The typical asking rate per listing is in the $40's per square foot per year. The Waltham region is seeing a an increase in rates. In the last 3 months, the median rate went up $12 per sqft per year. That's a 42% rise in rent.
Compared to the rest of the Greater Boston market, the Waltham region has more expensive rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 27 listings have been posted online, which means listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 11% of the listings in the Waltham are subleases, so you might be able to find a shorter term or below market rent. 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 6,290 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are close to 4 stories. Most buildings in this region were built in 1981 and are Class A.