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Affordable storage in Tennessee: find local space or earn passive income

The average 10×10 storage unit in Tennessee costs around $98/month. Here's everything Tennessee residents need to know about local storage costs, market trends, and how Garage Space is building a smarter alternative.

Garage Space Host

$75-$92/mo

Estimated Garage Space host earnings in Tennessee after platform fee

Garage Space Host

$900-$1,104/yr

Estimated annual passive income for Tennessee hosts listing a garage or room

$98

Average monthly cost of a 10×10 storage unit in Tennessee

8.4 sq ft

Storage space per capita in Tennessee vs. 7 sq ft national benchmark

Whether you're downsizing, moving, decluttering, or just running out of room, finding affordable storage in Tennessee can feel like a challenge. Traditional self-storage facilities have raised prices steadily, and in many Tennessee cities, supply hasn't kept pace with demand.

That's why Garage Space exists. We're a peer-to-peer marketplace that connects people who need affordable, convenient storage with homeowners and businesses that have unused space — garages, spare rooms, parking spots, and more — sitting idle. Renters save money. Hosts earn passive income. Everyone wins.

Before we show you how it works, let's dig into the data on Tennessee's storage market — where prices stand, what's driving demand, and where the best opportunities are.

The Tennessee self-storage market in 2025

Tennessee -- and Nashville in particular -- has become one of the most popular relocation destinations in the nation. No state income tax, a booming music and tech economy, and central geography have made Nashville's storage market one of the most competitive in the South.

The trend is Nashville among the fastest-growing storage markets in the Southeast. For renters, that means paying more for less flexibility. For homeowners with unused space, it represents a real income opportunity.

Monthly cost of a 10×10 storage unit — Tennessee cities vs. National Average
  • National avg.$119
  • Nashville$112
  • Memphis$88
  • Knoxville$92
  • Chattanooga$95

Sources: StorageCafe / Yardi Matrix, RentCafe. Prices reflect average 10×10 non-climate-controlled street rates. New supply data from industry reports.

Storage costs by city in Tennessee

Storage prices vary significantly across Tennessee's cities and regions. Here's a data-driven look at the key markets:

Nashville

Avg. 10×10 price
$112/mo
Supply per capita
7.2 sq ft
Renters in city
185,000

Growing demand

Memphis

Avg. 10×10 price
$88/mo
Supply per capita
9.1 sq ft
Renters in city
145,000

Well supplied

Knoxville

Avg. 10×10 price
$92/mo
Supply per capita
8.5 sq ft
Renters in city
72,000

Growing demand

Chattanooga

Avg. 10×10 price
$95/mo
Supply per capita
8.2 sq ft
Renters in city
58,000

Growing demand

List your space

Make passive income from a garage, driveway or spare room you were not using anyway.

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Who is renting storage in Tennessee?

Understanding who needs storage helps explain why demand is so consistent — and why it won't be going away. Nationally, one in three Americans currently rents a storage unit. In Tennessee, the key drivers include:

Nashville's massive influx of California and Northeast transplants, Vanderbilt and University of Tennessee students, military families at Fort Campbell, and the music industry's unique storage needs.

Life transitions are the single biggest driver of storage demand nationally — moving, divorcing, downsizing, welcoming a baby, or combining households. These events happen constantly across Tennessee, and each one typically triggers a storage rental.

A better model: local space, real people, affordable prices

Garage Space exists because most of the storage capacity Tennessee needs already exists — it's just sitting unused inside homes and businesses. Think about how many garages across Tennessee are full of boxes that never get touched. How many spare bedrooms are used as dumping grounds. How many driveways could easily fit an extra vehicle or some storage bins.

How much can you earn renting space in Tennessee?

Given Tennessee's storage market dynamics, the income opportunity for hosts is real. Here's a realistic estimate for a homeowner in Tennessee listing a standard one-car garage:

Estimated monthly income: Tennessee homeowner, one-car garage (approx. 200 sq ft)

Typical local self-storage rate for equivalent space
$98/mo
Garage Space listing price (typical 20-30% discount vs. facilities)
$75-$92/mo range
Estimated annual passive income
$900-$1,104/yr

Your space earns this while you go about your lifeWithout lifting a box

Garage Space vs. traditional self-storage in Tennessee

FactorTraditional Storage FacilityGarage Space
Average monthly cost$98+ (plus fees)$75-$92 (typical)
LocationOften 15-30 min from homeTypically in your neighborhood
Access hoursLimited (6am-10pm typical)Flexible by arrangement
Price transparencyHidden fees commonAll-in pricing, no surprises
Lease flexibilityPenalties for early exitMonth-to-month
Who benefitsCorporate operatorsLocal Tennessee homeowners + renters
Passive income potentialNone for communityHundreds per month for hosts

Your space is already earning — for someone else.

List a garage, driveway or spare room in minutes. You set the price and the availability; we handle the booking, the payments and the renter screening.

Become a host

Ready to find affordable storage in Tennessee?

Browse local listings near you, or list your space and start earning.

Frequently asked questions about storage in Tennessee

  • How much does a storage unit cost in Tennessee in 2025?

    The average cost of a 10×10 non-climate-controlled storage unit in Tennessee is around $98/month, compared to the national average of $119/month. Prices vary by city, unit size, and amenities. Climate-controlled units typically cost 20-30% more. Garage Space often provides more affordable options by connecting renters directly with local hosts.

  • Can I rent out my garage in Tennessee to earn passive income?

    Yes. Homeowners across Tennessee are listing unused garages, spare rooms, parking spots, and closets on Garage Space to earn $75-$92/month after platform fees — or $900-$1,104 per year. Garage Space handles the booking, payments, and renter vetting so you can earn without managing the logistics yourself.

  • What is Garage Space?

    Garage Space (garagespace.app) is a peer-to-peer storage marketplace connecting people who need affordable, local storage with homeowners and businesses that have unused space — garages, spare rooms, closets, parking spots — sitting idle. Renters get convenient local storage at below-market prices. Hosts earn passive income. It's built for everyday Americans, not corporate storage operators.

  • What is the self-storage market like in Tennessee?

    Tennessee -- and Nashville in particular -- has become one of the most popular relocation destinations in the nation. No state income tax, a booming music and tech economy, and central geography have made Nashville's storage market one of the most competitive in the South. New supply is active but demand in Nashville remains strong. The market is growing demand.

  • What size storage space do I need?

    A quick guide: a small space (25 sq ft) fits a few boxes and seasonal items. A 10×10 unit (100 sq ft) holds the contents of a one-bedroom apartment. A 10x20 space (200 sq ft) handles a two-bedroom apartment. And a 10x30 space (300 sq ft) suits a full home or business inventory. Garage Space listings include photos and measurements so you can find the right size before committing.

Sources

  1. StorageCafe / Yardi Matrix — Self Storage Prices, Stats and Construction Trends 2025
  2. RentCafe — Self Storage Monthly Market Reports 2025-2026
  3. Self Storage Association — 2025 Demand Study
  4. Storeganise — Self Storage Trends and Statistics: 2025 Industry Report
  5. U.S. Census Bureau — American Community Survey, Housing and Demographic Data
  6. SVN Vanguard — U.S. Self-Storage Market Overview Q1 2025