Most listings are in the $20's per square foot per year. The Baltimore submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $7 per sqft per year. That's a 23% decline in rent.
Compared to the rest of the Greater Baltimore market, the Baltimore region has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 146 listings have come on the market, so you'll want to check back regularly for new listings. About 84% of the available leases in the Baltimore are subleases, so you might be able to snag a great spot on a short term. 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 2,740 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are close to 3 stories. Most buildings in this market were built in 1927 and are Class A.