The typical asking rate per listing is in the $20's per square foot per year. The Fairmount - Art Museum region is seeing a decline 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 Philadelphia market, the Fairmount - Art Museum region has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 7 listings have come on the market, which means office spaces are probably going fast. You'll want to be prepared to make an offer immediately. 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 22,430 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are close to 12 floors. Most buildings in this region were built in 1937 and are Class A.