The typical asking rate per listing is in the $20's per square foot per year. The Santa Barbara submarket is seeing a an increase in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 3% rise in rent.
In the last 90 days, 211 listings have been posted online, so you'll want to check back regularly for new listings. About 7% of the available space in the Santa Barbara are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,240 sqft. Most properties in this area are close to 2 stories. Most buildings in this region were built in 1986 and are Class A.