On average, listings lease in the $20's per square foot per year. The Raleigh submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 13% decline in rent.
Compared to the rest of the The Triangle market, the Raleigh submarket has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 292 listings have been made available, so you'll want to check back regularly for new listings. About 4% of the office spaces in the Raleigh 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 posted, so finding a space for a small business might be tough.
Even though the median size is 2,600 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are around 2 floors. Most buildings in this area were built in 1986 and are Class B.