Most listings are in the $30's per square foot per year. The St. Edwards submarket is going through a decline in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 6% decrease in rent.
Compared to the rest of the Greater Austin market, the St. Edwards submarket has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 2 listings have been posted online, which means office spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 200% of the available leases in the St. Edwards are subleases, so you might be able to sign a shorter term by taking over a previous 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 1,890 sqft. Most buildings in this region are close to 2 stories. Most buildings in this market were built in 1984 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this region. Most of the occupants of St. Edwards work from home. Commuting approximately an hour a day is the norm for those who opt to reside in this part of town.