Most listings are in the $60's per square foot per year. The District of Columbia Municipality submarket is seeing a an increase in rates. In the last 3 months, the median rate rose $4 per sqft per year. That's a 6% 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 need to pay a premium to be in this hot submarket.
In the last 90 days, 61 listings have been listed, so you'll want to check back regularly for new listings. About 10% of the available leases in the District of Columbia Municipality are subleases, so you will probably have to consider a longer term lease. 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 5,680 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are around 10 stories. Most buildings in this area were built in 1976 and are Class A.