On average, listings lease in the $30's per square foot per year. The Howard County submarket is seeing a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 2% decline in rent.
Compared to the rest of the Greater Baltimore market, the Howard County region has higher rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 172 listings have been posted online, so you'll want to check back regularly for new listings. About 3% of the listings in the Howard County are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 3,130 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are approximately 2 stories. Most buildings in this market were built in 1988 and are Class B.