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
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Annual office rent per square foot in different submarkets in Houston, Texas, United States in the 2nd quarter 2023
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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 February 17, 2025, 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 February 17, 2025. 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: February 17, 2025. 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 February 17, 2025)
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/
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