Most listings are in the $30's per square foot per year. The Downtown Houston region is seeing a an increase in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 2% rise in rent.
Compared to the rest of the Houston Metro market, the Downtown Houston region has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 79 listings have come on the market, so you'll want to check back regularly for new listings. About 3% of the available space in the Downtown Houston are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 5,921 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are approximately 16 floors. Most buildings in this area were built in 1962 and are Class A.
Real estate is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst Downtown Houston residents. Commuting close to an hour a day is the norm for those who opt to reside in this part of town.