Rental Rates • Section 8


foot respectively. Both 5-by-10 and 10-by-20 bounced back to the same rate per square foot as Q3 2016.


Except for 10-by-20 climate-controlled units, which in-


creased by four cents per square foot over Q3 2016 rates, all other unit sizes showed a decrease in price. The biggest difference was for 5-by-5 units, which were seven cents per square foot less than in Q3 2016. A two-cent per square foot difference was seen for 10-by-15 units—the smallest differ- ence reported for climate-controlled units.


In the New England subregion of the Northeast, all unit


sizes for June of 2017 were slightly less than those reported in July of 2016. Only a 30-cent drop was seen for 10-by-20 climate-controlled units, with 10-by-10 units showing a $1 difference, followed by 5-by-5s with a difference of $1.50. The largest disparity was for 10-by-15 units, which came in at $6.40 less than rates for July of 2017. A $5 difference was seen for 5-by-10 units.


For non-climate-controlled units, 10-by-15s also showed the highest drop between July of 2016 and June of 2017 at $13.70. While 10-by-10s only showed a $1 difference for climate-controlled units, there was a $11.80 dip for those without this climatized feature. The 10-by-20-unit prices


came back to within 90 cents of June 2016 rates—the lowest difference for New England. The 5-by-5-unit price came back to within $5.80 of the July 2016 rate, while 5-by-10s showed a decline of $3.80 for the same period.


In the New England subregion of the Northeast, all unit sizes for June of 2017 were slightly less than those reported in July of 2016.


On a price per square foot basis, as seen in Tables 8.17 and


8.18, both climate-controlled and non-climate-controlled 10-by-20 units showed only a three-cent increase in Q2 2017 pricing over Q3 2016. Conversely, 10-by-15 non-climate- controlled units saw a dip of three cents for the same time period.


The most significant price per square foot difference


between Q3 2016 and Q2 2017 was seen for non-climate- controlled 5-by-5 units (12 cents). On the nominal side of





 


7/1/16 8/1/16 9/1/16





$66.00 $64.70 $62.70


10/1/16 $57.70 11/1/16 $54.90 12/1/16 $56.70 1/1/17 2/1/17 3/1/17 4/1/17 5/1/17 6/1/17


$57.70 $56.10 $57.00 $64.40


 





$101.30 $97.00 $93.80 $92.80 $90.10 $91.40 $88.90 $88.70 $89.70 $94.10


$96.30


$156.90 $156.30 $154.00 $151.70 $149.60 $145.70 $145.10 $145.40 $144.60 $151.00


$155.90 Source: Union Realtime and the 2017 Self-Storage Almanac


 


     


2016 Q3 $2.15 $1.62 $1.28 $1.06 $0.92 2016 Q4 2017 Q1 2017 Q2


Source: Union Realtime and the 2017 Self-Storage Almanac


$1.94 $1.47 $1.16 $0.97 $0.88 $1.86 $1.40 $1.12 $0.95 $0.88 $2.03 $1.61 $1.23 $1.03 $0.95





 


    


2016 Q3 $2.57 $1.94 $1.56 $1.33 $1.22 2016 Q4 2017 Q1 2017 Q2


$2.26 $1.83 $1.49 $1.28 $1.22 $2.28 $1.78 $1.45 $1.26 $2.56 $1.90 $1.54 $1.31


$1.17 $1.25


Source: Union Realtime and the 2017 Self-Storage Almanac 2018 Self-Storage Almanac 97


 $207.90


$195.60 $197.40 $196.10 $191.70 $187.70 $193.30 $187.40 $185.30 $190.80


$201.50 


$254.60 $238.10 $242.40 $243.50 $244.10 $246.10 $239.00 $235.50 $226.70 $244.00


$63.10 $95.30 $156.10 $195.70 $249.30 $64.50


$254.30 


$58.40 $53.40 $50.70 $49.60 $49.30 $46.70 $46.20 $47.00 $46.80 $48.30





 


$88.00 $79.00 $77.70 $75.70 $73.20 $71.20 $70.00 $69.20 $70.80 $76.30


$51.20 $80.80 $52.60


$84.20


$137.70 $127.10 $121.60 $117.20 $116.80 $114.10 $111.70 $110.80 $112.00 $119.80


 $172.70


$156.40 $149.90 $148.20 $146.20 $143.80 $141.40 $140.40 $143.90 $151.10


$159.00 


$197.60 $182.80 $176.80 $177.20 $177.00 $176.40 $176.30 $177.00 $174.60 $182.50


$123.80 $154.40 $191.80 $125.90


$196.70


Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28  |  Page 29  |  Page 30  |  Page 31  |  Page 32  |  Page 33  |  Page 34  |  Page 35  |  Page 36  |  Page 37  |  Page 38  |  Page 39  |  Page 40  |  Page 41  |  Page 42  |  Page 43  |  Page 44  |  Page 45  |  Page 46  |  Page 47  |  Page 48  |  Page 49  |  Page 50  |  Page 51  |  Page 52  |  Page 53  |  Page 54  |  Page 55  |  Page 56  |  Page 57  |  Page 58  |  Page 59  |  Page 60  |  Page 61  |  Page 62  |  Page 63  |  Page 64  |  Page 65  |  Page 66  |  Page 67  |  Page 68  |  Page 69  |  Page 70  |  Page 71  |  Page 72  |  Page 73  |  Page 74  |  Page 75  |  Page 76  |  Page 77  |  Page 78  |  Page 79  |  Page 80  |  Page 81  |  Page 82  |  Page 83  |  Page 84  |  Page 85  |  Page 86  |  Page 87  |  Page 88  |  Page 89  |  Page 90  |  Page 91  |  Page 92  |  Page 93  |  Page 94  |  Page 95  |  Page 96  |  Page 97  |  Page 98  |  Page 99  |  Page 100  |  Page 101  |  Page 102  |  Page 103  |  Page 104  |  Page 105  |  Page 106  |  Page 107  |  Page 108  |  Page 109  |  Page 110  |  Page 111  |  Page 112  |  Page 113  |  Page 114  |  Page 115  |  Page 116  |  Page 117  |  Page 118  |  Page 119  |  Page 120  |  Page 121  |  Page 122  |  Page 123  |  Page 124  |  Page 125  |  Page 126  |  Page 127  |  Page 128  |  Page 129  |  Page 130  |  Page 131  |  Page 132  |  Page 133  |  Page 134  |  Page 135  |  Page 136  |  Page 137  |  Page 138  |  Page 139  |  Page 140  |  Page 141  |  Page 142  |  Page 143  |  Page 144  |  Page 145  |  Page 146  |  Page 147  |  Page 148  |  Page 149  |  Page 150  |  Page 151  |  Page 152  |  Page 153  |  Page 154  |  Page 155  |  Page 156  |  Page 157  |  Page 158  |  Page 159  |  Page 160  |  Page 161  |  Page 162  |  Page 163  |  Page 164  |  Page 165  |  Page 166  |  Page 167  |  Page 168  |  Page 169  |  Page 170  |  Page 171  |  Page 172  |  Page 173  |  Page 174  |  Page 175  |  Page 176  |  Page 177  |  Page 178  |  Page 179  |  Page 180