Market Intelligence Memphis, TN
Comp-rich · 55 tracked
Self-storage market in Memphis, TN — August 2026
Based on the 55 facilities we track in Memphis — a sample of Memphis’s market, not every facility.
As of August 2026 · data via OpenStreetMap + Foursquare
Market tightness
Balanced
Aggregate demand signal — not a facility occupancy figure.
Running a move-in promo
4%
Median rate by size
5×5
$32/mo
~35% below US ($49/mo)
typical $13/mo–$43/mo
5×10
$50/mo
~22% below US ($64/mo)
typical $28/mo–$70/mo
10×10
$73/mo
~22% below US ($93/mo)
typical $46/mo–$115/mo
10×20
$105/mo
~23% below US ($137/mo)
typical $71/mo–$126/mo
The bigger picture
Memphis, TN-MS-AR — market supply & demand
Lower storage supply per capita than ~85% of US metros — about 17.9 facilities per 100k people vs the 32.3 national median.
Memphis, TN-MS-AR looks under-supplied relative to the markets we track.
A metro of 1.3M residents and 518K households — the demand base behind the per-100k figure.
Supply: our registry · as of 2026-06
Demand trend
Population roughly flat since 2020.
Net out-migration of ~14,000 residents since 2020.
Population trends historically correlate with storage demand — not a forecast. Census PEP, 2025 vintage.
Market context
Median household income
$64,743
Median gross rent
$1,153/mo
Renter share
61%
Census 2023 ACS 5-yr · demand context — these historically correlate with storage demand, not a forecast.
See your facility’s position in Memphis
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Data & methodology
Aggregate analysis of publicly available self-storage facility data in Memphis, TN, as of August 2026. Facility data © OpenStreetMap contributors (ODbL) and Foursquare. Rates reflect published street rates; individual facility pricing varies. Figures describe the 55 facilities in our dataset for this metro — a sample skewed toward facilities on certain software platforms, not a complete census of the market.