{"id":5065,"date":"2021-02-22T06:03:24","date_gmt":"2021-02-22T14:03:24","guid":{"rendered":"https:\/\/www.storagecafe.com\/blog\/?p=5065"},"modified":"2021-02-22T22:51:54","modified_gmt":"2021-02-23T06:51:54","slug":"tallahassees-self-storage-street-rates-among-the-lowest-in-florida","status":"publish","type":"post","link":"https:\/\/www.storagecafe.com\/blog\/tallahassees-self-storage-street-rates-among-the-lowest-in-florida\/","title":{"rendered":"Tallahassee\u2019s Self Storage Street Rates Among the Lowest In Florida"},"content":{"rendered":"

The self storage industry ended 2020 on an upward trend, showing more resilience than other real estate sectors in the face of pandemic-induced challenges<\/a>. The national average street rate for a 10×10, non-climate-controlled unit stood at $118 this January, as Yardi Matrix<\/a> data shows, representing a 4% growth year-over-year.<\/p>\n

Most of the country\u2019s largest metro areas have seen increases in 2020, with the Philadelphia and Boston markets in the lead, both seeing local street rates grow a healthy 6% year-over-year. Rent growth was negative in only a couple of cities, including Nashville where rates went down 1%, and Minneapolis at-2%.<\/p>\n

In Florida\u2019s case, self storage street rates are either on an upward path or stagnant y-o-y, with one exception \u2014 Tallahassee.<\/p>\n

<\/span>Tallahassee residents enjoy lowering self storage street rates \u2014 unlike the rest of Floridians<\/strong><\/span><\/h2>\n

The average street rate for a 10×10 storage unit in Tallahassee<\/a> was $97 this January, representing a 3% decrease year over year. Not only does the 385k-resident-strong metro enjoy lowering rates, but it also has one of the most affordable self storage markets in Florida.<\/p>\n

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