Market Intelligence Somerset, KY
Macro-led
Self-storage market in Somerset, KY — July 2026
Based on the 20 facilities we track in Somerset — a sample of Somerset’s market, not every facility.
As of July 2026 · data via OpenStreetMap + Foursquare
Market tightness
Tight
Aggregate demand signal — not a facility occupancy figure.
Running a move-in promo
15%
Median rate by size
Early read — we don’t yet track enough facilities in Somerset, KY to publish precise per-size medians. As coverage fills in, the per-size medians and your rate position vs the US will appear here.
The bigger picture
Somerset, KY — market supply & demand
Higher storage supply per capita than ~100% of US metros — about 84 facilities per 100k people vs the 32.3 national median.
Somerset, KY looks over-supplied relative to the markets we track.
A metro of 66K residents and 26K households — the demand base behind the per-100k figure.
Supply: our registry · as of 2026-06
Demand trend
Population up ~3% since 2020 — a growing metro.
Net in-migration of ~4,000 residents since 2020.
Population trends historically correlate with storage demand — not a forecast. Census PEP, 2025 vintage.
Market context
Median household income
$50,943
Median gross rent
$835/mo
Renter share
72%
Census 2023 ACS 5-yr · demand context — these historically correlate with storage demand, not a forecast.
See your facility’s position in Somerset
Get a free report on your rates, the move-in promos around you, and how tight your market is — measured against the 20 facilities we track in Somerset.
Data & methodology
Aggregate analysis of publicly available self-storage facility data in Somerset, KY, as of July 2026. Facility data © OpenStreetMap contributors (ODbL) and Foursquare. Rates reflect published street rates; individual facility pricing varies. Figures describe the 20 facilities in our dataset for this metro — a sample skewed toward facilities on certain software platforms, not a complete census of the market.