Self-storage REITs grow as Americans pay rent to keep belongings, with Public Storage leading in size and safety.

Three major self-storage REITs—Public Storage, Extra Space Storage, and CubeSmart—are benefiting from Americans' reluctance to part with their belongings, leading to longer rental stays and steady revenue. Public Storage, the largest, recently merged with National Storage Affiliates, expanding its portfolio but faces integration costs and regulatory rent caps. Extra Space Storage shows strong operational growth with high occupancy and stable dividends, relying on customers who stay longer due to space needs. CubeSmart offers the highest dividend yield but has the thinnest coverage margin and rising costs. The sector's outlook depends on managing supply constraints and customer retention amid a slow housing market.

Public Storage leads with a market cap of $55.06 billion and a dividend yield of 4.23%, reflecting its dominant position in the self-storage REIT sector. Extra Space Storage, with a market cap of $28.82 billion and a higher dividend yield of 4.86%, saw its price rise 2.00% on Pluang as of Oct 05, 2026 18:32 WIB. Typical hold times on Pluang are 130 days for Public Storage and 108 days for Extra Space Storage, indicating steady investor interest in these assets amid ongoing sector dynamics.