On average, listings lease in the $50's per square foot per year. The District of Columbia Municipality submarket is experiencing a a boost in rates. In the last 3 months, the median rate went up $4 per sqft per year. That's a 8% rise in rent.
Compared to the rest of the Washington D.C. market, the District of Columbia Municipality submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 90 listings have been posted online, so you'll want to check back regularly for new listings. About 4% of the available leases in the District of Columbia Municipality 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.
Even though the median size is 3,300 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are close to 10 stories. Most buildings in this region were built in 1973 and are Class A.