Self Storage Market in
Minnesota
$554M statewide TAM · 23 metros · Rank #18/51 states · 1.9% of national TAM
Bottom-up rollup across every metro in Minnesota. PinpointIQ covers all 23 MSAs in the state.
Top metros
Most attractive Self Storage metros in Minnesota
Ranked by Market Score — PinpointIQ's vertical-specific attractiveness composite. TAM shown for reference.
| Rank | Metro | TAM | Market Score |
|---|---|---|---|
| #1 | Duluth, MN MSA | $24M | 78 |
| #2 | St. Cloud, MN | $17M | 77 |
| #3 | Minneapolis, MN MSA | $415M | 69 |
| #4 | Cass County, MN | $8M | 66 |
| #5 | Rochester, MN | $24M | 61 |
| #6 | Mankato, MN | $9M | 59 |
| #7 | Beltrami County, MN | $3M | 42 |
| #8 | Otter Tail County, MN | $5M | 38 |
| #9 | Rice County, MN | $5M | 38 |
| #10 | Winona County, MN | $4M | 37 |
What drives the Market Score
How Self Storage attractiveness is measured
Frequently asked questions
Self Storage market in Minnesota: common questions
How big is the self storage market in Minnesota?
The statewide self storage total addressable market in Minnesota is $554M, aggregated across 23 MSAs. This represents 1.9% of the $29.1B U.S. self storage market.
How does Minnesota rank nationally for self storage?
Minnesota ranks #18 of 51 states by self storage TAM — the 66th 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 Minnesota?
PinpointIQ ranks the top self storage metros in Minnesota by Market Score (a vertical-specific attractiveness composite): #1 Duluth, MN MSA ($24M TAM, Market Score 78); #2 St. Cloud, MN ($17M TAM, Market Score 77); #3 Minneapolis, MN MSA ($415M TAM, Market Score 69); #4 Cass County, MN ($8M TAM, Market Score 66); #5 Rochester, MN ($24M TAM, Market Score 61). Market Score weighs the drivers of self storage demand and operator concentration.
What drives self storage attractiveness in Minnesota's metros?
PinpointIQ's Self Storage Market Score for every MSA in Minnesota 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 Minnesota?
PinpointIQ covers all 23 Metropolitan Statistical Areas (MSAs) in Minnesota 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 Minnesota metro?
Individual metro pages are available for every MSA in Minnesota 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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