Buffalo, MN self-storage market

Population 16,499. Passes the self-storage screen with 22 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
22 / 100Pass

Passes the screen

0Population 16,499: in the 2,000 to 20,000 scope
+25Income $89k: $70k+, best
0Population +1.8% since 2015-2019: flat (within 2%), ok
+5Renters 25.7%: 20% to 30%, ok
-1024 storage facilities within 10 mi (4 chain): 11+, penalty
-84 chain or REIT facilities within 10 mi
+10Supply 8.1 sq ft per person (547,592 sq ft / market population 67,805, 75% of facilities sized): 7 to 8.5 sq ft, good
22Total, out of 100
Storage sq ft per person, 10 miles
8.1
Estimated building sq ft of every facility within 10 miles, divided by everyone living within 10 miles. Under 7 is undersupplied; over 10 is crowded. 75% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
16,499
Residents of the Census place, ACS 5-year 2020 to 2024. 67,805 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$88,820
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+1.8%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
25.7%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
24
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 4 of them are chains or REITs.
Facilities whose nearest town is Buffalo
6
4 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Buffalo

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
A & B Security StorageBuffalo, MNIndependent9MembersMembersMembersMembers
An Extra Space, LLCBuffalo, MNChain or REIT13MembersMembersMembersMembers
Buffalo Mini StorageBuffalo, MNIndependent8MembersMembersMembersMembers
Buffalo StorageBuffalo, MNIndependent70MembersMembersMembersMembers
Gopher State Storage - BuffaloBuffalo, MNIndependent62MembersMembersMembersMembers
Storage Rentals of AmericaBuffalo, MNChain or REIT35MembersMembersMembersMembers

Lead score runs 0 to 100, higher = better lead. Lead Weak Fail

Showing 6 of 6 facilities, sorted by name. Members see all of them with every field, sorted by lead score, highest first.

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Nearby towns

TownDistanceTown scorehigher = better market to buy in
Maple Lake MN8 mi-25 / 100Fail
Montrose MN8 mi28 / 100Pass
Rockford MN8 mi29 / 100Pass
Monticello MN9 mi35 / 100Pass
Waverly MN9 mi33 / 100Pass
Hanover MN10 mi28 / 100Pass

Town score runs 0 to 100, higher = better market to buy in. Pass Fail Check

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