Morris, MN self-storage market

Population 5,128. Passes the self-storage screen with 32 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
32 / 100Pass

Passes the screen

0Population 5,128: in the 2,000 to 20,000 scope
+20Income $68k: $65k to $70k, good
-8Population -3.9% since 2015-2019: shrinking 2% to 5%, penalty
+10Renters 50.2%: 40%+, best
+103 storage facilities within 10 mi (0 chain): 0 to 3, best
0Supply unknown: only 33% of the 3 nearby facilities have a size estimate, neutral, not a bonus
32Total, out of 100
Storage sq ft per person, 10 miles
Unknown
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.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
5,128
Residents of the Census place, ACS 5-year 2020 to 2024. 6,712 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$67,727
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-3.9%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
50.2%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
3
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 0 of them are chains or REITs.
Facilities whose nearest town is Morris
3
3 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Morris

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
JT Self Storage - MorrisMorris, MNIndependent0MembersMembersMembersMembers
Premiere Storage MorrisMorris, MNIndependent21MembersMembersMembersMembers
Southside StorageMorris, MNIndependent8MembersMembersMembersMembers

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

Showing 3 of 3 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
Benson MN24 mi63 / 100Pass
Glenwood MN26 mi36 / 100Fail
Alexandria MN32 mi4 / 100Fail
Ortonville MN33 mi33 / 100Pass
Milbank SD43 mi33 / 100Pass
Montevideo MN45 mi16 / 100Fail

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

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