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

How much does a storage unit cost in Oklahoma City, OK?

Currently, the average cost of a 10x10 storage unit in Oklahoma City is $77/month, a decrease of 3.8% 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.

Oklahoma City self storage prices by unit size

Besides the standard 10x10 unit, the Oklahoma City 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 Oklahoma City rents for $33, while a 5x10 unit would cost $47/month. Average street rates for a 10x20 unit stand at $121/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 $33
5x10 $47
10x10 $77
10x15 $99
10x20 $121
10x30 $165
Climate-Controlled Units*
Unit Size Avg. Street Rate
5x5 $41
5x10 $60
10x10 $90
10x15 $119
10x20 $150
10x30 $204

* Average monthly rates for Oklahoma City in October 2023.

Average storage unit cost in Oklahoma City 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 Oklahoma City storage units in Industrial Heights, where the standard self storage unit goes for $56/mo. on average, in Rose Creek, where renters pay $61/mo. on average, and in Mayridge, where the average street rates hover around $64/mo.

If you’re looking for other great deals, check out self storage listings, and their average street rates, in Hillcrest ($66) and Crestline Creek - Southbrook ($67).

Other neighborhoods, on the other hand, come with higher street rates. The most expensive neighborhood in Oklahoma City is Harvest Hills with a monthly average street rate of $284, followed by North Country Estates.

Cheapest Neighborhoods for Self Storage
# Neighborhood Average Street Rate
1 Industrial Heights $56
2 Rose Creek $61
3 Mayridge $64
4 Hillcrest $66
5 Crestline Creek - Southbrook $67
6 Westbury $70
7 Warwick West $73
8 Ranchwood Villas $78
9 Manwell Acres $81
10 Purdue Place $83
Most Expensive Neighborhoods for Self Storage
# Neighborhood Average Street Rate
1 Harvest Hills $284
2 North Country Estates $193
3 River Oaks $190
4 Stone Meadows $163
5 Suggs Park $159
6 Mayview $158
7 Shepherd Historic District $154
8 Wilemans Belle Isle $150
9 Silver Creek $146
10 Capitol View $140

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

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

How Oklahoma City, OK, Self Storage Compares With Other Cities

How self storage costs in Oklahoma City compare to prices in other nearby cities

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

# City Average Street Rate
1 Norman, OK $96
2 Yukon, OK $77
3 Oklahoma City, OK $77
4 Midwest City, OK $76
5 Moore, OK $74
6 Bethany, OK $73
7 Mustang, OK $71
8 Del City, OK $70
9 Edmond, OK $67
10 Harrah, OK $65

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

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

Check out the table below to see how self storage rent in Oklahoma City 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 Indianapolis, IN $84
10 Oklahoma City, OK $77

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

Self storage market size in Oklahoma City, OK

Oklahoma City self storage market statistics

No. of self storage units approx. 6,103
No. of self storage facilities 118
Local self storage inventory (sq. ft.) 7,055,658
Self storage sq. ft. per capita 8.3
New self storage facilities set for delivery in 2023 1
New self storage supply set for delivery in 2023 (sq. ft.) 0
Average self storage rent in Oklahoma City for a standard 10x10 unit $77

Oklahoma City self storage construction trends

The self storage sector has maintained an active development pipeline in recent years. In 2022 alone, about 51,756 square feet of self storage space came online in Oklahoma City, representing 0.7% of the existing inventory. Compared to the year before, self storage inventory in Oklahoma City has increased by 0.7%.

Currently, there are 118 self storage facilities and approx. 6,103 storage units in Oklahoma City. The local inventory encompasses 7,055,658 square feet of storage space, offering 8.3 square feet per capita.

A total of 0 square feet of self storage space is projected for completion in 2023, a decrease of 100% compared to last year.

What’s driving demand for self storage?

Quick overview of the Oklahoma City housing market

Total no. of households 265,519
Y-o-y change in no. of households 9.4%
Renter households in Oklahoma City 106,278
Homeowner households in Oklahoma City 159,241
Households with mortgages in Oklahoma City 97,727
Median number of rooms (all housing units) 5.4
Average apartment size (sq. ft.) 852
Average home size (sq. ft.) 1,340
Average apartment rent $976
Median home value $177,700
Working from home (% of total working population) 5.2%

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

Oklahoma City is home to 106,278 renters and 159,241 homeowners. The average apartment size in Oklahoma City is 852 sq. ft. and the average Oklahoma City home size is 1,340 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 Oklahoma City 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 Oklahoma City 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.