The typical asking rate per listing is in the $50's per square foot per year. The District of Columbia Municipality region is seeing a an increase in rates. In the last 3 months, the median rate went up $4 per sqft per year. That's a 8% rise in rent.
Compared to the rest of the Washington D.C. market, the District of Columbia Municipality submarket has more expensive rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 90 listings have been listed, so you'll want to check back regularly for new listings. About 4% of the available space in the District of Columbia Municipality are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 3,300 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are around 10 floors. Most buildings in this market were built in 1973 and are Class A.