{"id":138887,"date":"2025-03-21T01:41:04","date_gmt":"2025-03-21T08:41:04","guid":{"rendered":"https:\/\/www.rentcafe.com\/blog\/?p=138887"},"modified":"2025-04-09T01:43:00","modified_gmt":"2025-04-09T08:43:00","slug":"self-storage-markets-in-the-top-renter-migration-hotspots","status":"publish","type":"post","link":"https:\/\/www.rentcafe.com\/blog\/self-storage\/self-storage-markets-in-the-top-renter-migration-hotspots\/","title":{"rendered":"How Friendly Is the Self Storage Market in the Top Renter Migration Hotspots?"},"content":{"rendered":"<div style=\"background-color: #edf1f5; padding: 20px; border-radius: 5px;\">\n<p><strong>Key Takeaways:<\/strong><\/p>\n<ul style=\"margin: 0; line-height: 1.6;\">\n<li>Self storage prices are more affordable in high-migration states.<\/li>\n<li>Texas and North Carolina, the biggest magnets of new renters, are well-supplied on both multifamily housing and self storage.<\/li>\n<li>Oklahoma has the most affordable self storage rates nationwide.<\/li>\n<li>D.C. and Hawaii have some of the lowest supplies and highest self storage rent rates.<\/li>\n<\/ul>\n<\/div>\n<p>Balancing necessities with lifestyle preferences isn\u2019t easy these days, especially as the rising cost of living puts pressure on housing markets in the nation\u2019s biggest migration hotspots. But can self storage serve as a buffer for new residents <a href=\"https:\/\/www.rentcafe.com\/blog\/self-storage\/self-storage-helps-renters-maximize-apartment-space\/\" target=\"_blank\" rel=\"noopener\">looking to make the most of their living space<\/a>? The answer is yes \u2014 though some states are doing better than others when it comes to both housing and self storage availability.<\/p>\n<p>To get a closer look, we analyzed the latest <a href=\"https:\/\/www.storagecafe.com\/blog\/us-interstate-migration-trends\/\" target=\"_blank\" rel=\"noopener\">StorageCafe migration study<\/a>, identifying the top states for renter migration and comparing those trends with self storage availability across all U.S. states and Washington, D.C. The good news? <strong>Nearly all of the top 15 states with the highest net renter gains have storage rates below <a href=\"https:\/\/www.rentcafe.com\/blog\/self-storage\/self-storage-monthly-report\/\" target=\"_blank\" rel=\"noopener\">the national self storage average<\/a> of $134 per month<\/strong> \u2014 offering an affordable solution for people on the move.<\/p>\n<h2 id=\"tablepress-556-name\" class=\"tablepress-table-name tablepress-table-name-id-556\">Self Storage Prices in America's Renter Migration Hotspots<\/h2>\n\n<table id=\"tablepress-556\" class=\"tablepress tablepress-id-556\" aria-labelledby=\"tablepress-556-name\" aria-describedby=\"tablepress-556-description\">\n<thead>\n<tr class=\"row-1\">\n\t<th class=\"column-1\">Rank<\/th><th class=\"column-2\">State<\/th><th class=\"column-3\">Net Renter Gains in 2023<\/th><th class=\"column-4\">Self Storage Average Rent ($)<\/th>\n<\/tr>\n<\/thead>\n<tbody class=\"row-striping row-hover\">\n<tr class=\"row-2\">\n\t<td class=\"column-1\">1<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/storage-units\/us\/tx\/\" target=\"_blank\" rel=\"noopener\">Texas<\/a><\/td><td class=\"column-3\">96,278<\/td><td class=\"column-4\">117<\/td>\n<\/tr>\n<tr class=\"row-3\">\n\t<td class=\"column-1\">2<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/storage-units\/us\/nc\/\" target=\"_blank\" rel=\"noopener\">North Carolina<\/a><\/td><td class=\"column-3\">70,833<\/td><td class=\"column-4\">113<\/td>\n<\/tr>\n<tr class=\"row-4\">\n\t<td class=\"column-1\">3<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/storage-units\/us\/co\/\" target=\"_blank\" rel=\"noopener\">Colorado<\/a><\/td><td class=\"column-3\">34,852<\/td><td class=\"column-4\">131<\/td>\n<\/tr>\n<tr class=\"row-5\">\n\t<td class=\"column-1\">4<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/storage-units\/us\/ga\/\" target=\"_blank\" rel=\"noopener\">Georgia<\/a><\/td><td class=\"column-3\">32,954<\/td><td class=\"column-4\">118<\/td>\n<\/tr>\n<tr class=\"row-6\">\n\t<td class=\"column-1\">5<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/storage-units\/us\/wa\/\" target=\"_blank\" rel=\"noopener\">Washington<\/a><\/td><td class=\"column-3\">25,469<\/td><td class=\"column-4\">155<\/td>\n<\/tr>\n<tr class=\"row-7\">\n\t<td class=\"column-1\">6<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/storage-units\/us\/az\/\" target=\"_blank\" rel=\"noopener\">Arizona<\/a><\/td><td class=\"column-3\">21,208<\/td><td class=\"column-4\">122<\/td>\n<\/tr>\n<tr class=\"row-8\">\n\t<td class=\"column-1\">7<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/storage-units\/us\/nv\/\" target=\"_blank\" rel=\"noopener\">Nevada<\/a><\/td><td class=\"column-3\">20,531<\/td><td class=\"column-4\">129<\/td>\n<\/tr>\n<tr class=\"row-9\">\n\t<td class=\"column-1\">8<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/storage-units\/us\/fl\/\" target=\"_blank\" rel=\"noopener\">Florida<\/a><\/td><td class=\"column-3\">18,886<\/td><td class=\"column-4\">140<\/td>\n<\/tr>\n<tr class=\"row-10\">\n\t<td class=\"column-1\">9<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/storage-units\/us\/tn\/\" target=\"_blank\" rel=\"noopener\">Tennessee<\/a><\/td><td class=\"column-3\">18,643<\/td><td class=\"column-4\">115<\/td>\n<\/tr>\n<tr class=\"row-11\">\n\t<td class=\"column-1\">10<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/storage-units\/us\/in\/\" target=\"_blank\" rel=\"noopener\">Indiana<\/a><\/td><td class=\"column-3\">18,353<\/td><td class=\"column-4\">99<\/td>\n<\/tr>\n<tr class=\"row-12\">\n\t<td class=\"column-1\">11<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/storage-units\/us\/sc\/\" target=\"_blank\" rel=\"noopener\">South Carolina<\/a><\/td><td class=\"column-3\">14,382<\/td><td class=\"column-4\">117<\/td>\n<\/tr>\n<tr class=\"row-13\">\n\t<td class=\"column-1\">12<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/storage-units\/us\/hi\/\" target=\"_blank\" rel=\"noopener\">Hawaii<\/a><\/td><td class=\"column-3\">9,064<\/td><td class=\"column-4\">261<\/td>\n<\/tr>\n<tr class=\"row-14\">\n\t<td class=\"column-1\">13<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/storage-units\/us\/wi\/\" target=\"_blank\" rel=\"noopener\">Wisconsin<\/a><\/td><td class=\"column-3\">8,470<\/td><td class=\"column-4\">114<\/td>\n<\/tr>\n<tr class=\"row-15\">\n\t<td class=\"column-1\">14<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/storage-units\/us\/ok\/\" target=\"_blank\" rel=\"noopener\">Oklahoma<\/a><\/td><td class=\"column-3\">7,839<\/td><td class=\"column-4\">90<\/td>\n<\/tr>\n<tr class=\"row-16\">\n\t<td class=\"column-1\">15<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/storage-units\/us\/nd\/\" target=\"_blank\" rel=\"noopener\">North Dakota<\/a><\/td><td class=\"column-3\">5,999<\/td><td class=\"column-4\">-<\/td>\n<\/tr>\n<tr class=\"row-17\">\n\t<td class=\"column-1\">16<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/storage-units\/us\/va\/\" target=\"_blank\" rel=\"noopener\">Virginia<\/a><\/td><td class=\"column-3\">5,712<\/td><td class=\"column-4\">139<\/td>\n<\/tr>\n<tr class=\"row-18\">\n\t<td class=\"column-1\">17<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/storage-units\/us\/sd\/\" target=\"_blank\" rel=\"noopener\">South Dakota<\/a><\/td><td class=\"column-3\">5,304<\/td><td class=\"column-4\">100<\/td>\n<\/tr>\n<tr class=\"row-19\">\n\t<td class=\"column-1\">18<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/storage-units\/us\/mt\/\" target=\"_blank\" rel=\"noopener\">Montana<\/a><\/td><td class=\"column-3\">2,234<\/td><td class=\"column-4\">101<\/td>\n<\/tr>\n<tr class=\"row-20\">\n\t<td class=\"column-1\">19<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/storage-units\/us\/mo\/\" target=\"_blank\" rel=\"noopener\">Missouri<\/a><\/td><td class=\"column-3\">2,171<\/td><td class=\"column-4\">112<\/td>\n<\/tr>\n<tr class=\"row-21\">\n\t<td class=\"column-1\">20<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/storage-units\/us\/me\/\" target=\"_blank\" rel=\"noopener\">Maine<\/a><\/td><td class=\"column-3\">2,126<\/td><td class=\"column-4\">135<\/td>\n<\/tr>\n<tr class=\"row-22\">\n\t<td class=\"column-1\">21<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/storage-units\/us\/de\/\" target=\"_blank\" rel=\"noopener\">Delaware<\/a><\/td><td class=\"column-3\">1,928<\/td><td class=\"column-4\">131<\/td>\n<\/tr>\n<tr class=\"row-23\">\n\t<td class=\"column-1\">22<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/storage-units\/us\/dc\/\" target=\"_blank\" rel=\"noopener\">District Of Columbia<\/a><\/td><td class=\"column-3\">1,392<\/td><td class=\"column-4\">161<\/td>\n<\/tr>\n<tr class=\"row-24\">\n\t<td class=\"column-1\">23<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/storage-units\/us\/or\/\" target=\"_blank\" rel=\"noopener\">Oregon<\/a><\/td><td class=\"column-3\">1,163<\/td><td class=\"column-4\">145<\/td>\n<\/tr>\n<tr class=\"row-25\">\n\t<td class=\"column-1\">24<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/storage-units\/us\/ne\/\" target=\"_blank\" rel=\"noopener\">Nebraska<\/a><\/td><td class=\"column-3\">864<\/td><td class=\"column-4\">99<\/td>\n<\/tr>\n<tr class=\"row-26\">\n\t<td class=\"column-1\">25<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/storage-units\/us\/ri\/\" target=\"_blank\" rel=\"noopener\">Rhode Island<\/a><\/td><td class=\"column-3\">-301<\/td><td class=\"column-4\">140<\/td>\n<\/tr>\n<tr class=\"row-27\">\n\t<td class=\"column-1\">26<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/storage-units\/us\/ia\/\" target=\"_blank\" rel=\"noopener\">Iowa<\/a><\/td><td class=\"column-3\">-1,962<\/td><td class=\"column-4\">101<\/td>\n<\/tr>\n<tr class=\"row-28\">\n\t<td class=\"column-1\">27<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/storage-units\/us\/vt\/\" target=\"_blank\" rel=\"noopener\">Vermont<\/a><\/td><td class=\"column-3\">-2,309<\/td><td class=\"column-4\">-<\/td>\n<\/tr>\n<tr class=\"row-29\">\n\t<td class=\"column-1\">28<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/storage-units\/us\/wy\/\" target=\"_blank\" rel=\"noopener\">Wyoming<\/a><\/td><td class=\"column-3\">-2,399<\/td><td class=\"column-4\">95<\/td>\n<\/tr>\n<tr class=\"row-30\">\n\t<td class=\"column-1\">29<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/storage-units\/us\/ks\/\" target=\"_blank\" rel=\"noopener\">Kansas<\/a><\/td><td class=\"column-3\">-2,892<\/td><td class=\"column-4\">113<\/td>\n<\/tr>\n<tr class=\"row-31\">\n\t<td class=\"column-1\">30<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/storage-units\/us\/ct\/\" target=\"_blank\" rel=\"noopener\">Connecticut<\/a><\/td><td class=\"column-3\">-3,492<\/td><td class=\"column-4\">141<\/td>\n<\/tr>\n<tr class=\"row-32\">\n\t<td class=\"column-1\">31<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/storage-units\/us\/id\/\" target=\"_blank\" rel=\"noopener\">Idaho<\/a><\/td><td class=\"column-3\">-3,969<\/td><td class=\"column-4\">102<\/td>\n<\/tr>\n<tr class=\"row-33\">\n\t<td class=\"column-1\">32<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/storage-units\/us\/wv\/\" target=\"_blank\" rel=\"noopener\">West Virginia<\/a><\/td><td class=\"column-3\">-4,223<\/td><td class=\"column-4\">101<\/td>\n<\/tr>\n<tr class=\"row-34\">\n\t<td class=\"column-1\">33<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/storage-units\/us\/al\/\" target=\"_blank\" rel=\"noopener\">Alabama<\/a><\/td><td class=\"column-3\">-4,232<\/td><td class=\"column-4\">108<\/td>\n<\/tr>\n<tr class=\"row-35\">\n\t<td class=\"column-1\">34<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/storage-units\/us\/nm\/\" target=\"_blank\" rel=\"noopener\">New Mexico<\/a><\/td><td class=\"column-3\">-4,415<\/td><td class=\"column-4\">114<\/td>\n<\/tr>\n<tr class=\"row-36\">\n\t<td class=\"column-1\">35<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/storage-units\/us\/ak\/\" target=\"_blank\" rel=\"noopener\">Alaska<\/a><\/td><td class=\"column-3\">-4,675<\/td><td class=\"column-4\">196<\/td>\n<\/tr>\n<tr class=\"row-37\">\n\t<td class=\"column-1\">36<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/storage-units\/us\/nh\/\" target=\"_blank\" rel=\"noopener\">New Hampshire<\/a><\/td><td class=\"column-3\">-5,277<\/td><td class=\"column-4\">135<\/td>\n<\/tr>\n<tr class=\"row-38\">\n\t<td class=\"column-1\">37<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/storage-units\/us\/ut\/\" target=\"_blank\" rel=\"noopener\">Utah<\/a><\/td><td class=\"column-3\">-5,738<\/td><td class=\"column-4\">122<\/td>\n<\/tr>\n<tr class=\"row-39\">\n\t<td class=\"column-1\">38<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/storage-units\/us\/ar\/\" target=\"_blank\" rel=\"noopener\">Arkansas<\/a><\/td><td class=\"column-3\">-7,236<\/td><td class=\"column-4\">97<\/td>\n<\/tr>\n<tr class=\"row-40\">\n\t<td class=\"column-1\">39<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/storage-units\/us\/mn\/\" target=\"_blank\" rel=\"noopener\">Minnesota<\/a><\/td><td class=\"column-3\">-8,502<\/td><td class=\"column-4\">121<\/td>\n<\/tr>\n<tr class=\"row-41\">\n\t<td class=\"column-1\">40<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/storage-units\/us\/oh\/\" target=\"_blank\" rel=\"noopener\">Ohio<\/a><\/td><td class=\"column-3\">-9,137<\/td><td class=\"column-4\">103<\/td>\n<\/tr>\n<tr class=\"row-42\">\n\t<td class=\"column-1\">41<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/storage-units\/us\/ky\/\" target=\"_blank\" rel=\"noopener\">Kentucky<\/a><\/td><td class=\"column-3\">-9,925<\/td><td class=\"column-4\">109<\/td>\n<\/tr>\n<tr class=\"row-43\">\n\t<td class=\"column-1\">42<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/storage-units\/us\/ms\/\" target=\"_blank\" rel=\"noopener\">Mississippi<\/a><\/td><td class=\"column-3\">-11,806<\/td><td class=\"column-4\">117<\/td>\n<\/tr>\n<tr class=\"row-44\">\n\t<td class=\"column-1\">43<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/storage-units\/us\/md\/\" target=\"_blank\" rel=\"noopener\">Maryland<\/a><\/td><td class=\"column-3\">-15,364<\/td><td class=\"column-4\">148<\/td>\n<\/tr>\n<tr class=\"row-45\">\n\t<td class=\"column-1\">44<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/storage-units\/us\/pa\/\" target=\"_blank\" rel=\"noopener\">Pennsylvania<\/a><\/td><td class=\"column-3\">-16,932<\/td><td class=\"column-4\">128<\/td>\n<\/tr>\n<tr class=\"row-46\">\n\t<td class=\"column-1\">45<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/storage-units\/us\/nj\/\" target=\"_blank\" rel=\"noopener\">New Jersey<\/a><\/td><td class=\"column-3\">-26,016<\/td><td class=\"column-4\">152<\/td>\n<\/tr>\n<tr class=\"row-47\">\n\t<td class=\"column-1\">46<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/storage-units\/us\/ma\/\" target=\"_blank\" rel=\"noopener\">Massachusetts<\/a><\/td><td class=\"column-3\">-26,250<\/td><td class=\"column-4\">155<\/td>\n<\/tr>\n<tr class=\"row-48\">\n\t<td class=\"column-1\">47<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/storage-units\/us\/la\/\" target=\"_blank\" rel=\"noopener\">Louisiana<\/a><\/td><td class=\"column-3\">-27,696<\/td><td class=\"column-4\">122<\/td>\n<\/tr>\n<tr class=\"row-49\">\n\t<td class=\"column-1\">48<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/storage-units\/us\/mi\/\" target=\"_blank\" rel=\"noopener\">Michigan<\/a><\/td><td class=\"column-3\">-32,640<\/td><td class=\"column-4\">118<\/td>\n<\/tr>\n<tr class=\"row-50\">\n\t<td class=\"column-1\">49<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/storage-units\/us\/il\/\" target=\"_blank\" rel=\"noopener\">Illinois<\/a><\/td><td class=\"column-3\">-37,860<\/td><td class=\"column-4\">126<\/td>\n<\/tr>\n<tr class=\"row-51\">\n\t<td class=\"column-1\">50<\/td><td class=\"column-2\"><a href=\"https:\/\/www.rentcafe.com\/storage-units\/us\/ca\/\" target=\"_blank\" rel=\"noopener\">California<\/a><\/td><td class=\"column-3\">-65,077<\/td><td class=\"column-4\">178<\/td>\n<\/tr>\n<tr class=\"row-52\">\n\t<td class=\"column-1\">51<\/td><td class=\"column-2\"><a href=\"https:\/\/www.storagecafe.com\/self-storage\/us\/ny\/\" target=\"_blank\" rel=\"noopener\">New York<\/a><\/td><td class=\"column-3\">-86,330<\/td><td class=\"column-4\">174<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<span id=\"tablepress-556-description\" class=\"tablepress-table-description tablepress-table-description-id-556\"><span style=\"font-size:90%;\"><br \/>\nRentCafe Self Storage analysis of Yardi Matrix data.<br> The symbol \"-\" represents no data.<\/span><br \/>\n<\/span>\n<!-- #tablepress-556 from cache -->\n<p>Texas and North Carolina saw the largest net renter gains \u2014 and developers in both states seemed to have anticipated the surge in demand. In these two states, both <a href=\"https:\/\/www.storagecafe.com\/blog\/housing-inventory-in-the-us\/\" target=\"_blank\" rel=\"noopener\">local housing and self storage inventories<\/a> have expanded more than anywhere else in the country over the past two decades, keeping pace with rising demand.<\/p>\n<p>The most affordable self storage market is Oklahoma, where average rents dropped to $90 in January 2025, a 0.5% decrease from the previous year.<\/p>\n<p>On the other end, <a href=\"https:\/\/www.rentcafe.com\/storage-units\/us\/hi\/\" target=\"_blank\" rel=\"noopener\">Hawaii<\/a> stands out with the highest rates, averaging $261 per month\u2014an increase of nearly 1% year-over-year. A rapidly expanding renter pool, driven by a net gain of 9,000 new renters, is fueling demand for both housing and storage. However, limited self storage supply leaves the state underserved for space. Adding to the squeeze, <a href=\"https:\/\/www.rentcafe.com\/storage-units\/us\/hi\/honolulu\/\" target=\"_blank\" rel=\"noopener\">Honolulu<\/a> has the smallest average apartment size in the country (610 sq. ft.) and one of the slowest multifamily housing growth rates (just 17% from 2003 to 2025), making the market more competitive than ever.<\/p>\n<p>Here\u2019s a look at <strong>self storage trends in the 10 states where more renters are moving in than moving out.<\/strong><\/p>\n<h2>1. Texas<\/h2>\n<p><strong>Net renter gains from interstate migration: 96,200<\/strong><br \/>\n<strong>Self storage street rate: $117\/month<\/strong><br \/>\n<strong>Self storage space per capita: 11.3 sq. ft.<\/strong><\/p>\n<p><strong><a href=\"https:\/\/www.rentcafe.com\/storage-units\/us\/tx\/\" target=\"_blank\" rel=\"noopener\">Texas<\/a><\/strong> saw almost 342,000 renters migrating into the state and 245,426 moving out. That\u2019s a net gain of 96,278 renters who can enjoy a self storage market that\u2019s both affordable and well-supplied. Texas has over 11 square feet of self storage per capita and an average rate of $117.<\/p>\n<p>Not that Texas would be short stocked on multifamily housing. The state is actually leading the nation in this regard, as 15 of its cities stand out as some of the top performers in new construction from 2005 to 2023.<\/p>\n<p>For instance, Frisco expanded its multifamily stock by a whopping 1,242% and its self storage inventory by 141% \u2014 adding roughly 1.7 million square feet. Currently, <a href=\"https:\/\/www.rentcafe.com\/storage-units\/us\/tx\/frisco\/\" target=\"_blank\" rel=\"noopener\">storage units in Frisco<\/a> rent for around $155 per month. A similar trend can be seen in <a href=\"https:\/\/www.rentcafe.com\/storage-units\/us\/tx\/mckinney\/\" target=\"_blank\" rel=\"noopener\">McKinney<\/a>, where units rent for about $144 per month, and in <a href=\"https:\/\/www.rentcafe.com\/storage-units\/us\/tx\/montgomery-county\/the-woodlands\/\" target=\"_blank\" rel=\"noopener\">The Woodlands<\/a>, where the average storage rate is $194.<\/p>\n<h2>2. North Carolina<\/h2>\n<p><strong>Net renter gains from interstate migration: 70,800<\/strong><br \/>\n<strong>Self storage street rate: $113\/month<\/strong><br \/>\n<strong>Self storage space per capita: 10.2 sq. ft.<\/strong><\/p>\n<p><strong><a href=\"https:\/\/www.rentcafe.com\/storage-units\/us\/nc\/\" target=\"_blank\" rel=\"noopener\">North Carolina<\/a><\/strong> experienced a net gain of nearly 71,000 renters in 2023, and its self storage market seems well-positioned to meet the increased demand. Its supply averages over 10 square feet per capita, with an average rent of $113, well below the national average of $134.<\/p>\n<p>North Carolina excels in new multifamily housing construction, second only to Texas. Charlotte, the state&#8217;s capital, saw a 245% increase in its housing stock and a 96% expansion in self storage inventory. Meanwhile, <a href=\"https:\/\/www.rentcafe.com\/storage-units\/us\/nc\/cary\/\" target=\"_blank\" rel=\"noopener\">Cary<\/a> and <a href=\"https:\/\/www.rentcafe.com\/storage-units\/us\/nc\/durham\/\" target=\"_blank\" rel=\"noopener\">Durham<\/a> are among North Carolina\u2019s top performers in both new housing and self storage development. This growth is reflected in self storage rates across these cities, with average monthly costs at $138 in Charlotte, $116 in Cary and $104 in Durham.<\/p>\n<h2>3. Colorado<\/h2>\n<p><strong>Net renter gains from interstate migration: 34,900<\/strong><br \/>\n<strong>Self storage street rate: $131\/month<\/strong><br \/>\n<strong>Self storage space per capita: 8.5 sq. ft.<\/strong><\/p>\n<p>Colorado\u2019s renter population grew by nearly 35,000 in 2023 \u2014 a surge that\u2019s driving demand not just for housing, but for extra space, too. With the state\u2019s already tight rental market and limited multifamily development outside the Denver core, renters often face tough trade-offs between space and location.<\/p>\n<p>Fortunately, the state\u2019s self storage market is keeping up, offering around 8.5 square feet of storage per person. With average street rates at $131 as of January 2025, renters have relatively easy access to convenient and flexible <a href=\"https:\/\/www.rentcafe.com\/storage-units\/us\/co\/\" target=\"_blank\" rel=\"noopener\">Colorado self storage options<\/a> to help ease the transition into a new home.<\/p>\n<h2>4. Georgia<\/h2>\n<p><strong>Net renter gains from interstate migration: 33,000<\/strong><br \/>\n<strong>Self storage street rate: $118\/month<\/strong><br \/>\n<strong>Self storage space per capita: 9.7 sq. ft.<\/strong><\/p>\n<p>Georgia welcomed nearly 33,000 new renters recently \u2014 and with that kind of growth, it\u2019s no surprise that demand for both housing and storage is on the rise. Luckily, the self storage scene here is keeping up. The state offers nearly 10 square feet of storage per person, and with average rates around $118 \u2014 down 5% from last year \u2014 it\u2019s one of the more affordable options among the top 15 states. Plus, with Atlanta growing its multifamily stock by 177%, there\u2019s plenty of room for new renters to settle in, with <a href=\"https:\/\/www.rentcafe.com\/storage-units\/us\/ga\/atlanta\/\" target=\"_blank\" rel=\"noopener\">Atlanta storage units<\/a> ready to help ease the transition.<\/p>\n<h2>5. Washington<\/h2>\n<p><strong>Net renter gains from interstate migration: 25,500<\/strong><br \/>\n<strong>Self storage street rate: $155\/month<\/strong><br \/>\n<strong>Self storage space per capita: 8.4 sq. ft.<\/strong><\/p>\n<p><strong><a href=\"https:\/\/www.rentcafe.com\/storage-units\/us\/wa\/\" target=\"_blank\" rel=\"noopener\">Washington<\/a><\/strong> saw a net increase of over 25,000 renters \u2014 a shift that\u2019s likely to further support self storage demand. Despite an above-average supply of 8.4 square feet per capita, the state\u2019s average street rate remains relatively high at $155.<\/p>\n<p>Among the top migration hotspots, Washington is the only state to record a year-over-year rate increase \u2014 even if modest at 0.4%. This trend aligns with local housing challenges: many cities across the state are undersupplied with multifamily units, while others offer smaller apartments that may drive renters to seek additional space. For instance, Seattle has some of the smallest apartments in the U.S., averaging just 669 square feet.<\/p>\n<h2>6. Arizona<\/h2>\n<p><strong>Net renter gains from interstate migration: 21,200<\/strong><br \/>\n<strong>Self storage street rate: $122\/month<\/strong><br \/>\n<strong>Self storage space per capita: 8.9 sq. ft.<\/strong><\/p>\n<p><strong><a href=\"https:\/\/www.rentcafe.com\/storage-units\/us\/az\/\" target=\"_blank\" rel=\"noopener\">Arizona<\/a><\/strong> realized a net gain of over 21,000 renters and benefits from a well-supplied self storage market. As of January, the state offers nearly 9 square feet of storage per capita, keeping the average street rate at $122 \u2013 well below the national average. This friendly self storage market aligns with the growing demand for extra space, fueled by intense multifamily development. With the state\u2019s rapidly expanding multifamily housing stock, particularly in <a href=\"https:\/\/www.rentcafe.com\/storage-units\/us\/az\/gilbert\/\" target=\"_blank\" rel=\"noopener\">Gilbert<\/a>, <a href=\"https:\/\/www.rentcafe.com\/storage-units\/us\/az\/avondale\/\" target=\"_blank\" rel=\"noopener\">Avondale<\/a> and <a href=\"https:\/\/www.rentcafe.com\/storage-units\/us\/az\/surprise\/\" target=\"_blank\" rel=\"noopener\">Surprise<\/a>, moving activity is picking up steam\u2014driving self storage demand along with it.<\/p>\n<h2>7. Nevada<\/h2>\n<p><strong>Net renter gains from interstate migration: 20,500<\/strong><br \/>\n<strong>Self storage street rate: $129\/month<\/strong><br \/>\n<strong>Self storage space per capita: 11.5 sq. ft.<\/strong><\/p>\n<p><strong><a href=\"https:\/\/www.rentcafe.com\/storage-units\/us\/nv\/\" target=\"_blank\" rel=\"noopener\">Nevada<\/a><\/strong> saw a net gain of 21,000 new renters, and they\u2019re stepping into a generally renter-friendly self storage market \u2014 with 11.5 square feet of space per capita and average street rates around $122. In the state\u2019s fastest-growing areas, Henderson has expanded its multifamily inventory by nearly 300%, while North Las Vegas has grown its stock by close to 250%. With that level of residential growth, self storage availability is well-positioned to support new residents who need a little extra space.<\/p>\n<h2>8. Florida<\/h2>\n<p><strong>Net renter gains from interstate migration: 18,900<\/strong><br \/>\n<strong>Self storage street rate: $140\/month<\/strong><br \/>\n<strong>Self storage space per capita: 9.4 sq. ft.<\/strong><\/p>\n<p><a href=\"https:\/\/www.rentcafe.com\/storage-units\/us\/fl\/\" target=\"_blank\" rel=\"noopener\"><strong>Florida<\/strong><\/a> had the second-highest number of renters moving in \u2014 262,416 \u2014 but also saw the largest number moving out, with 243,530 departures. That leaves the state with a modest net gain of just under 19,000 renters. Despite an above-average self storage supply of 9.4 square feet per capita, demand remains high. Average street rates sit at $140 \u2014 slightly above the national average \u2014 likely due to the constant churn from population turnover.<\/p>\n<p>Certain cities are helping shape this trend. For instance, Miami Gardens has significantly expanded its multifamily housing stock, while other places, like Miami Beach, offer some of the smallest apartments in the country, averaging just 692 square feet. As new developments bring in fresh waves of residents \u2014 and limited space continues to be a challenge \u2014 self storage becomes a practical solution. Together, these factors are helping to drive continued demand for self storage across Florida.<\/p>\n<h2>9. Tennessee<\/h2>\n<p><strong>Net renter gains from interstate migration: 18,600<\/strong><br \/>\n<strong>Self storage street rate: $115\/month<\/strong><br \/>\n<strong>Self storage space per capita: 9.8 sq. ft.<\/strong><\/p>\n<p><a href=\"https:\/\/www.rentcafe.com\/storage-units\/us\/tn\/\" target=\"_blank\" rel=\"noopener\"><strong>Tennessee<\/strong><\/a> saw a net gain of 18,643 renters. The state offers an above-average self storage supply, with 9.4 square feet per capita, helping keep rates affordable at around $115. This makes the self storage market especially welcoming to new residents \u2014 many of whom may need extra space as they settle into apartment living. For example, Memphis has grown its multifamily stock by 27% between 2005 and 2023, reflecting steady housing development that often goes hand in hand with increased demand for storage.<\/p>\n<h2>10. Indiana<\/h2>\n<p><strong>Net renter gains from interstate migration: 18,400<\/strong><br \/>\n<strong>Self storage street rate: $99\/month<\/strong><br \/>\n<strong>Self storage space per capita: 8.2 sq. ft.<\/strong><\/p>\n<p><a href=\"https:\/\/www.rentcafe.com\/storage-units\/us\/in\/\" target=\"_blank\" rel=\"noopener\">Indiana<\/a> experienced a net gain of 18,353 renters \u2014 and they\u2019re entering one of the most renter-friendly self storage markets among the top migration hotspots. The state offers an above-average supply of 8.2 square feet per capita, with average rates hovering around $99. That\u2019s a major advantage for renters, especially in cities like Hammond, where apartments are among the smallest in the country, averaging just 706 square feet. With limited in-unit space, affordable self storage can be a helpful extension of home for many new residents.<\/p>\n<p>Here is <strong>the full list of states ranked by net renter gains, along with essential data on how the self storage market stacks up in each case<\/strong>.<\/p>\n<p><iframe id=\"datawrapper-chart-sJ428\" style=\"width: 0; min-width: 100% !important; border: none;\" title=\"Best vs. Worst States for Net Renter Gains: How Self Storage Stacks Up\" src=\"https:\/\/datawrapper.dwcdn.net\/sJ428\/4\/\" height=\"582\" frameborder=\"0\" scrolling=\"no\" aria-label=\"Table\" data-external=\"1\"><\/iframe><script type=\"text\/javascript\">!function(){\"use strict\";window.addEventListener(\"message\",(function(a){if(void 0!==a.data[\"datawrapper-height\"]){var e=document.querySelectorAll(\"iframe\");for(var t in a.data[\"datawrapper-height\"])for(var r=0;r<e.length;r++)if(e[r].contentWindow===a.source){var i=a.data[\"datawrapper-height\"][t]+\"px\";e[r].style.height=i}}}))}();<\/script><\/p>\n<p>Self storage plays a big role in helping renters settle into new homes. The good news? Most of the top migration hotspots offer below-average storage costs, making the transition a bit easier for those on the move \u2014 especially when their new apartments are on the smaller side. States like Oklahoma, Indiana and Georgia stand out for their affordability, while places like Texas and North Carolina have done their homework by expanding both housing and storage supply.<\/p>\n<p>On the flip side, markets with tight storage availability \u2014 like D.C. and Hawaii \u2014 are feeling the pressure, with rising rents making storage a costly add-on for new arrivals. As migration trends continue to shift, self storage will remain a key part of the equation in determining just how renter-friendly a state really is.<\/p>\n<h2>Methodology<\/h2>\n<p>This analysis was conducted by\u202fRentCafe, an online platform offering nationwide listings for apartments and <a href=\"https:\/\/www.rentcafe.com\/self-storage-near-me\/\" target=\"_blank\" rel=\"noopener\">storage units<\/a>.<\/p>\n<p>This report ranks all U.S. states, along with the District of Columbia, based on net renter migration \u2014 determined by subtracting the number of renters leaving each location from the number moving in.<\/p>\n<p>Housing stock data is sourced from the American Community Survey\u2019s one-year estimates, except for 2020, which relies on the five-year survey\u2019s figures on housing construction and inventory growth.<\/p>\n<p>Data on self storage comes from <a href=\"https:\/\/www.yardimatrix.com\/\" target=\"_blank\" rel=\"noopener\">Yardi Matrix<\/a>, a business development and asset management tool for brokers, sponsors, banks and equity sources underwriting investments in the multifamily, office, industrial and self storage sectors.<\/p>\n<h2>Fair use and distribution<\/h2>\n<p>This study serves as a resource for the general public on issues of common interest and should not be regarded as investment advice. The data is true to the best of our knowledge but may change if amendments to it are made. We agree to the distribution of this content, but we do require a mention in return for attribution purposes.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways: Self storage prices are more affordable in high-migration states. Texas and North Carolina, the biggest magnets of new renters, are well-supplied on both multifamily housing and self storage. Oklahoma has the most affordable self storage rates nationwide. D.C. and Hawaii have some of the lowest supplies and highest self storage rent rates. Balancing&hellip;<\/p>\n","protected":false},"author":3586,"featured_media":138896,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[25090],"tags":[],"class_list":["post-138887","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-self-storage","gallery-content-unit"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Top Renter Migration Hotspots: How Does Self Storage Stack Up?<\/title>\n<meta name=\"description\" content=\"In the nation&#039;s top migration hotspots, self storage can serve as a buffer for residents seeking to maximize their living space. 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