Office Space Costs in the United States: A Complete Guide

What is the Average Cost for Office Spaces in the US in 2025?

In the United States, the national average cost of office space is around $33 per square foot, according to a CommercialEdge report.

Statista’s 2025 data show that office costs in the U.S. vary significantly depending on the city. Manhattan remains the priciest market, with an average price of around $70 per square foot in the second quarter of 2025.

Meanwhile, Dallas, which has one of the largest office inventories in the country, sits much closer to the national average at about $33 per square foot. High vacancy rates, which have persisted since the pandemic, continue to influence prices across both downtown hubs and suburban markets.

Comparison of Office Space Prices in the US by Grades

When you start looking for office space in the U.S., one of the first things you’ll notice is that not all buildings are the same. Beyond the city you choose, office spaces are also grouped into grades — Class A, B, and C — and each one tells a different story.

Class A is the luxury option. These offices are typically brand new or recently renovated, featuring polished finishes, modern designs, and numerous amenities that make daily work feel seamless. Of course, luxury comes at a price, and rents in this area typically range from $30 to $60 per square foot.

If you do not need all the bells and whistles, Class B is a smarter balance. These spaces offer solid quality without the premium tag, and you can generally expect rents to be between $20 and $35 per square foot.

Class C is the budget-friendly choice. These buildings are older, may have fewer amenities, and often come with a more basic setup. However, for startups, small teams, or businesses that closely monitor expenses, paying $10 to $20 per square foot can be a smart move. Ultimately, the right office grade depends on what matters most to your team — premium perks, practical value, or simply keeping costs low.
 

Comparison of Flexible Office Space Prices in the US

Flexible office space is designed to accommodate various business needs, and prices vary depending on the type of setup you select. From private offices to coworking spaces, each option offers its own style of flexibility and cost structure.

Below, we have compared flexible office space prices in the US for a deeper understanding of the market.

Private Offices

Private offices are ideal if you want dedicated space for yourself or your team. They provide privacy, security, and a professional setting while still offering access to shared amenities, including meeting rooms, kitchens, and lounges. In the U.S., private office rentals can range from $500 to $1,200 per person per month, depending on the city and the building's grade.

Virtual Offices

A virtual office is a cost-effective solution for businesses that don’t require a physical workspace every day but still need a professional business address, mail handling, and occasional access to meeting rooms. Prices for virtual offices typically start at $50 to $150 per month, making them a popular option for freelancers and startups.

Enterprise Offices

Enterprise offices are designed for larger teams that require entire floors or customized layouts. They combine the flexibility of serviced offices with the scale of traditional leases. Since they’re tailored to each company, pricing can vary significantly. Generally, enterprise offices start at around $25 to $40 per square foot annually, with total costs depending on team size and requirements.

Coworking Spaces

Coworking space is one of the most popular options for flexible workspaces. It enables individuals and small teams to work in an open, collaborative environment. Memberships are typically priced monthly, with hot desks ranging from $25 to $250 per month, and dedicated desks usually costing between $300 and $600 per month in major U.S. cities.

Comparison of Office Space Prices in Different Locations of the USA

Office rental rates vary dramatically across U.S. cities, and location is often the biggest factor driving price. For example, office space cost in San Francisco is around $70.56 per square foot, making it one of the most expensive markets in the country.

In New York City, particularly Manhattan, average rents for office spaces are even higher, ranging from $80 to $90 per square foot. Washington, D.C., also ranks on the pricier side, with office spaces typically ranging from $50 to $65 per square foot.

At the same time, office space cost in Los Angeles averages $48.72 per square foot, although rates can range from $16.20 to as high as $300, depending on the location, size, and building type.
Other cities also stand out with their premium pricing. The office space cost in Miami is around $54.37 per square foot, making it the second-highest in the U.S., driven by strong demand and limited premium availability.

Similarly, office space cost in Boston averages $53.35 per square foot, reflecting its importance as a hub for finance, technology, and education. In Chicago, office rents are more affordable, averaging $31.89 per square foot, while in San Diego, average rents sit at $44.35 per square foot, with variations based on property class and location.

For businesses seeking affordability, several markets provide excellent value. Dallas office space averages $31.31 per square foot. On the other hand, office spaces in Orlando cost $28.11 per square foot, and Tampa office spaces cost $30.29 per square foot. These lower-cost markets are desirable to startups and small businesses seeking modern offices without exceeding their budget.

In Houston, Texas, office spaces cost around $30.18 per square foot per year, while Florida, as a whole, is relatively affordable, with an average cost of office spaces at $35.94 per square foot.

Vacancy trends are also influencing prices nationwide. For example, Austin averages $45.68 per square foot, but rising vacancy rates are currently around 27.9%, giving tenants more negotiating power and creating opportunities for cost savings.

A summarized table is presented below to provide a clear picture of office space prices in major U.S. Cities (2025).

Ultimately, the best city for office space depends on your business priorities. If prestige and visibility are the top priorities, paying higher rates in places like San Francisco or Boston may be worthwhile. However, if affordability and flexibility are the goals, Dallas, Orlando, or Tampa offer attractive options with modern amenities at lower costs.

Flexible Office Space US Market Insights

In 2025, the U.S. office market is showing signs of resilience despite broader economic pressures. Manhattan is a good example, where leasing activity reached 21.1 million square feet in the first half of the year, the strongest performance since 2014.

What makes this trend notable is that many tenants are not just renewing their leases but also expanding their footprints. In fact, larger relocations exceeding 20,000 square feet led to nearly 80% of companies increasing the size of their offices, indicating that businesses still perceive long-term value in physical workspaces, even as hybrid and remote work models gain prominence.

When it comes to costs, the differences across U.S. cities remain significant. San Francisco leads the list as the most expensive market, with average office rents around $72.30 per square foot annually, followed by New York City at $68.50 per square foot.

Secondary cities, such as Austin, Nashville, and Raleigh-Durham, offer more moderate prices, ranging from $25 to $60 per square foot, while suburban markets typically run 15% to 30% cheaper than prime downtown locations.

For businesses considering their options, the challenge lies not only in the rent itself but also in the hidden costs associated with traditional office space. Beyond base rent, companies must budget for utilities, maintenance, insurance, and buildout expenses, all of which can significantly increase the total cost beyond what is expected.

Flexible office solutions, such as coworking memberships and serviced offices, solve this issue by offering all-inclusive pricing that covers everything in a single monthly fee. This transparent model makes budgeting easier, reduces financial risk, and provides companies with the flexibility to scale their space up or down as their needs change.

Affordable Office Spaces to Rent in the USA

Not every office has to come with a sky-high price tag. Across the U.S., there are plenty of affordable workspace providers that help startups, freelancers, and growing businesses find professional environments without overspending. From flexible coworking memberships and private offices to virtual offices and day passes, these options let you pay only for what you actually use.

At Office Hub, we make renting office space in the USA affordable and straightforward. You can choose a workspace that’s personalized to your needs, whether it’s a private office for your team or a shared coworking desk in a creative hub.

Below, we have highlighted some of our affordable workspace partners operating across different US locations.

Apt Cowork

Apt Cowork is an excellent example of affordability without compromise. With prices starting at just $53 per person per month, it offers both private and coworking spaces designed for productivity. The environment is distraction-free, offering flexible memberships that cater to individuals or teams. You can even grab a day pass if you need a professional setup for a short time.

The Examples of Apt Cowork spaces in the United States are:

• Apt Cowork - 2191 S McClelland Street, Salt Lake City
• Apt Cowork - 346 Turnpike Road

Regus

Regus is one of the most recognized names in flexible workspaces, known for its global network and reliable services. In the U.S., Regus offers private offices starting at just $89 per person per month, making it a cost-effective solution for small teams or solo professionals. If you only need space occasionally, you can also book day offices from $39 per day, giving you the freedom to work in a professional setting without committing to a long-term lease.

The Examples of Regus office spaces in the United States are:

• Regus - 780 Park Avenue West, Mansfield
• Regus (United States) - 864 Grand Avenue

Venture X (USA)

Venture X offers modern coworking spaces designed for both entrepreneurs and established businesses, with prices starting at just $27 per person per month. Known for its hospitality-driven approach, the team goes beyond providing desks by welcoming clients, supporting networking events, and ensuring a professional environment. Members also enjoy access to a global portfolio of offices, making it a cost-effective and flexible choice for businesses that value quality and worldwide connectivity.

The Examples of Venture X (USA) office spaces in the United States are:

• Venture X (USA)  - 222 North Expressway 77/83, Brownsville
• Venture X - 110 16th Street

Budgeting Tips to Rent Office Spaces in the US

Finding the right office is exciting, but managing costs can feel overwhelming. With prices varying across cities and different lease models to consider, smart budgeting can save your business a lot of money in the long run.

Here are some practical tips to help you rent office space in the US within your budget.

1. Plan Beyond Just Rent

Rent is only one part of the total office cost. You’ll also need to budget for utilities, internet, cleaning, furniture, and maintenance. These hidden expenses can easily add an extra 20–30% to your monthly bill, so it’s smart to plan for them upfront. You can also learn how to reduce the cost of your office to prepare a budget more efficiently.

2. Know the Market Rates

Office space costs vary widely depending on the city. For example, the cost of office spaces in Miami is around $54.37 per square foot, while in San Francisco, prices reach about $70.56 per square foot. Checking the average rates in your city helps you negotiate better and avoid overpaying.

Calculate Based on Square Footage

Always work out your cost per square foot. For instance, a 2,000-square-foot office in Miami could exceed $108,000 annually just in rent. This calculation provides a realistic estimate of what you can afford before committing to a lease.

Compare Flexible vs. Traditional Offices

Flexible workspaces often charge one all-inclusive monthly fee, covering rent, utilities, and amenities. Traditional leases, on the other hand, may appear cheaper but usually come with added costs. Comparing both models can help you choose the one that best fits your business needs.

How to Calculate Office Space Cost in the USA

When planning your office budget, it’s not enough to just look at the base rent. Businesses often underestimate the “hidden” expenses that come with traditional office leases, such as utilities, maintenance, and insurance. A simple calculation can help highlight the real difference between a conventional lease and a flexible office option.

Example: Calculating Costs for 2,000 sq. ft. in New York City

For a traditional office lease, the average base rent is about $68.50 per square foot. For 2,000 sq. ft., that comes to $137,000 per year (around $11,417 per month). But the costs don’t stop there. Add operating expenses (roughly $15 per sq. ft., or $30,000 per year), utilities ($6,000), janitorial services ($4,000), and insurance/taxes (about $3,000), and the true monthly spend reaches close to $15,000.

By contrast, flexible office providers offer all-inclusive rates. In this case, an average $90 per sq. ft. rate would total $180,000 per year (about $15,000 per month). While the headline cost looks similar, the flexible office already includes cleaning, utilities, internet, and shared amenities — meaning no surprise bills or extra responsibilities.

This example demonstrates that flexible offices often provide greater predictability and reduced risk, whereas traditional leases can fluctuate with hidden charges. For companies looking to scale, budget with certainty, or avoid heavy upfront investment, flexible spaces make financial planning far easier.

Factors Impacting the Price of Office Spaces in the USA

When renting office space in the USA, costs can vary greatly depending on where you are looking and what you need. From the city you choose to the type of building and lease terms, multiple factors shape the final price per square foot. Understanding these elements can help you budget more effectively and choose the proper workspace for your business.

The major factors impacting the office space cost in the US are presented below.

Location Matters Most

City and neighbourhood play the most significant role in office pricing. For example, the cost of office spaces in San Francisco is around $70.56 per square foot, making it one of the priciest markets, while the cost of office spaces in Miami is around $54.37 per square foot, still high but slightly more affordable. In contrast, suburban areas tend to offer lower rates, sometimes 15% to 30% lower than those in downtown locations.

Building Class and Quality

Office buildings are typically categorized as Class A, B, or C. Class A offices are modern, with premium amenities and prime locations, and are priced the highest. Class B spaces offer a balance of cost and features, while Class C buildings are typically older and have fewer amenities, making them more budget-friendly.

Size and Layout of the Space

The size of the office you rent also impacts pricing. Larger spaces may lower the per-square-foot cost but increase the total monthly rent. Efficient layouts, such as open floor plans, can maximize space and reduce costs per employee.

Lease Terms and Flexibility

Long-term leases often come with lower rates, but they lock you in for years. Flexible and short-term rentals typically cost slightly more per square foot, but they offer the freedom to scale up or down as your team grows or shrinks.

Amenities and Services Included

Spaces that bundle in features like high-speed internet, cleaning, security, and access to shared facilities often cost more upfront but may save you money in the long run by reducing additional bills.

Market Conditions and Vacancy Rates

Finally, broader market trends play a role. Cities with rising vacancy rates tend to offer more competitive pricing, while high-demand hubs like Miami, Austin, or New York continue to hold premium rates despite market fluctuations.

How to Spot the Best Deal for Renting Office Spaces in the United States?

Understanding the office space cost in the US requires examining closely the factors of location, building class, office size, lease flexibility, and additional expenses. Prices can vary significantly between cities such as New York, San Francisco, Dallas, and Miami, so businesses need to align their choices with both budget and operational needs.

By researching different markets, comparing flexible options, and negotiating lease terms, you can find an office that strikes a balance between affordability and productivity.

Since navigating the U.S. office market can feel overwhelming, Office Hub is here to simplify the process. Our flexperts work with businesses of all sizes to explore available spaces, highlight the best-value deals, and negotiate terms that fit your goals.

Contact us today for personalized support and discover the best office space in the U.S. at the best possible price.