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St. Paul 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. St. Paul offers plenty of self storage options to cater to all needs and budgets.

How much does a storage unit cost in St. Paul, MN?

Currently, the average cost of a 10x10 storage unit in St. Paul is $120/month, a decrease of 2.4% 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.

St. Paul self storage prices by unit size

Besides the standard 10x10 unit, the St. Paul 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 St. Paul rents for $49, while a 5x10 unit would cost $78/month. Average street rates for a 10x20 unit stand at $206/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 $49
5x10 $78
10x10 $120
10x15 $174
10x20 $206
10x30 $273
Climate-Controlled Units*
Unit Size Avg. Street Rate
5x5 $50
5x10 $76
10x10 $117
10x15 $161
10x20 $212
10x30 $349

* Average monthly rates for St. Paul in April 2022.

Average storage unit cost in St. Paul 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 St. Paul storage units in West Side St. Paul, where the standard self storage unit goes for $118/mo. on average, in Saint Anthony Park, where renters pay $159/mo. on average, and in Highland, where the average street rates hover around $200/mo.

Compare average storage prices in St. Paul neighborhoods

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

How St. Paul, MN, Self Storage Compares With Other Cities

How self storage costs in St. Paul compare to prices in other nearby cities

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

# City Average Street Rate
1 Richfield, MN $122
2 White Bear Lake, MN $121
3 St. Paul, MN $120
4 Minneapolis, MN $112
5 Little Canada, MN $111
6 Vadnais Heights, MN $110
7 Woodbury, MN $110
8 Maplewood, MN $108
9 Inver Grove Heights, MN $108
10 Eagan, MN $102

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

How self storage costs in St. Paul compare to rates in other sought-after cities in the US

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

# City Average Street Rate
1 New York City, NY $253
2 Las Vegas, NV $130
3 Phoenix, AZ $129
4 Austin, TX $121
5 St. Paul, MN $120
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 St. Paul, MN

St. Paul self storage market statistics

No. of self storage units approx. 981
No. of self storage facilities 16
Local self storage inventory (sq. ft.) 1,877,784
Self storage sq. ft. per capita 3.7
Average self storage rent in St. Paul for a standard 10x10 unit $120

St. Paul self storage construction trends

The self storage sector has maintained an active development pipeline in recent years. In 2021 alone, about 157,500 square feet of self storage space came online in St. Paul, representing 8.4% of the existing inventory. Compared to the year before, self storage inventory in St. Paul has increased by 9.2%.

Currently, there are 16 self storage facilities and approx. 981 storage units in St. Paul. The local inventory encompasses 1,877,784 square feet of storage space, offering 3.7 square feet per capita.

What’s driving demand for self storage?

Quick overview of the St. Paul housing market

Total no. of households 113,154
Y-o-y change in no. of households 0.1%
Renter households in St. Paul 56,226
Homeowner households in St. Paul 56,928
Households with mortgages in St. Paul 40,531
Median number of rooms (all housing units) 5.1
Average apartment size (sq. ft.) 822
Average home size (sq. ft.) 1,590
Average apartment rent $1,362
Median home value $210,600
Working from home (# of total working population) 4.6%

Self storage for residential clients: key facts and figures about the St. Paul 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 St. Paul 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.

St. Paul is home to 56,226 renters and 56,928 homeowners. The average apartment size in St. Paul is 822 sq. ft. and the average St. Paul home size is 1,590 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 St. Paul 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 St. Paul 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.