DFW at a Glance (2026)
Dallas–Fort Worth is the largest self-storage market in Texas and one of the most active in the country — big, competitive, and best read submarket by submarket in 2026.
| Metric | Dallas–Fort Worth |
|---|---|
| Metro supply | ~9.2 net rentable sf per capita (oversupplied vs. ~7 balanced) |
| Under construction | 40+ facilities still being built |
| Metro population (25-mi) | ~5M, ~$91,000 median income |
| National REIT ownership | ~60% of space |
| Recent TX/OK closings | ~$86/sf, ~95% of asking |
A Big, Well-Supplied Market
DFW carries about 9.2 net rentable square feet of storage per capita — above the ~7 sf considered balanced — and 40-plus facilities are still under construction. This isn't a scarcity market; it's a large, sophisticated one where two facilities a few miles apart can be worth very different multiples, and a metro average tells you almost nothing.
Where the Opportunity Is
- Infill, supply-constrained submarkets with little new construction nearby.
- Value-add / undermanaged assets with below-market rents to push.
- Well-run, stabilized facilities away from the most over-built suburbs (parts of far-north DFW have absorbed heavy deliveries).
What Facilities Are Trading At
Recent Texas/Oklahoma closings have averaged roughly $86 per square foot and 95% of asking price, at about a 5.7% in-place cap rate (closer to 7%+ on a stabilized, Year-1 basis) — stronger, well-located assets trade tighter, smaller or softer ones wider. Your number depends on your submarket and your books.
Bottom Line
DFW rewards local knowledge — knowing which submarkets are over-built and which still have room. (See our Texas & Oklahoma 2026 outlook.)
Browse current listings or get a free valuation for a submarket-specific read.
Supply and demographics reflect 2026 Tractiq metro-level data; pricing reflects recent regional closings and varies by asset and submarket.