On average, listings lease in the $20's per square foot per year. The Greater Baltimore submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 7% decrease in rent.
Compared to the rest of the Greater Baltimore market, the Greater Baltimore submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 591 listings have been posted online, so you'll want to check back regularly for new listings. About 111% of the listings in the Greater Baltimore are subleases, so you might be able to snag a great spot on a short term. 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 3,000 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are close to 2 floors. Most buildings in this area were built in 1983 and are Class B.