Most listings are in the $20's per square foot per year. The Waltham submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $13 per sqft per year. That's a 31% decrease in rent.
Compared to the rest of the Greater Boston market, the Waltham region has higher rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 17 listings have been posted online, which means new listings most likley are going fast. You'll want to be prepared to make an offer immediately. About 24% of the office spaces in the Waltham are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 5,750 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are close to 4 floors. Most buildings in this area were built in 1981 and are Class A.