The typical asking rate per listing is in the $70's per square foot per year. The Downtown Boston region is going through a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 2% decline in rent.
Compared to the rest of the Greater Boston market, the Downtown Boston submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 96 listings have been posted online, so you'll want to check back regularly for new listings. About 5% of the available leases in the Downtown Boston 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 posted, so finding a space for a small business might be tough.
Even though the median size is 6,700 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are close to 11 stories. Most buildings in this area were built in 1920 and are Class B.
Arts, entertainment, and restaurants are the dominant industries in this area. Commute by car is the most popular way to get to work amongst Downtown Boston folk. Commuting around 15 minutes a day is the norm for those who opt to reside in this part of town.