Most listings are in the $70's per square foot per year. The Cambridge submarket is experiencing a an increase in rates. In the last 3 months, the median rate rose $30 per sqft per year. That's a 64% rise in rent.
Compared to the rest of the Greater Boston market, the Cambridge region has greater rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 19 listings have come on the market, which means office spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 7,130 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are close to 5 floors. Most buildings in this market were built in 1983 and are Class A.