On average, listings lease in the $20's per square foot per year. The Greater Baltimore region is going through a decline in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 9% decrease in rent.
Compared to the rest of the Greater Baltimore market, the Greater Baltimore submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 591 listings have been made available, so you'll want to check back regularly for new listings. About 118% of the office spaces in the Greater Baltimore 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 3,290 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are close to 2 stories. Most buildings in this region were built in 1983 and are Class B.