The metro Tucson area has continued to grow for the last twenty-five years and shows no indication of a change in the increased population and popularity of the community. The driving factors for the ongoing growth include a desire to live in a place with a higher quality of life than Phoenix and the much more affordable cost of living than the largest city in the state. The increase in the quality of the schools, healthcare opportunities, and jobs makes Tucson, AZ, a popular choice for those currently living in or out of the state who wish to relocate and enjoy the many benefits of the community. And that means the need for self-storage in 2026 will continue, making it a great investment opportunity.
Why Tucson, AZ Homeowners Rely On Self-Storage
According to Rocket Homes, the average price per square foot in the Tucson, AZ, residential real estate market is $230. In contrast, the average cost per square foot for self-storage space in Tucson, AZ, ranges from $1 to just over $2 and will likely remain stable into 2026 and beyond. This massive difference in the cost of a remote self-storage facility as compared to purchasing a larger house to accommodate storage is nothing short of shocking. Wise home buyers are looking for houses with the living space they need while feeling confident they can rent a self-storage unit at a very reasonable rate to accommodate their need for rarely used or accessed items.
Why Tucson, AZ Apartment Dwellers Need Self-Storage
There are just under 110,000 rental households in Tucson, AZ. The typical apartment rented in this market is 731 square feet and costs $1,248 per month. With under 800 square feet of living space, storage is at a premium in these spaces. Most self-storage facility prices are well in line with the cost of apartment space and do not carry the added operating cost of heating and cooling, unlike larger apartments. In addition, it is not uncommon for apartment renters to move frequently within the city, as the average lease is 12 months, and there are rarely any incentives for a tenant to extend their lease agreement or sign a new lease for the coming year. So, apartment renters in Tucson, AZ, are happy to have a self-storage facility that keeps their less-used belongings in a central location and can be easily accessed after moving to a new apartment in the city.
Why You Should Consider 2026 Self-Storage Investing In Tucson, AZ
The self-storage sector of real estate investing has been growing for decades and shows no signs of slowing down. The market in Tucson, AZ, is prime and ready to meet the needs of the current and future residents who understand that self-storage is the better choice than purchasing a larger, more costly home to accommodate boxes and belongings. The new self-storage facilities are also the optimum solution for apartment renters who are limited by the size of units available and need to have a remote self-storage space for items that include sports equipment, sentimental keepsakes, and off-season clothing.
The team at Legacy Built is currently working on Project 43 to meet the future needs of Tucson, AZ, and its clients who are excited to find the perfect choice for their 2026 self-storage investing needs. Reach out to the staff today to learn more about this project that will bring over 700 new self-storage units to the residents of Tucson, AZ.