Demand for self-storage space has surged in Houston with thousands of people displaced from their homes after Hurricane Harvey. Storage operators, which typically rent units ranging from 5 feet by 5 feet to as large as 10 feet by 25 feet, often report stronger demand following a natural disaster as residents look for a place to keep their belongings while they focus on rebuilding their property. ...
Self - storage space is in high demand during the aftermath of Hurricane Harvey , as residents seek safe storage for their belongings . Houston ’s self - storage sector had a general vacancy rate of 11.2 % in Q2 2017 , an increase from the 10.6 % reported at the end of last year , but is at maximum capacity after the hurricane . Prior to Harvey ’s landfall , the rate was predicted to rise to 12.2 % by the end of 2017 . Houston has approximately 281,000 self - storage units , with a total value of $ 8.4bn .