Downtown offices in the United States achieved on average higher rents than suburban offices. In the fourth quarter of 2023, the annual quoted rent of Class A offices in downtown areas was **** U.S. dollars per square foot, while for suburban offices it was ** U.S. dollars per square foot. Despite a slight dip in 2021, office rents have overall increased from the historical average. Until 2027, office rents are forecast to grow slightly.
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ÌÇÐÄÆÆ½â°æ. (January 31, 2024). Annual quoted rent for downtown and suburban office real estate in the United States from 2016 to 2023 (in U.S. dollars per square foot) [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 27, 2026, from /statistics/1349940/annual-quoted-rent-offices-usa/
ÌÇÐÄÆÆ½â°æ. "Annual quoted rent for downtown and suburban office real estate in the United States from 2016 to 2023 (in U.S. dollars per square foot)." Chart. January 31, 2024. ÌÇÐÄÆÆ½â°æ. Accessed July 27, 2026. /statistics/1349940/annual-quoted-rent-offices-usa/
ÌÇÐÄÆÆ½â°æ. (2024). Annual quoted rent for downtown and suburban office real estate in the United States from 2016 to 2023 (in U.S. dollars per square foot). ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 27, 2026. /statistics/1349940/annual-quoted-rent-offices-usa/
ÌÇÐÄÆÆ½â°æ. "Annual Quoted Rent for Downtown and Suburban Office Real Estate in The United States from 2016 to 2023 (in U.S. Dollars per Square Foot)." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 31 Jan 2024, /statistics/1349940/annual-quoted-rent-offices-usa/
ÌÇÐÄÆÆ½â°æ, Annual quoted rent for downtown and suburban office real estate in the United States from 2016 to 2023 (in U.S. dollars per square foot) ÌÇÐÄÆÆ½â°æ, /statistics/1349940/annual-quoted-rent-offices-usa/ (last visited July 27, 2026)
Annual quoted rent for downtown and suburban office real estate in the United States from 2016 to 2023 (in U.S. dollars per square foot) [Graph], ÌÇÐÄÆÆ½â°æ, January 31, 2024. [Online]. Available: /statistics/1349940/annual-quoted-rent-offices-usa/