Y-o-y change in average data center rents in the U.S. 2014-2024

Published by Statista Research Department, Mar 17, 2025

The cost of renting data center space in the United States has soared since 2020. In 2024, the average asking per kilowatt rose by 12.6 percent, marking the third consecutive year of double-digit increase. Escalating costs for power, labor, and equipment were some of the main reasons for the price increase.

Year-on-year change in monthly data center average rent in the United States from 2014 to 2024

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Source

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Release date

February 2025

Region

United States

Survey time period

2014 to 2024

Supplementary notes

1,000 kilowatts = 1 megawatt

Wholesale primary market

The source adds the following information: "Rental rates are quoted asking rates for 250+ kW at N+ 1/Tier ||| requirements."

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