On average, listings lease in the $70's per square foot per year. The Santa Barbara submarket is experiencing a a rise in rates. In the last 3 months, the median rate increased $42 per sqft per year. That's a 133% rise in rent.
In the last 90 days, 99 listings have come on the market, so you'll want to check back regularly for new listings. About 30% of the available space in the Santa Barbara are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 700 sqft. Most buildings in this region are close to 2 stories. Most buildings in this region were built in 1971 and are Class A.