Lincoln Self Storage Market Statistics:

Rent Prices, Local Inventory and Development Trends (October 2021)

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

How much does a storage unit cost in Lincoln, NE?

Currently, the average cost of a 10x10 storage unit in Lincoln is $92/month, a change of 7% compared to last year. Nationally, self storage street rates for 10×10 non-climate-controlled units saw a 8.5% year-over-year change, registering an average of $128 in October, 2021.

Lincoln self storage prices by unit size

Besides the standard 10x10 unit, the Lincoln 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 Lincoln rents for $42, while a 5x10 unit would cost $56/month. Average street rates for a 10x20 unit stand at $126/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 $42
5x10 $56
10x10 $92
10x15 $109
10x20 $126
10x30 $177
Climate-Controlled Units*
Unit Size Avg. Street Rate
5x5 $52
5x10 $67
10x10 $106
10x15 $125
10x20 $157
10x30 $198

* Average monthly rates for Lincoln in October 2021.

Average storage unit cost in Lincoln 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 storage units in Lincoln in Havelock, where the standard self storage unit goes for $101/mo. on average, in South Salt Creek, where renters pay $111/mo. on average, and in Hartley, where the average street rates hover around $126/mo.

If you’re looking for other great deals, check out listings in Indian Village and Far South Lincoln, where self storage street rates start at $24/mo. and $60/mo., respectively.

Other neighborhoods, on the other hand, come with higher street rates. The most expensive neighborhood in Lincoln is West A with a monthly average street rate of $170, followed by Bethany.

Compare average storage prices in Lincoln 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.
Lincoln avg. rent
Neighborhood #1
Neighborhood #2

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

How Lincoln, NE, Self Storage Compares With Other Cities

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

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

# City Average Street Rate
1 Papillion, NE $111
2 Lincoln, NE $92
3 Ralston, NE $87
4 Bellevue, NE $85
5 Bennington, NE $84
6 Omaha, NE $82
7 LA Vista, NE $74
8 Seward, NE $65
9 Blair, NE $61

Average street rates for non-climate-controlled 10x10 units for October 2021.

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

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

# City Average Street Rate
1 New York City, NY $247
2 Phoenix, AZ $127
3 Las Vegas, NV $125
4 Austin, TX $119
5 Dallas, TX $116
6 Tucson, AZ $114
7 San Antonio, TX $109
8 Houston, TX $95
9 Lincoln, NE $92
10 Indianapolis, IN $86

Average street rates for non-climate-controlled 10x10 units for October 2021.

Self storage market size in Lincoln, NE

Lincoln self storage market statistics

No. of self storage units approx. 1,026
No. of self storage facilities 31
Local self storage inventory (sq. ft.) 1,804,160
Self storage sq. ft. per capita 6.3
New self storage facilities set for delivery in 2021 N/A
New self storage supply set for delivery in 2021 (sq. ft.) N/A
Average self storage rent in Lincoln for a standard 10x10 unit $92

Lincoln self storage construction trends

The self storage sector has maintained an active development pipeline in recent years. In 2020 alone, about 94,013 square feet of self storage space came online in Lincoln, representing 5.2% of the existing inventory.

Currently, there are 31 self storage facilities and approx. 1,026 storage units in Lincoln. The local inventory encompasses 1,804,160 square feet of storage space, offering 6.3 square feet per capita.

What’s driving demand for self storage?

Quick overview of the Lincoln housing market

Total no. of households 113,551
Y-o-y change in no. of households 1.3%
Renter households in Lincoln 48,850
Homeowner households in Lincoln 64,701
Households with mortgages in Lincoln 43,407
Median number of rooms (all housing units) 5.6
Average apartment size (sq. ft.) 947
Average home size (sq. ft.) 1,292
Average apartment rent $1,072
Median home value $171,900
Working from home (# of total working population) 3%

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

Lincoln is home to 48,850 renters and 64,701 homeowners. The average apartment size in Lincoln is 947 sq. ft. and the average Lincoln home size is 1,292 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 Lincoln 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 Lincoln 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 STORAGECafé, 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.