The typical asking rate per listing is in the $30's per square foot per year. The Santa Barbara submarket is seeing a a rise in rates. In the last 3 months, the median rate rose $7 per sqft per year. That's a 25% rise in rent.
In the last 90 days, 211 listings have come on the market, so you'll want to check back regularly for new listings. About 31% of the listings 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 1,000 sqft. Most properties in this market are close to 2 floors. Most buildings in this market were built in 1986 and are Class A.