The typical asking rate per listing is in the $40's per square foot per year. The Santa Barbara submarket is going through a a rise in rates. In the last 3 months, the median rate rose $2 per sqft per year. That's a 4% increase in rent.
In the last 90 days, 99 listings have come on the market, so you'll want to check back regularly for new listings. About 10% of the available space in the Santa Barbara are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,880 sqft. Most properties in this region are close to 2 stories. Most buildings in this region were built in 1971 and are Class A.