The typical asking rate per listing is in the $60's per square foot per year. The District of Columbia Municipality submarket is going through a a rise in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 2% increase in rent.
Compared to the rest of the Washington D.C. market, the District of Columbia Municipality region has higher rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 47 listings have been posted online, so you'll want to check back regularly for new listings. About 11% of the listings in the District of Columbia Municipality 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 4,210 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are around 10 stories. Most buildings in this region were built in 1976 and are Class A.