Most listings are in the $40's per square foot per year. The Silicon Valley submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 6% decline in rent.
In the last 90 days, 808 listings have come on the market, so you'll want to check back regularly for new listings. About 16% of the office spaces in the Silicon Valley are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 2,520 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region are close to 2 floors. Most buildings in this area were built in 1982 and are Class A.