Most listings are in the $20's per square foot per year. The Santa Barbara region is experiencing a decline in rates. In the last 3 months, the median rate fell $7 per sqft per year. That's a 22% decrease in rent.
In the last 90 days, 80 listings have been made available, so you'll want to check back regularly for new listings. About 9% of the listings in the Santa Barbara are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,880 sqft. Most buildings in this area are close to 2 floors. Most buildings in this area were built in 1986 and are Class A.