On average, listings lease in the $20's per square foot per year. The Baltimore region is seeing a decline in rates. In the last 3 months, the median rate fell $15 per sqft per year. That's a 34% decline in rent.
Compared to the rest of the Greater Baltimore market, the Baltimore submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 58 listings have been posted online, so you'll want to check back regularly for new listings. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,540 sqft. Most buildings in this area are approximately 3 floors. Most buildings in this region were built in 1963 and are Class A.