The typical asking rate per listing is in the $30's per square foot per year. The Downtown Houston region is going through a a rise in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 2% rise in rent.
Compared to the rest of the Houston Metro market, the Downtown Houston submarket has more expensive rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 86 listings have been listed, so you'll want to check back regularly for new listings. About 6% of the office spaces in the Downtown Houston are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 5,921 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are around 16 stories. Most buildings in this area were built in 1962 and are Class A.
Real estate is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst Downtown Houston residents. Commuting close to an hour a day is the norm for those who opt to reside in this part of town.