Most listings are in the $70's per square foot per year. The Financial District region is going through a an increase in rates. In the last 3 months, the median rate went up $7 per sqft per year. That's a 10% increase in rent.
Compared to the rest of the Greater Boston market, the Financial District region has higher rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 36 listings have been listed, which means new listings might be leasing quickly. You'll want to be prepared to make an offer immediately. About 97% of the listings in the Financial District 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 available, so finding a space for a small business might be tough.
Even though the median size is 5,720 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are approximately 12 floors. Most buildings in this region were built in 1926 and are Class A.
Education is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Financial District residents. Commuting around an hour a day is the norm for those who opt to reside in this part of town.