Red Lodge, MT self-storage market

Population 2,502. Passes the self-storage screen with 51 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
51 / 100Pass

Passes the screen

0Population 2,502: in the 2,000 to 20,000 scope
+15Income $56k: $50k to $65k, ok
+15Population +13.1% since 2015-2019: growing 10%+, best
+8Renters 33.8%: 30% to 40%, good
+54 storage facilities within 10 mi (1 chain): 4 to 6, good
-21 chain or REIT facilities within 10 mi
+10Supply 7 sq ft per person (18,778 sq ft / market population 2,670, 50% of facilities sized): 7 to 8.5 sq ft, good
51Total, out of 100
Storage sq ft per person, 10 miles
7.0
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. 50% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
2,502
Residents of the Census place, ACS 5-year 2020 to 2024. 2,670 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$55,750
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+13.1%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
33.8%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
4
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 1 of them are chains or REITs.
Facilities whose nearest town is Red Lodge
4
3 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Red Lodge

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
BestBox StorageRed Lodge, MTChain or REIT61MembersMembersMembersMembers
Palisades Secure StorageRed Lodge, MTIndependent0MembersMembersMembersMembers
Red Lodge Mini StorageRed Lodge, MTIndependent1MembersMembersMembersMembers
West Bench RV Boat & MiniRed Lodge, MTIndependent5MembersMembersMembersMembers

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

Showing 4 of 4 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
Columbus MT31 mi15 / 100Pass
Powell WY38 mi51 / 100Pass
Laurel MT40 mi-6 / 100Fail
Cody WY47 mi16 / 100Pass
Lovell WY49 mi51 / 100Pass
Lockwood MT59 mi16 / 100Pass

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

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