Most listings are in the $20's per square foot per year. The College Hill region is going through a decline in rates. In the last 3 months, the median rate fell $19 per sqft per year. That's a 40% decrease in rent.
Compared to the rest of the Greater Boston market, the College Hill submarket has greater rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 0 listings have been listed, which means listings might be leasing quickly. You'll want to be prepared to make an offer immediately. About Inf% of the available space in the College Hill 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 3,560 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are around 4 stories. Most buildings in this region were built in 1975 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this market. Most of the residents of College Hill work from home. Commuting around 15 minutes a day is the norm for those who opt to reside in this part of town.