Self Storage Market in
Minneapolis, MN
$415M TAM · Market Score 69/100 · Ranked #14 of 925 MSAs by TAM
Bottom-up market data for the Minneapolis, MN MSA. Sourced from PinpointIQ's MSA-level intelligence platform.
Market Score breakdown
How Minneapolis scored 69/100 for Self Storage
PinpointIQ's Market Score is a percentile-weighted composite. The components + weights are set per vertical. Minneapolis ranks in the 80th percentile nationally for Self Storage.
| Component | Weight | Value | Percentile |
|---|---|---|---|
| Total Households | 40% | 1,477,259 | 98 |
| Fragmentation Score | 35% | 62 | 14 |
| Renter Households | 25% | 432,465 | 98 |
TAM by segment
$415M in Minneapolis broken down by segment
Demographic snapshot
Who lives and buys in Minneapolis
Frequently asked questions
Self Storage market in Minneapolis: common questions
How big is the self storage market in Minneapolis, MN?
The self storage market in Minneapolis, MN has a total addressable market of $415M, calculated bottom-up from U.S. Census, BLS, and IRS County Business Patterns data at the census-tract level. This makes Minneapolis the #14 largest self storage market of 925 U.S. MSAs.
How many self storage companies are in Minneapolis?
PinpointIQ tracks 143 self storage establishments in the Minneapolis MSA, employing approximately 459 people. Establishment counts are sourced from IRS County Business Patterns and refreshed monthly.
How does Minneapolis rank nationally for self storage?
Minneapolis scores 69/100 on PinpointIQ's Self Storage Market Score, ranking #187 of 925 U.S. metros — the 80th percentile nationally. The Market Score is a percentile-weighted composite of the vertical-specific drivers that make a metro attractive for self storage operators and investors.
What drives self storage demand in Minneapolis?
PinpointIQ scores Minneapolis's self storage market on 3 components: Total Households (40% weight, 98th percentile); Fragmentation Score (35% weight, 14th percentile); Renter Households (25% weight, 98th percentile). The weights are calibrated to the self storage vertical and applied consistently across every U.S. MSA.
What are the biggest self storage sub-segments in Minneapolis?
Minneapolis's $415M self storage TAM breaks down into: Storage_self Storage Household ($396M, 95% of TAM); Storage_self Storage Commercial ($19M, 5% of TAM). Segment sizes reflect PinpointIQ's bottom-up model at the census-tract level.
Is Minneapolis growing? How does population affect the self storage market?
Minneapolis has a population of 3,713,668 and has grown 5.3% over the last 5 years. Population change is one of the drivers of self storage demand and factors into PinpointIQ's Market Score alongside vertical-specific attractiveness metrics.
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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