Most listings are in the $20's per square foot per year. The Fifth Ward region is seeing a a rise in rates. In the last 3 months, the median rate went up $0 per sqft per year. That's a 0% rise in rent.
In the last 90 days, 12 listings have been posted online, which means new availabilities are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 8% of the available leases in the Fifth Ward are subleases, so you will probably have to consider a longer term lease. 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 1,000 sqft. Most properties in this market are around 3 floors.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this area. Most of the residents of Fifth Ward work from home. Commuting approximately an hour a day is the norm for those who opt to reside in this part of town.