The Central Business District (CBD) was the most expensive market for office real estate rental in Houston, Texas in the second quarter of 2024. The average direct asking rental rate of office space was approximately 43 U.S. dollars per square feet, compared to 17.5 U.S. dollars per square feet in FM 1960. Among the major office markets in Texas, Dallas had the most inventory, while Austin had the highest rental rates.
Annual office rent per square foot in different submarkets in Houston, Texas, United States in the 2nd quarter 2023
(in U.S. dollars)
Characteristic
Annual quoted rent in U.S. dollars per square foot
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Avison Young. (July 2, 2024). Annual office rent per square foot in different submarkets in Houston, Texas, United States in the 2nd quarter 2023 (in U.S. dollars) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1301616/houston-texas-office-square-footage-rent-by-submarket/
Avison Young. "Annual office rent per square foot in different submarkets in Houston, Texas, United States in the 2nd quarter 2023 (in U.S. dollars)." Chart. July 2, 2024. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1301616/houston-texas-office-square-footage-rent-by-submarket/
Avison Young. (2024). Annual office rent per square foot in different submarkets in Houston, Texas, United States in the 2nd quarter 2023 (in U.S. dollars). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1301616/houston-texas-office-square-footage-rent-by-submarket/
Avison Young. "Annual Office Rent per Square Foot in Different Submarkets in Houston, Texas, United States in The 2nd Quarter 2023 (in U.S. Dollars)." Statista, Statista Inc., 2 Jul 2024, https://www.statista.com/statistics/1301616/houston-texas-office-square-footage-rent-by-submarket/
Avison Young, Annual office rent per square foot in different submarkets in Houston, Texas, United States in the 2nd quarter 2023 (in U.S. dollars) Statista, https://www.statista.com/statistics/1301616/houston-texas-office-square-footage-rent-by-submarket/ (last visited December 22, 2024)
Annual office rent per square foot in different submarkets in Houston, Texas, United States in the 2nd quarter 2023 (in U.S. dollars) [Graph], Avison Young, July 2, 2024. [Online]. Available: https://www.statista.com/statistics/1301616/houston-texas-office-square-footage-rent-by-submarket/