The typical asking rate per listing is in the $10's per square foot per year. The Cedar Falls region is seeing a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 7% decline in rent.
In the last 90 days, 6 listings have been posted online, which means office spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 250% of the listings in the Cedar Falls 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.
The standard measurement for office space in this area is around 2,000 sqft. Most buildings in this area are close to 1 stories. Most buildings in this area were built in 1983 and are Class A.