On average, listings lease in the $20's per square foot per year. The Downtown St. Louis region is going through a an increase in rates. In the last 3 months, the median rate rose $24 per sqft per year.
Compared to the rest of the St. Louis market, the Downtown St. Louis submarket has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 59 listings have been posted online, so you'll want to check back regularly for new listings. About 108% of the listings in the Downtown St. Louis 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 posted, so finding a space for a small business might be tough.
Even though the median size is 10,210 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are approximately 4 stories. Most buildings in this market were built in 1963 and are Class A.
A large portion of this region is residential, but there's plenty of office_space. Real estate is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Downtown St. Louis residents. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.