The typical asking rate per listing is in the $30's per square foot per year. The Downtown Baltimore submarket is going through a an increase in rates. In the last 3 months, the median rate increased $31 per sqft per year.
Compared to the rest of the Greater Baltimore market, the Downtown Baltimore region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 49 listings have been listed, so you'll want to check back regularly for new listings. About 192% of the available leases in the Downtown Baltimore 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 posted, so finding a space for a small business might be tough.
Even though the median size is 6,650 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this area are close to 12 floors. Most buildings in this area were built in 1929 and are Class A.
A large portion of this region is residential, but there's plenty of office_space. Health care is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Downtown Baltimore folk. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.