Most listings are in the $20's per square foot per year. The Arts District region is experiencing a a rise in rates. In the last 3 months, the median rate rose $5 per sqft per year. That's a 20% rise in rent.
In the last 90 days, 9 listings have been listed, which means new availabilities most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 33% of the available space in the Arts District are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 30,000 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this market are around 2 stories. Most buildings in this market were built in 1961 and are Class C.
A large portion of this market is residential, but there's plenty of office_space. Finance and insurance are the dominant industries in this market. Commute by bike is the most popular way to get to work amongst Arts District occupants. Commuting close to an hour a day is the norm for those who opt to reside in this part of town.