The typical asking rate per listing is in the $60's per square foot per year. The South of Market region is going through a a rise in rates. In the last 3 months, the median rate increased $4 per sqft per year. That's a 6% increase in rent.
Compared to the rest of the Bay Area market, the South of Market submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 111 listings have been made available, so you'll want to check back regularly for new listings. About 30% of the listings in the South of Market are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 3,130 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are close to 3 stories. Most buildings in this region were built in 1923 and are Class B.
A large portion of this area is residential, but there's plenty of office_space. Agriculture is the dominant industry in this area. Most of the occupants of South of Market work from home. Commuting close to 30 minutes a day is the norm for those who opt to reside in this part of town.