The typical asking rate per listing is in the $50's per square foot per year. The District of Columbia Municipality region is experiencing a a rise in rates. In the last 3 months, the median rate rose $5 per sqft per year. That's a 10% rise in rent.
Compared to the rest of the Washington D.C. market, the District of Columbia Municipality submarket has more expensive rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 90 listings have been made available, so you'll want to check back regularly for new listings. About 169% of the available space in the District of Columbia Municipality are subleases, so you might be able to snag a great spot on a short term. 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 4,380 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are close to 10 stories. Most buildings in this region were built in 1973 and are Class A.