Most listings are in the $20's per square foot per year. The Downtown St. Louis region is seeing a decline in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 17% decrease in rent.
Compared to the rest of the St. Louis market, the Downtown St. Louis submarket has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 59 listings have been listed, so you'll want to check back regularly for new listings. 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 2,780 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are approximately 7 stories. Most buildings in this market were built in 1963 and are Class A.
A large portion of this region is residential, but there's plenty of office_space. Real estate is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Downtown St. Louis folk. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.