Most listings are in the $40's per square foot per year. The French Quarter submarket is seeing a an increase in rates. In the last 3 months, the median rate rose $20 per sqft per year. That's a 68% rise in rent.
In the last 90 days, 11 listings have been posted online, which means listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 91% of the listings in the French Quarter 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 2,570 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are close to 3 floors. Most buildings in this market were built in 1900 and are Class A.
A large portion of this region is residential, but there's plenty of office_space. Real estate is the dominant industry in this market. Commute by car is the most popular way to get to work amongst French Quarter residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.