Self Storage Market in
Indiana
$432M statewide TAM · 37 metros · Rank #21/51 states · 1.5% of national TAM
Bottom-up rollup across every metro in Indiana. PinpointIQ covers all 37 MSAs in the state.
Top metros
Most attractive Self Storage metros in Indiana
Ranked by Market Score — PinpointIQ's vertical-specific attractiveness composite. TAM shown for reference.
| Rank | Metro | TAM | Market Score |
|---|---|---|---|
| #1 | Indianapolis, IN MSA | $190M | 83 |
| #2 | Lafayette, IN | $16M | 81 |
| #3 | Evansville, IN MSA | $22M | 78 |
| #4 | Elkhart, IN | $14M | 77 |
| #5 | South Bend, IN MSA | $24M | 75 |
| #6 | Terre Haute, IN | $11M | 73 |
| #7 | Muncie, IN | $7M | 69 |
| #8 | Fort Wayne, IN MSA | $36M | 67 |
| #9 | Michigan City, IN | $9M | 60 |
| #10 | Columbus, IN | $8M | 59 |
What drives the Market Score
How Self Storage attractiveness is measured
Frequently asked questions
Self Storage market in Indiana: common questions
How big is the self storage market in Indiana?
The statewide self storage total addressable market in Indiana is $432M, aggregated across 37 MSAs. This represents 1.5% of the $29.1B U.S. self storage market.
How does Indiana rank nationally for self storage?
Indiana ranks #21 of 51 states by self storage TAM — the 60th percentile. The ranking is based on aggregate MSA-level TAM within each state's geographic boundaries.
What are the most attractive self storage metros in Indiana?
PinpointIQ ranks the top self storage metros in Indiana by Market Score (a vertical-specific attractiveness composite): #1 Indianapolis, IN MSA ($190M TAM, Market Score 83); #2 Lafayette, IN ($16M TAM, Market Score 81); #3 Evansville, IN MSA ($22M TAM, Market Score 78); #4 Elkhart, IN ($14M TAM, Market Score 77); #5 South Bend, IN MSA ($24M TAM, Market Score 75). Market Score weighs the drivers of self storage demand and operator concentration.
What drives self storage attractiveness in Indiana's metros?
PinpointIQ's Self Storage Market Score for every MSA in Indiana is computed from 3 components: Total Households (40%); Fragmentation Score (35%); Renter Households (25%). Each component is scored at the national percentile level before being weighted into the composite.
How many self storage markets does PinpointIQ cover in Indiana?
PinpointIQ covers all 37 Metropolitan Statistical Areas (MSAs) in Indiana for self storage, with TAM, Market Score, competitive landscape, and demographic drivers available at each MSA and down to the census-tract level.
Where can I get self storage market data for a specific Indiana metro?
Individual metro pages are available for every MSA in Indiana covered by PinpointIQ. You can also pull a free self storage market report for any specific metro through PinpointIQ's report tool, or start a trial to access the full platform including competitive landscape and business-level data.
TAM figures reflect PinpointIQ's bottom-up market size model built from U.S. Census, BLS, IRS County Business Patterns, and other public + commercial sources at the census-tract level. Market Score is PinpointIQ's percentile-weighted composite; the components and weights are set per vertical and shown above. Data refreshed monthly.
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