Bakersfield Self Storage Market Statistics:

Rent Prices, Local Inventory and Development Trends (October 2023)

Self storage has become crucial for navigating major life events. It can be particularly useful for events such as moving, downsizing and when changes in household composition occur, as well as when engaging in home remodeling projects and organizational endeavors. Bakersfield offers plenty of self storage options to cater to all needs and budgets.

How much does a storage unit cost in Bakersfield, CA?

Currently, the average cost of a 10x10 storage unit in Bakersfield is $89/month, an increase of 2.3% compared to last year. Nationally, self storage street rates for 10×10 non-climate-controlled units saw a 4.6% year-over-year decrease, registering an average of $124 in October, 2023.

Bakersfield self storage prices by unit size

Besides the standard 10x10 unit, the Bakersfield self storage market includes several other types of units that can vary in terms of size and amenities, and naturally, price.

For instance, a 5x5 self storage unit in Bakersfield rents for $37, while a 5x10 unit would cost $56/month. Average street rates for a 10x20 unit stand at $140/month. Non-climate-controlled units typically come with lower price tags than their climate-controlled counterparts of the same size.

Non-Climate-Controlled Units*
Unit Size Avg. Street Rate
5x5 $37
5x10 $56
10x10 $89
10x15 $123
10x20 $140
10x30 $188
Climate-Controlled Units*
Unit Size Avg. Street Rate
5x5 $33
5x10 $88
10x10 $135
10x15 $181
10x20 $159
10x30 N/A

* Average monthly rates for Bakersfield in October 2023.

Average storage unit cost in Bakersfield by neighborhood

Self storage prices can vary depending on location as some neighborhoods might offer more budget-friendly self storage rates than others.

You can find cheap Bakersfield storage units in Homaker Park, where the standard self storage unit goes for $81/mo. on average, in Riviera - Westchester, where renters pay $84/mo. on average, and in Windsong, where the average street rates hover around $86/mo.

If you’re looking for other great deals, check out self storage listings, and their average street rates, in Panorama ($92) and Benton Park ($97).

Other neighborhoods, on the other hand, come with higher street rates. The most expensive neighborhood in Bakersfield is Meadows Field Airport with a monthly average street rate of $335, followed by Villages of Brimhall - Brimhall Classics.

Cheapest Neighborhoods for Self Storage
# Neighborhood Average Street Rate
1 Homaker Park $81
2 Riviera - Westchester $84
3 Windsong $86
4 Panorama $92
5 Benton Park $97
Most Expensive Neighborhoods for Self Storage
# Neighborhood Average Street Rate
1 Meadows Field Airport $335
2 Villages of Brimhall - Brimhall Classics $195
3 Tevis Ranch $167
4 Hampton Woods $153
5 Stonegate $151

Compare average storage prices in Bakersfield neighborhoods

Want to find the best self storage deals? Browse listings in your preferred Bakersfield neighborhoods and Bakersfield Zip Codes for more details on what’s available and compare rent prices, unit sizes and amenities.

How Bakersfield, CA, Self Storage Compares With Other Cities

How self storage costs in Bakersfield compare to prices in other nearby cities

Check out the table below to see how self storage in Bakersfield compares rent-wise to other places in the state of California.

# City Average Street Rate
1 Ojai, CA $223
2 Oak View, CA $220
3 Fillmore, CA $156
4 Tehachapi, CA $132
5 Delano, CA $128
6 Shafter, CA $122
7 Rosamond, CA $116
8 Porterville, CA $89
9 Bakersfield, CA $89
10 Tulare, CA $86

Average street rates for non-climate-controlled 10x10 units for October 2023.

How self storage costs in Bakersfield compare to rates in other sought-after cities in the US

Check out the table below to see how self storage rent in Bakersfield compares to other popular cities in the US.

# City Average Street Rate
1 New York City, NY $252
2 Las Vegas, NV $120
3 Phoenix, AZ $119
4 Austin, TX $115
5 Dallas, TX $111
6 Tucson, AZ $111
7 San Antonio, TX $109
8 Houston, TX $94
9 Bakersfield, CA $89
10 Indianapolis, IN $84

Average street rates for non-climate-controlled 10x10 units for October 2023.

Self storage market size in Bakersfield, CA

Bakersfield self storage market statistics

No. of self storage units approx. 2,431
No. of self storage facilities 53
Local self storage inventory (sq. ft.) 4,991,424
Self storage sq. ft. per capita 8.8
Average self storage rent in Bakersfield for a standard 10x10 unit $89

Bakersfield self storage construction trends

The self storage sector has maintained an active development pipeline in recent years.

Currently, there are 53 self storage facilities and approx. 2,431 storage units in Bakersfield. The local inventory encompasses 4,991,424 square feet of storage space, offering 8.8 square feet per capita.

What’s driving demand for self storage?

Quick overview of the Bakersfield housing market

Total no. of households 123,334
Y-o-y change in no. of households 5.4%
Renter households in Bakersfield 49,439
Homeowner households in Bakersfield 73,895
Households with mortgages in Bakersfield 54,379
Median number of rooms (all housing units) 5.2
Average apartment size (sq. ft.) 874
Average home size (sq. ft.) N/A
Average apartment rent $1,477
Median home value $277,900
Working from home (% of total working population) 5.8%

Self storage for residential clients: key facts and figures about the Bakersfield housing market

Generally associated with life events, the self storage industry is equipped to respond to people with changing housing situations, whether that means moving, downsizing, welcoming a new baby, or embracing multi-generational living. Lifestyle choices are also a demand driver for self storage, including preferences for snowbirding, digital nomading and RV travelling.

Looking at the type of residential customers that the Bakersfield self storage sector serves, it caters to both renters and homeowners, acting as extensions of their homes when living spaces are not big enough for the things people own.

Bakersfield is home to 49,439 renters and 73,895 homeowners. The average apartment size in Bakersfield is 874 sq. ft.

Self storage for business

Alongside the residential sector, self storage responds to needs arising from conducting business. Entrepreneurs and small business owners, including brick-and-mortar retailers, can turn to self storage to store their merchandise all while keeping it accessible.

Legal and medical professionals often turn to self storage as they are generally required to keep hard copies of their records. Realtors and interior designers also find self storage particularly useful for temporarily storing staging furniture. Moreover, blue collar businesses can benefit from storing their heavy equipment and supplies close to their work site.

Self storage interest: How customers search for Bakersfield self storage

Interest for self storage has been growing over the last decade, as Google Trends data shows. We’ve looked at the most popular keyword used in conjunction with Bakersfield self storage-related searches, "self storage", to see the latest trends in consumer search habits. June, July and August are generally the most popular months for self storage searches.

Data Source:  Google Trends

Self storage market trends in cities

Where does our data come from?

All data related to self storage was compiled by StorageCafe, an online self storage search portal featuring nearly 27,000 listings across the U.S.

The self storage rental statistics on this page were sourced from our sister company, Yardi Matrix, the industry's most comprehensive market intelligence tool for investment professionals, equity investors, lenders and property managers who underwrite and manage investments in the multifamily, student housing, self storage, office and industrial sectors. Yardi Matrix maintains operational profiles for over 30,000 self storage facilities across the U.S.

Average home size data is from PropertyShark, while demographic data is from the latest U.S. Census Bureau release, the 2020 American Community Survey.