Most listings are in the $10's per square foot per year. The French Quarter region is going through a an increase in rates. In the last 3 months, the median rate increased $16 per sqft per year.
Compared to the rest of the Greater New Orleans Region market, the French Quarter region has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 6 listings have been listed, which means listings might be leasing quickly. You'll want to be prepared to make an offer immediately. About 100% of the office spaces in the French Quarter 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 12,500 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are around 5 stories. Most buildings in this area were built in 0 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst French Quarter occupants. Commuting around 15 minutes a day is the norm for those who opt to reside in this part of town.