Below we ranked the top 10 self-storage markets with the highest rent growth for the standard 10×10 climate-controlled units year-over-year as of September 2021

Rank      Market Rent      10×10   CC Units Percent Change

1              San Jose, Calif.  $158       $186       17.7%
2              Charleston, S.C. $107       $125       16.8%
3              Inland Empire   $142       $163       14.8%
4              Miami                   $143       $164       14.7%
5              Washington, D.C.$150   $170       13.3%
6              Charlotte, N.C.  $100       $113       13.0%
7              Austin, Texas     $113       $127       12.4%
8              Houston              $98         $110       12.2%
9              Denver $121       $135       11.6%
10           Atlanta $107       $119       11.2%

The table below highlights the top 10 markets for self-storage construction, ranked by total square footage under construction or in the planning stages as of Sept 2021

Rank      Metro     Under Construction + Planned SF             Percentage of Stock
1              Phoenix            4,403,920                      13%
2              Orlando            2,723,743                      11.1%
3              Las Vegas         2,640,682                      14.7%
4              Central New Jersey        2,569,287                                                             21.1%
5              Southwest Florida Coast       2,539,216                                                             14.5%
6              San Fernando Valley – Ventura County  2,460,172      13.3%
7              Fort Worth       2,445,617                                                             10.3%
8              Tampa – St. Petersburg – Clearwater      2,400,997      8.9%
9              Sacramento       2,335,268     13.2%
10           San Diego          2,295,792     12.7%