The typical asking rate per listing is in the $20's per square foot per year. The Orleans Parish submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 3% decline in rent.
Compared to the rest of the Greater New Orleans Region market, the Orleans Parish submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 70 listings have been made available, so you'll want to check back regularly for new listings. About 3% of the available leases in the Orleans Parish 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 2,820 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are close to 2 stories. Most buildings in this area were built in 0 and are Class Class B.