On average, listings lease in the $20's per square foot per year. The Greater New Orleans Region submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $0 per sqft per year. That's a 0% decrease in rent.
Compared to the rest of the Greater New Orleans Region market, the Greater New Orleans Region region has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 218 listings have been made available, so you'll want to check back regularly for new listings. About 4% of the office spaces in the Greater New Orleans Region are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,950 sqft. Most properties in this area are approximately 1 floors. Most buildings in this region were built in 0 and are Class Class B.