The typical asking rate per listing is in the $30's per square foot per year. The Travis County submarket is experiencing 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 Greater Austin market, the Travis County submarket has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 421 listings have come on the market, so you'll want to check back regularly for new listings. About 11% of the available space in the Travis County 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 2,710 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are approximately 2 floors. Most buildings in this market were built in 1985 and are Class A.