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San Francisco Self Storage Market Statistics:

Rent Prices, Local Inventory and Development Trends (April 2022)

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. San Francisco offers plenty of self storage options to cater to all needs and budgets.

How much does a storage unit cost in San Francisco, CA?

Currently, the average cost of a 10x10 storage unit in San Francisco is $269/month, a decrease of 2.5% compared to last year. Nationally, self storage street rates for 10×10 non-climate-controlled units saw a 4.8% year-over-year increase, registering an average of $130 in April, 2022.

San Francisco self storage prices by unit size

Besides the standard 10x10 unit, the San Francisco 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 San Francisco rents for $117, while a 5x10 unit would cost $173/month. Average street rates for a 10x20 unit stand at $488/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 $117
5x10 $173
10x10 $269
10x15 $368
10x20 $488
10x30 $629
Climate-Controlled Units*
Unit Size Avg. Street Rate
5x5 $118
5x10 $192
10x10 $264
10x15 $399
10x20 $479
10x30 $648

* Average monthly rates for San Francisco in April 2022.

Average storage unit cost in San Francisco 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 San Francisco storage units in Ingleside Heights, where the standard self storage unit goes for $196/mo. on average, in Inner Mission, where renters pay $214/mo. on average, and in South of Market, where the average street rates hover around $217/mo.

If you’re looking for other great deals, check out self storage listings, and their average street rates, in Potrero Hill ($220) and Central Waterfront - Dogpatch ($222).

Other neighborhoods, on the other hand, come with higher street rates. The most expensive neighborhood in San Francisco is Hunters Point with a monthly average street rate of $379, followed by Bayview.

Cheapest Neighborhoods for Self Storage
# Neighborhood Average Street Rate
1 Ingleside Heights $196
2 Inner Mission $214
3 South of Market $217
Most Expensive Neighborhoods for Self Storage
# Neighborhood Average Street Rate
1 Hunters Point $379
2 Bayview $311
3 Treasure Island $283

Compare average storage prices in San Francisco neighborhoods

Neighborhood prices
Whether you'd prefer a storage unit near your home, your office or somewhere else in the city, you can compare two of your preferred neighborhoods by selecting them on the left.
San Francisco avg. rent
Neighborhood #1
Neighborhood #2

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

How San Francisco, CA, Self Storage Compares With Other Cities

How self storage costs in San Francisco compare to prices in other nearby cities

Check out the table below to see how self storage in San Francisco compares rent-wise to other places within a 50-mile radius.

# City Average Street Rate
1 Mill Valley, CA $388
2 Berkeley, CA $304
3 Emeryville, CA $292
4 Daly City, CA $274
5 San Francisco, CA $269
6 South San Francisco, CA $264
7 Alameda, CA $240
8 Oakland, CA $209
9 Pacifica, CA $168
10 Millbrae, CA $166

Average street rates for non-climate-controlled 10x10 units for April 2022.

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

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

# City Average Street Rate
1 San Francisco, CA $269
2 New York City, NY $253
3 Las Vegas, NV $130
4 Phoenix, AZ $129
5 Austin, TX $121
6 Tucson, AZ $119
7 Dallas, TX $117
8 San Antonio, TX $112
9 Houston, TX $98
10 Indianapolis, IN $90

Average street rates for non-climate-controlled 10x10 units for April 2022.

Self storage market size in San Francisco, CA

San Francisco self storage market statistics

No. of self storage units approx. 3,571
No. of self storage facilities 29
Local self storage inventory (sq. ft.) 2,215,519
Self storage sq. ft. per capita 2.1
Average self storage rent in San Francisco for a standard 10x10 unit $269

San Francisco self storage construction trends

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

Currently, there are 29 self storage facilities and approx. 3,571 storage units in San Francisco. The local inventory encompasses 2,215,519 square feet of storage space, offering 2.1 square feet per capita.

What’s driving demand for self storage?

Quick overview of the San Francisco housing market

Total no. of households 362,354
Y-o-y change in no. of households 0.7%
Renter households in San Francisco 226,115
Homeowner households in San Francisco 136,239
Households with mortgages in San Francisco 89,924
Median number of rooms (all housing units) 4.0
Average apartment size (sq. ft.) 739
Average home size (sq. ft.) 1,350
Average apartment rent $3,272
Median home value $1,118,200
Working from home (# of total working population) 4.5%

Self storage for residential clients: key facts and figures about the San Francisco 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 San Francisco 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.

San Francisco is home to 226,115 renters and 136,239 homeowners. The average apartment size in San Francisco is 739 sq. ft. and the average San Francisco home size is 1,350 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 San Francisco 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 San Francisco 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 more than 25,000 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 29,000 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 2019 American Community Survey.