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STATE · NY

Self-storage in New York.

2026 market data, supply context, dominant cost driver. Sample metro: New York City.

$/sqft/mo
$1.30
2026 industry-reported
10x10 median $/mo
$244
New York City
Sample metro
New York City
01 · MARKET DYNAMICS

What this state's storage market is doing.

New York state monthly average $174 (SpareFoot Feb 2026 industry-reported). NYC metro is the high-pressure submarket at $244 median 10x10; upstate (Buffalo, Rochester, Albany) sits closer to national median.

02 · SUPPLY CONTEXT

Supply per capita and pipeline.

NY metro storage supply is ~3.6 sqft per capita per Yardi — among the lowest in the country alongside Boston and SF. Manhattan-proper inventory is severely constrained; Brooklyn and Queens carry most of the marketed inventory at $1.30/sqft/mo.

03 · SAMPLE METROS

What the markets in this state look like.

New York City (Brooklyn, Queens dominate; Manhattan-proper is specialty operator territory). Buffalo, Rochester, Syracuse, Albany are upstate markets with materially lower rents.

04 · DOMINANT COST DRIVER

What's structurally setting the rent.

Supply per capita. Urban density combined with restrictive zoning sustains the premium. Climate control is largely about humidity / winter cycling rather than heat.

Feb 2026 SpareFoot / Storable data. State monthly avg $174 (industry-reported).
https://www.sparefoot.com/blog/self-storage-industry-statistics
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