Dallas-Fort Worth self-storage market data

Public-source underwriting context for a self-storage facility in Dallas-Fort Worth, TX. Census demographic and housing figures describe Dallas County, Texas; employment and house-price figures describe the Dallas-Fort Worth-Arlington, TX Metro Area; financing and vacancy indicators are national. Every figure includes its source and vintage. Verify property-level assumptions before relying on it. Checked against primary sources monthly; last refreshed 2026-07-16.

For self-storage, these housing and demographic figures are demand proxies (household growth and moves drive storage demand), not storage fundamentals like street rates or square feet per capita. Use the diligence checklist below for the facility-level questions.

Market snapshot

MetricValueSource
Population (Dallas County, Texas)2,621,179Census ACS 5-Year, 2024
Median household income$76,547Census ACS 5-Year, 2024
Median gross rent$1,565Census ACS 5-Year, 2024
Median home value$303,000Census ACS 5-Year, 2024
Renter share of households49.2%Census ACS 5-Year, 2024
Housing vacancy (all units)7.7%Census ACS 5-Year, 2024
Metro unemployment rate4.0% (year ago: 3.7%)BLS LAUS, May 2026
House price index, year over year+1.1%FHFA all-transactions via FRED, Q1 2026
30-year mortgage rate (national)6.49%Freddie Mac via FRED, 2026-07-09
Rental vacancy rate (national)7.3%Census HVS via FRED, 2026-01-01

Dallas County, Texas's median gross rent was $1,565 in the Census Bureau's 2024 American Community Survey, and metro unemployment was 4.0% as of May 2026 per BLS LAUS. The FHFA all-transactions house price index changed +1.1% year over year as of Q1 2026.

County-level Census figures describe Dallas County, Texas; employment and price-index figures cover the metro area. Metro averages never substitute for submarket and property-level verification.

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NOI should be calculated from real income and expenses, never taken from a listing headline. A full underwriting case builds it line by line.

Prefer to run these numbers on a real deal file? Analyze your first deal free.

Local rules to check in Dallas-Fort Worth

Texas is a non-disclosure state: sale prices are not public record, so treat any "sold" comp as unverified until a broker confirms it. Appraisal districts value property as of January 1 and reappraise on their own county schedules (at least once every three years under state law, though many reappraise more often), and a sale can affect the next noticed value, so model going-in property taxes on your likely reassessed basis, not the seller's current bill. Plan for the protest cycle (the general deadline is May 15, or 30 days after the appraisal notice, whichever is later), and confirm the county appraisal district's current deadline and reappraisal practice before you close.

Statutory details change; confirm current law for the specific property. This is general information, not legal or tax advice.

What to verify before underwriting self-storage in Dallas-Fort Worth

  • Compare physical occupancy to economic occupancy. A facility can be nearly full and still collect far less than the rent roll implies.
  • Pull street rates against in-place rates. Aggressive recent increases on existing customers can inflate the trailing twelve months.
  • Map competing facilities and any announced new supply in the trade area before trusting rate assumptions.
  • Verify unit-mix demand: which sizes stay full, which sit vacant, and whether climate-controlled units actually command their premium here.
  • Confirm how the facility is staffed (onsite manager, kiosk, remote) and whether your model assumes a different operating setup than the seller's.
  • Check ancillary income (tenant insurance, merchandise, fees) and whether it is durable or tied to the current owner's programs.

Questions to ask the broker or seller

  • What was the rate-increase cadence on existing customers over the past two years?
  • How many units are delinquent, and what does the auction schedule look like?
  • What is the monthly move-in and move-out volume by season?
  • Is there expansion capacity on the parcel, and is it entitled?
  • What share of revenue comes from tenant insurance and fees versus rent?
  • Who runs the facility day to day, and do they stay after closing?

Frequently asked

What geography do these figures cover?
Census demographic and housing figures describe Dallas County, Texas; employment and house-price figures describe the Dallas-Fort Worth-Arlington, TX Metro Area; financing and vacancy indicators are national. County and metro averages never substitute for submarket and property-level verification.
How current is this data?
Each figure is labeled with its own source and vintage; the page was compiled on 2026-07-16. The underlying public series are revised by their agencies over time, so confirm the latest release before relying on any single figure.
Is this an appraisal or an opinion of value?
No. This page is general market information, not an appraisal, opinion of value, or investment, legal, or tax advice. Verify everything and conduct independent due diligence.

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Sources and disclaimer

U.S. Census Bureau, American Community Survey 5-Year Estimates (2024). U.S. Bureau of Labor Statistics, Local Area Unemployment Statistics (May 2026). FHFA All-Transactions House Price Index, via FRED. Freddie Mac Primary Mortgage Market Survey, via FRED. Figures are reproduced as published by the cited sources and may be revised by those agencies. This page is general market information, not an appraisal, opinion of value, or investment, legal, or tax advice. Commercial property performance varies by submarket and asset; conduct independent due diligence.