On average, listings lease in the $20's per square foot per year. The Orleans Parish region is experiencing a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 3% decline in rent.
Compared to the rest of the Greater New Orleans Region market, the Orleans Parish region has less expensive rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 80 listings have come on the market, so you'll want to check back regularly for new listings. About 4% of the available space in the Orleans Parish are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,760 sqft. Most buildings in this area are around 2 stories. Most buildings in this market were built in 0 and are Class Class B.