On average, listings lease in the $50's per square foot per year. The Silicon Valley submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 7% decline in rent.
In the last 90 days, 819 listings have been made available, so you'll want to check back regularly for new listings. About 81% of the listings in the Silicon Valley 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 3,290 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are approximately 2 stories. Most buildings in this market were built in 1982 and are Class B.