The typical asking rate per listing is in the $10's per square foot per year. The Urbana region is experiencing a an increase in rates. In the last 3 months, the median rate rose $16 per sqft per year.
In the last 90 days, 4 listings have been made available, which means office spaces might be going fast. You'll want to be prepared to make an offer immediately. About 75% of the listings in the Urbana 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 7,600 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are close to 2 floors. Most buildings in this market were built in 2000 and are Class B.