Most listings are in the $30's per square foot per year. The Santa Barbara submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $6 per sqft per year. That's a 15% decrease in rent.
In the last 90 days, 99 listings have been made available, so you'll want to check back regularly for new listings. About 42% of the office spaces 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,080 sqft. Most buildings in this area are approximately 2 stories. Most buildings in this market were built in 1974 and are Class A.