What a US self-storage facility actually costs in 2026.
State-level $/sqft heatmap. Full unit-size matrix from the Public Storage 2026 published price guide. Q1 2026 10-Q figures for the four major REITs (PSA, EXR, CUBE, NSA) direct from SEC EDGAR. Yardi Matrix April 2026 benchmarks. No affiliate links, no quote forms.
Map is schematic — anchored grid, not geographically accurate. Pricing source: SpareFoot industry statistics + Public Storage 2026 published price guide + Yardi Matrix April 2026. 35 unshaded states have no single primary-source 2026 figure publicly available. We do not fabricate.
Every standard unit size, climate vs non-climate.
National averages from the Public Storage 2026 published price guide. SpareFoot Feb 2026 cross-validates 10×10 within 5%. Climate-controlled premium nationally runs 20-30%; PSA's data shows a smaller premium because their owned mix skews to large-market climate-controlled product.
Source: https://www.publicstorage.com/blog/public-storage/the-complete-guide-to-storage-unit-prices-in-2026.html · Verified 2026-06-03.
Soon to be the Big 3.
Public Storage announced a $10.5B acquisition of National Storage Affiliates in March 2026; closing targeted Q3 2026. After close, the combined entity will operate over 4,000 facilities. All figures below are sourced from SEC EDGAR 10-Q / 10-K filings; click through to verify the line in the filing.
Q1 2026 revenue $1.22B. Same-store realized rent declined 0.3% YoY, occupancy +0.4ppt. Announced $10.5B acquisition of NSA in March 2026, closing Q3 2026.
SEC EDGAR ↗Q1 2026 revenue $856M. Same-store rental revenue +1.7%, NOI +1.2%. Largest by total store count (includes managed portfolio).
SEC EDGAR ↗Rent per sqft is FY2025 figure ($22.73). Same-store revenue +0.6% Q1 2026 — first positive print since mid-2024. 662 wholly-owned, 862 managed.
SEC EDGAR ↗Being acquired by Public Storage under March 2026 merger agreement ($10.5B). Each NSA share converts to 0.1400 PSA shares. Closing Q3 2026. After close the 'big 4' becomes a 'big 3'.
SEC EDGAR ↗What's driving the bifurcation.
Climate-controlled commands 20-30% premium vs non-climate nationally. In the Southeast (Birmingham, Huntsville, Jacksonville) the operating-cost component is higher because dehumidification runs year-round.
microflexspace.com ↗Boston leads US rent growth at +9.7% YoY because it has only 0.7 sqft per capita of self-storage — among the lowest in the country. Sunbelt cities with 8-10+ sqft per capita see negative rent growth.
www.yardimatrix.com ↗Phoenix and Sarasota-Cape Coral have 6.5% of existing inventory under construction and both show negative monthly rent momentum. Portland OR at 0.5% has supportive pricing dynamics.
www.yardimatrix.com ↗State-to-state migration hit 12-year low (~550k people) in 2025. Florida migration down 93% YoY, Texas / Georgia / Arizona down 50%+. Directly suppresses Sunbelt demand at the same time supply is delivering.
www.matthews.com ↗Subdued residential activity reduces the largest demand trigger — moves. The 4 Ds of storage demand (death, divorce, downsizing, dislocation) are all turnover-dependent.
www.matthews.com ↗