Most listings are in the $20's per square foot per year. The Hospital Hill region is going through a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 4% decline in rent.
Compared to the rest of the Kansas City market, the Hospital Hill submarket has less expensive rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 6 listings have come on the market, which means leases are probably leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 2,800 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are close to 2 floors. Most buildings in this area were built in 1910 and are Class B.
Finance and insurance are the dominant industries in this market. Commute by walking is the most popular way to get to work amongst Hospital Hill occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.