Most listings are in the $30's per square foot per year. The Downtown Houston submarket is experiencing a an increase in rates. In the last 3 months, the median rate rose $6 per sqft per year. That's a 21% increase in rent.
Compared to the rest of the Houston Metro market, the Downtown Houston region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 143 listings have been listed, so you'll want to check back regularly for new listings. About 17% of the office spaces in the Downtown Houston are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 7,832 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this region are around 16 stories. Most buildings in this area were built in 1962 and are Class A.
Real estate is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Downtown Houston folk. Commuting approximately an hour a day is the norm for those who opt to reside in this part of town.