Most listings are in the $20's per square foot per year. The Providence region is seeing a a boost in rates. In the last 3 months, the median rate increased $4 per sqft per year. That's a 18% increase in rent.
Compared to the rest of the Greater Boston market, the Providence submarket has more expensive rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 24 listings have come on the market, which means new availabilities are probably going fast. You'll want to be prepared to make an offer immediately. About 13% of the available space in the Providence 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 4,700 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this market are close to 3 floors. Most buildings in this market were built in 1930 and are Class B.