On average, listings lease in the $20's per square foot per year. The Louisville region is seeing a a boost in rates. In the last 3 months, the median rate increased $21 per sqft per year.
Compared to the rest of the Louisville market, the Louisville submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 59 listings have been posted online, so you'll want to check back regularly for new listings. About 151% of the listings in the Louisville are subleases, so you might be able to find a shorter term or below market rent. 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 3,040 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this region are close to 2 floors. Most buildings in this region were built in 1890 and are Class B.