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Austin Tenant Advisors is an office space rental agency that helps commercial Tenants & Buyers search for & find office space for lease in Austin and the greater metropolitan area within their ideal size, location, budget, & timing. We help you understand your current and future needs, select the best locations, & negotiate the lowest lease rates and best terms possible. We only represent Tenants, never landlord's, and our service is free!
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Call (512)-861-0525 or fill our our form
We do the work to find ONLY those office listings that meet your needs
You receive a map overview, photos, pricing, and floor plans
We set up and tour the best office space rentals with you
We help you negotiate the best deal & represent you every step of the way
How Much Does it Cost to Rent Austin Office Space?
Below are the average yearly cost per sf quoted by landlords to rent office spaces in Austin, Texas. These rental rates assume that all operating expenses are included (electric, janitorial, taxes, insurance, and maintenance). We are posting featured real estate rental rates as they're updated.
| Office space for rent | Class A | Class B | Class C | Vacancy Rate |
|---|---|---|---|---|
| Downtown Austin | $65.00 | $45.00 | $40.00 | 7% |
| Southwest Austin | $50.00 | $36.00 | $28.00 | 8% |
| North Austin | $42.00 | $35.00 | $28.00 | 14% |
| Northwest Austin | $42.00 | $35.00 | $28.00 | 10% |
| South Austin | $39.00 | $28.00 | $25.00 | 10% |
| Central Austin | $42.00 | $28.00 | $24.00 | 9% |
| Southeast Austin | $29.00 | $24.00 | $21.00 | 12% |
| Northeast Austin | $26.00 | $24.00 | $22.00 | 25% |
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Where to Lease Austin Tx Office Space
It's tough deciding on the best commercial real estate property type located in your ideal area for your existing business or startup. The decision is typically driven by factors such as the needs of employees, monthly cost, commute times, amenities, etc. To help guide you through the process we have profiled each area.
Downtown Austin
Austin's downtown central business district (CBD) is at the intersection of Martin Luther King Jr Blvd to the North, N Lamar Blvd to the West, interstate 35 to the East, and W Cesar Chavez St/Lady Bird Lake to the South. Office Rental Rates will be the highest ranging from $60 to $75 sf and parking will cost $150 to $250 per person per month.
Central Austin
North Austin
Bordered by Texas State Hwy 45 to the North, Mopac Expy to the West, Interstate 35 to the East, and Hwy 183 to the South. Close to the Arboretum and the Domain which consists of plenty of class A office and retail and walkable amenties.
Northeast Austin
Located at the border of I-35 to the West, Howard Ln to the North, and Hwy 290 to the South, this one of two areas that will have the cheapest rental rates per sf and sale price in town ranging from $21 to $25 per square foot.
South Austin
Southeast Austin
Southwest Austin
Frequently Asked Questions About Office Space Leasing
When Should I Start Searching For a New Office?
When you start your search for Austin office real estate depends on the size, condition, and popularity of the space, however in general it's a good idea to begin your search at least 3-12 months before your existing lease expires or before your ideal move in date if leasing office building for the first time. It takes longer than you think to find the right space, negotiate the deal, review the lease, and if necessary do all the tenant improvements.
How Much Office Do I Need Per Person?
Most companies average 125 to 200 sf per person depending on whether they lease Austin office space with an open layout our one with a lot of hard-walled rooms, however our office space calculator will help you calculate how many square feet of office real estate you need to ensure you don't end up renting more than you need.
How Do I Calculate My Monthly Office Cost?
Calculate the total yearly rental rate = base rent + operating expenses (aka NNN). Multiply the total yearly rental rate times the square footage. Then divide by 12 months.
Where Can I Find Cheap Office Space?
The least expensive Austin office buildings are located in South east and Northeast Austin. Rates will range from $21 to $25 sf. The type of buildings will mostly consist of warehouse and class C property type that have or need to be restored at some point and they won't have any amenities. Great for non-profits and startups looking to keep operating expenses & cost down.
What do I Need To Rent an Office?
- Good credit and strong financials. If startup 2-3 years of tax returns and/or large security deposit. If existing business 1-3 years of profit / loss statements, balance sheets, etc.
- Business plan if a startup.
- Security deposit and first months rent
- General liability and property insurance
- Internet and phone service as well as data cabling if none pre-existing.
- Furniture
Learn More About Austin | Market Data & Trends
The city of Austin is located in Travis County. Austin's the 4th largest city in Texas and 11th largest in the United States. with an estimated population of 950,715 and the average age is 31. Demographically the average income for residents is $33,000 and the median home price is $407,000. It's Known internationally as The Live Music Capital of the World and it's center to the University of Texas which is one of the largest employers in the area. Typical occupations for residents include industries such as scientific, professional, construction, technical, education, and hospitality services. The unemployment rate is currently 2.7% compared to the U.S which is 3.9%. Some of the most popular festivals in town have drawn millions of tourists such as South By Southwest (SWSW) music & arts festival and the Austin City Limits music festival. Austin routinely ranks among the best places in America to live & work and is #4 in the nation in early stage funding deals, #3 in population growth, and #27 in business creation. Transportation options are CapMetro Station, Uber, Lift, and scooters. It's only 15 to 20 minutes from Austin Bergstrom International Airport
The commercial real estate market it strong here and consists of over 450,000,000 square feet of mixed use office, retail, and warehouse. 56 million square feet of austin office space for lease including 36 million sf of Class A inventory
