Neighbor

Neighbor has reimagined the self-storage industry by turning the sharing economy's core insight, that underutilized assets can create value for both owners and seekers, into a practical solution for one of the most common household challenges. By connecting people who need affordable storage with neighbors who have unused garage space, basement square footage, or spare rooms, Neighbor has created a marketplace that is typically 50 percent cheaper than traditional self-storage while generating meaningful passive income for hosts. The platform's trust and safety infrastructure, including insurance coverage and identity verification, makes the exchange seamless and secure.

The company's growth reflects a genuine market need: self-storage is a multi-billion-dollar industry, yet millions of Americans struggle to find affordable options near their homes. Neighbor's distributed model solves this problem by unlocking storage capacity that already exists in every neighborhood, reducing the need for new construction and keeping money circulating within local communities. Its technology platform makes listing, booking, and managing storage arrangements straightforward for both parties.

As a 2025 Industry Icon, Neighbor represents the next generation of the sharing economy, applying proven peer-to-peer principles to a category that has long been dominated by large institutional operators. Its model is not only more affordable for renters and more profitable for hosts but also more sustainable, making better use of existing space rather than building new. Neighbor's continued expansion signals a significant shift in how Americans think about storage and the untapped value in their own homes.