The typical asking rate per listing is in the $70's per square foot per year. The Dupont Circle submarket is seeing a a boost in rates. In the last 3 months, the median rate went up $13 per sqft per year. That's a 19% rise in rent.
In the last 90 days, 20 listings have been listed, which means office spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 10% of the available space in the Dupont Circle are subleases, so you will probably have to consider a longer term lease. 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 4,690 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are close to 11 stories. Most buildings in this market were built in 1970 and are Class A.
This area is fairly equally mixed residential and commercial. Utilities is the dominant industry in this market. Commute by motorcycle is the most popular way to get to work amongst Dupont Circle residents. Commuting approximately an hour a day is the norm for those who opt to reside in this part of town.