On average, listings lease in the $30's per square foot per year. The Baltimore region is going through a a rise in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 4% increase in rent.
Compared to the rest of the Greater Baltimore market, the Baltimore submarket has higher rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 146 listings have been posted online, so you'll want to check back regularly for new listings. About 138% of the listings in the Baltimore 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 5,490 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are approximately 3 stories. Most buildings in this market were built in 1927 and are Class A.