Malvern, PA self-storage market

Population 3,435. Passes the self-storage screen with 30 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
30 / 100Pass

Passes the screen

0Population 3,435: in the 2,000 to 20,000 scope
+25Income $118k: $70k+, best
0Population -0.3% since 2015-2019: flat (within 2%), ok
+10Renters 44.5%: 40%+, best
-1037 storage facilities within 10 mi (25 chain): 11+, penalty
-1025 chain or REIT facilities within 10 mi
+15Supply 5.7 sq ft per person (906,509 sq ft / market population 158,272, 81% of facilities sized): under 7 sq ft, best
30Total, out of 100
Storage sq ft per person, 10 miles
5.7
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. 81% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
3,435
Residents of the Census place, ACS 5-year 2020 to 2024. 158,272 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$117,548
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-0.3%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
44.5%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
37
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 25 of them are chains or REITs.
Facilities whose nearest town is Malvern
3
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Malvern

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
CubeSmart Self StorageMalvern, PAChain or REIT102MembersMembersMembersMembers
Extra Space StorageMalvern, PAChain or REIT914MembersMembersMembersMembers
Public StorageMalvern, PAChain or REIT471MembersMembersMembersMembers

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
Paoli PA1 mi40 / 100Pass
Frazer PA2 mi23 / 100Pass
Berwyn PA4 mi33 / 100Pass
Chesterbrook PA4 mi43 / 100Pass
Exton PA6 mi40 / 100Pass
Wayne PA7 mi28 / 100Pass

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

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