Self-storage has proven to be a durable and profitable real estate investment, and choosing the right market is critical to achieving sustainable growth. Hearthfire Holdings is dedicated to empowering investors by aligning financial success with personal passions and leveraging data to identify markets with the greatest potential. Below, we explore 10 markets poised for growth in self-storage, supported by demographic and economic trends.
With a growing population and robust economic activity, Indianapolis is a self-storage hotspot. The city’s affordability and steady influx of residents make it an attractive market for both traditional and climate-controlled storage.
Key Stat: Population growth of 8.1% since 2010, according to the U.S. Census Bureau.
Indianapolis Population Growth
Source: Macrotrends.net
Strategically located near major cities like Philadelphia and New York, Lehigh Valley offers opportunities for self-storage driven by suburban growth and increasing business storage needs.
Key Stat: 14% job growth over the past five years.
Learn more about investing in the Lehigh Valley region. Schedule a Call
Charlotte’s rapid population increase and status as a financial hub have created significant demand for self-storage. The city’s vibrant economy supports both residential and commercial storage needs.
Key Stat: Population growth of 19.8% from 2010 to 2020.
As one of the fastest-growing metro areas in the U.S., Dallas-Fort Worth is a self-storage leader, supported by booming residential construction and a growing business sector.
Key Stat: Over 120,000 new residents added annually.
Salt Lake City’s strong tech presence and young population make it an ideal market for innovative self-storage solutions. The city’s rental-heavy housing market also drives demand.
Key Stat: 38% of residents are renters, per U.S. Census Bureau data.
Atlanta continues to be a magnet for businesses and young professionals. Its sprawling suburbs create opportunities for strategically located self-storage facilities.
Key Stat: Home to the third-largest concentration of Fortune 500 companies in the U.S.
Orlando’s booming tourism and steady population growth make it a prime market for self-storage. Seasonal and business-related storage needs also fuel demand.
Key Stat: Population grew 25% from 2010 to 2020.
Nashville’s music industry and rapid urbanization have spurred demand for self-storage. The market benefits from a mix of residential and commercial users.
Key Stat: Over 12% job growth since 2020.
Phoenix’s warm climate and steady population growth have made it a top choice for retirees and families alike. This diverse demographic mix creates year-round self-storage demand.
Key Stat: Ranked #1 in population growth from 2010 to 2020.
Denver’s outdoor culture and high renter population are ideal for self-storage investors. Demand for recreational equipment storage and urban living solutions is especially strong.
Key Stat: 35% of Denver households are renters.
Hearthfire Holdings carefully selects markets based on a combination of demographic trends, economic indicators, and self-storage demand metrics. These locations reflect our commitment to aligning with investor goals and personal passions while creating exceptional value.
At Hearthfire Holdings, our mission is to revolutionize wealth creation by blending real estate, technology, and human ingenuity. By investing in high-growth markets, we help our partners achieve financial success while making a meaningful impact.
Take the next step in your wealth journey. Schedule a Call or Invest With Us today to learn how Hearthfire Holdings can help you achieve your goals.
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