker.com’s Self Storage Rent Index
StorageSeeker.com’s Self Storage Rent Index looks at rent changes for same-store units in over 3,000 cities around the country to monitor the overall health of the self storage rental industry on both a national and local level. For an expanded view of additional major market self storage unit price changes please see these Top 50 Self Storage Price Changes in January 2017.

About StorageSeeker.com
StorageSeeker.com is the nation’s leading online self storage reservation website with hundreds of thousands of self storage units available to reserve for rent from thousands of self storage facilities across the United States. StorageSeeker.com gives consumers the ability to compare storage prices for different unit sizes and locations while also typically providing discounted rental rates or a move-in special when a unit is reserved online. StorageSeeker.com is based in Dover, Delaware.

Visit our self storage blog today! CLICK HERE

Media Contact
Public Relations Department
Phone: 302.526.0801
Email: [email protected]

Source: StorageSeeker.com