{"id":39949,"date":"2025-04-29T05:00:00","date_gmt":"2025-04-29T12:00:00","guid":{"rendered":"https:\/\/www.yardi.com\/blog\/?p=39949"},"modified":"2026-02-27T02:27:59","modified_gmt":"2026-02-27T10:27:59","slug":"matrix-self-storage-report-april-2025","status":"publish","type":"post","link":"https:\/\/www.yardi.com\/blog\/matrix-self-storage-report-april-2025\/","title":{"rendered":"Here&#8217;s the full April 2025 Matrix Self Storage National Report"},"content":{"rendered":"<figure class=\"wp-block-image size-large\"><\/figure>\n<p>Although uncertainty remains high in the self storage industry, Yardi Matrix analysts see signs of positive long-term prospects for the sector. The <a href=\"https:\/\/www.yardimatrix.com\/publications\/download\/file\/7090-MatrixSelfStorageNationalReport-April2025\">April 2025 Matrix Self Storage National Report<\/a> outlines a business landscape marked by cautious lenders, slowing development, rising operational costs and increased regulatory risk. However, the report notes, \u201cTop public and private buyers remain active despite pricing challenges,\u201d and \u201coptimism persists among seasoned investors positioning for long-term gains, with increased focus on disciplined capital deployment and strategic partnerships.\u201d<\/p>\n<h2 class=\"wp-block-heading\" id=\"h-bridge-loan-demand-is-up\">Bridge loan demand is up<\/h2>\n<p>Bridge loan demand is surging as properties lease up more slowly than expected. Cap rates have risen, and underwriting has tightened. Development has slowed due to construction and financing hurdles. But advertised rate declines have eased since late 2024, and rate growth is improving as the second quarter of 2025 progresses. According to the report, \u201cThe early leasing season shows better performance compared to the past two years, leading to an earlier-than-expected return to flat year-over-year rate growth.\u201d<\/p>\n<h2 class=\"wp-block-heading\" id=\"h-street-rate-changes-in-top-metros\">Street rate changes in top metros<\/h2>\n<p>Year-over-year same-store rates for non-climate-controlled units increased in 13 of the top 30 metros tracked by Yardi Matrix, led by San Jose, California; Washington, D.C.; Columbus, Ohio; Tampa, Florida.; and Chicago. Rates climate-controlled units grew in 17 of the metros, most notably in Washington, Tampa, San Jose, Chicago, Minneapolis and San Francisco.<\/p>\n<p>The month-over-month national average for advertised rates per square foot increased by 0.4%, with Washington; Charleston, South Carolina; Raleigh-Durham, North Carolina; New York City; and Boston showing the most growth. Advertised rate declines have eased since late 2024, and rate growth is improving as we enter Q2 2025.<\/p>\n<p>Read about lease-up supply trends, major metro summaries, construction activity and more in the April 2025 Matrix Self Storage National Report.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The April 2025 Matrix Self Storage National Report details the basis for an optimistic long-term outlook for the U.S. self storage industry investment despite near-term challenges.<\/p>\n","protected":false},"author":610,"featured_media":39951,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_s2mail":"yes","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2791,3240],"tags":[2181,3048],"class_list":["post-39949","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-matrix","category-self-storage","tag-matrix","tag-self-storage-2"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Yardi Blog<\/title>\n<meta name=\"description\" content=\"The April 2025 Matrix Self Storage National Report details the basis for an optimistic long-term outlook for the U.S. self storage industry.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.yardi.com\/blog\/matrix-self-storage-report-april-2025\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Yardi Matrix report updates U.S. self storage industry\" \/>\n<meta property=\"og:description\" content=\"A new Yardi Matrix report outlines challenges and opportunities facing the U.S. self storage market. Download your free copy.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.yardi.com\/blog\/matrix-self-storage-report-april-2025\/\" \/>\n<meta property=\"og:site_name\" content=\"Yardi Blog\" \/>\n<meta property=\"article:published_time\" content=\"2025-04-29T12:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-02-27T10:27:59+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.yardi.com\/blog\/wp-content\/uploads\/sites\/15\/2025\/04\/Balance_Sheet_1920x1080.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1080\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Joel Nelson\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Yardi Matrix report updates U.S. self storage industry\" \/>\n<meta name=\"twitter:description\" content=\"A new Yardi Matrix report outlines challenges and opportunities facing the U.S. self storage market. 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