Orleans Parish Office Space

Orleans Parish

Office Space Market Report

Number of Listings (last 90 days)
1,588
Median Rate ($/sqft/yr)
$25
Median Size (sqft)
2,160
As of: August 17, 2017

Orleans Parish Rates

Most listings are in the $20's per square foot per year. The Orleans Parish region is going through a a boost in rates. In the last 3 months, the median rate rose $5 per sqft per year. That's a 27% rise in rent.

Compared to the rest of the Greater New Orleans Region market, the Orleans Parish submarket has less expensive rates, so you should have no trouble finding a great deal in this discounted region.

Orleans Parish Listing Supply

In the last 90 days, 87 listings have come on the market, so you'll want to check back regularly for new listings. About 59% of the available space in the Orleans Parish 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.

The standard measurement for office space in this area is around 2,160 sqft. Most properties in this region are close to 2 stories. Most buildings in this market were built in 0 and are Class B.

Orleans Parish Community

Market Report

Trends and status of the commercial real estate market in Orleans Parish.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Orleans Parish.
Research

Orleans Parish Submarkets