The typical asking rate per listing is in the $20's per square foot per year. The Waltham region is experiencing a decline in rates. In the last 3 months, the median rate fell $7 per sqft per year. That's a 23% decrease in rent.
Compared to the rest of the Greater Boston market, the Waltham region has smaller rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 32 listings have been posted online, which means office spaces are probably going fast. You'll want to be prepared to make an offer immediately. About 19% of the listings in the Waltham 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 5,630 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are close to 4 floors. Most buildings in this market were built in 1981 and are Class A.