Average direct asking rent for office space in Boston 2023, by district
The Back Bay district was the most expensive real estate market for office space in Boston in the second quarter of 2023. On average, the average asking rent was about 70 U.S. dollars per square foot of office space. The gross rental rate usually includes costs for utilities and other general maintenance costs. The least expensive office real estate market was the Crosstown district, where the average gross rental rate was 34.5 U.S. dollars per square foot and therefore had the least amount of office space available among Boston districts in the same period.