The typical asking rate per listing is in the $20's per square foot per year. The Lafayette Parish submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 3% decrease in rent.
In the last 90 days, 39 listings have been posted online, which means new availabilities are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 87% of the listings in the Lafayette Parish 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.
Even though the median size is 2,900 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are close to 1 stories. Most buildings in this area were built in 0 and are Class B.