Most listings are in the $30's per square foot per year. The Belltown region is experiencing a decrease in rates. In the last 3 months, the median rate fell $9 per sqft per year. That's a 20% decrease in rent.
Compared to the rest of the Seattle Metropolitan Area market, the Belltown submarket has higher rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 41 listings have been made available, so you'll want to check back regularly for new listings. About 20% of the available leases in the Belltown 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 posted, so finding a space for a small business might be tough.
Even though the median size is 2,620 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are approximately 5 stories. Most buildings in this region were built in 1965 and are Class A.
A large portion of this area is residential, but there's plenty of office_space. Arts, entertainment, and restaurants are the dominant industries in this area. Most of the occupants of Belltown work from home. Commuting around 10 minutes a day is the norm for those who opt to reside in this part of town.