Most listings are in the $20's per square foot per year. The Hospital Hill submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 4% decrease in rent.
Compared to the rest of the Kansas City market, the Hospital Hill region has less expensive rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 6 listings have come on the market, which means new listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 2,800 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are approximately 2 stories. Most buildings in this market were built in 1910 and are Class B.
Finance and insurance are the dominant industries in this region. Commute by walking is the most popular way to get to work amongst Hospital Hill residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.