Most listings are in the $20's per square foot per year. The Downtown St. Louis region is seeing a a rise in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 3% increase in rent.
Compared to the rest of the St. Louis market, the Downtown St. Louis region has lower rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 59 listings have come on the market, so you'll want to check back regularly for new listings. About 97% of the available leases in the Downtown St. Louis 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 8,100 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are around 5 stories. Most buildings in this market were built in 1961 and are Class A.
This region is fairly equally mixed residential and commercial. Real estate is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Downtown St. Louis folk. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.