On average, listings lease in the $30's per square foot per year. The Travis County region is seeing a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 2% decrease in rent.
Compared to the rest of the Greater Austin market, the Travis County region has more expensive rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 412 listings have been made available, so you'll want to check back regularly for new listings. About 14% of the office spaces in the Travis County 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 posted, so finding a space for a small business might be tough.
Even though the median size is 2,660 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are around 2 floors. Most buildings in this market were built in 1985 and are Class A.