The typical asking rate per listing is in the $20's per square foot per year. The Durham region is seeing a an increase in rates. In the last 3 months, the median rate increased $3 per sqft per year. That's a 14% increase in rent.
Compared to the rest of the The Triangle market, the Durham submarket has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 76 listings have been made available, so you'll want to check back regularly for new listings. About 97% of the available leases in the Durham 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 4,270 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are around 2 floors. Most buildings in this region were built in 1995 and are Class A.