The typical asking rate per listing is in the $20's per square foot per year. The French Quarter - CBD region is going through a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 3% decrease in rent.
Compared to the rest of the Greater New Orleans Region market, the French Quarter - CBD submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 43 listings have been posted online, so you'll want to check back regularly for new listings. About 5% of the available leases in the French Quarter - CBD are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 3,280 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region are close to 5 floors. Most buildings in this region were built in 0 and are Class A.
A large portion of this region is residential, but there's plenty of office_space. Agriculture is the dominant industry in this region. Commute by motorcycle is the most popular way to get to work amongst French Quarter - CBD residents. Commuting approximately 15 minutes a day is the norm for those who opt to reside in this part of town.