Most listings are in the $20's per square foot per year. The Fairmount - Art Museum region is going through a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 2% decline in rent.
Compared to the rest of the Philadelphia market, the Fairmount - Art Museum region has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 7 listings have been posted online, which means new listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 22,430 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are around 12 stories. Most buildings in this region were built in 1937 and are Class A.