Most listings are in the $10's per square foot per year. The Orleans Parish submarket is seeing a decline in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 21% decline in rent.
Compared to the rest of the Greater New Orleans Region market, the Orleans Parish submarket has lower rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 87 listings have been listed, so you'll want to check back regularly for new listings. About 2% of the office spaces in the Orleans Parish are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 2,770 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region are approximately 2 floors. Most buildings in this market were built in 0 and are Class Class B.