Market Guide

Boston Office Space Guide

Boston is an established Northeast office market with strong demand from finance, law, healthcare, education, life science-adjacent firms, technology, and professional services. Tenants often compare downtown, Back Bay, Seaport, Cambridge, and nearby suburban markets based on talent access and cost.

Boston, MA Q1 2026 Office Space
Market Snapshot

Boston office space market snapshot

Average Rent
About $48 per square foot per year overall, with CBD averages around $65 per square foot per year

Full-service asking rent benchmarks, based on Cushman & Wakefield Boston Office MarketBeat Q1 2026.

Market Date
Q1 2026

Snapshot for current market context

Space Type
Office Space

Market context for office space options

Current Trends

What tenants are seeing now

  • Boston office demand remains uneven, with stronger interest in well-located and higher-quality buildings.
  • CBD asking rents remain materially higher than many suburban and outer belt options.
  • Healthcare, education, life science-adjacent, financial, legal, and technology users continue to shape tenant demand.
  • Companies often compare Boston with Cambridge, Somerville, Watertown, and suburban office markets.
Neighborhood Breakdown

Where to compare office space options

Financial District

A core office district for finance, law, consulting, insurance, and professional services users.

Back Bay

A strong fit for professional services, finance, boutique firms, and companies seeking central Boston access.

Seaport

Often considered by technology, life science-adjacent, professional, and growing companies seeking newer office options.

Fenway / Longwood

Useful for healthcare, education, research-adjacent, nonprofit, and service organizations.

Cambridge

A nearby comparison market for technology, life science, research, and innovation-oriented office users.

Space Planning

What size office space do you need?

Most businesses start by estimating team size, operational needs, customer access, storage needs, and future growth. If you are unsure, compare a few size ranges before narrowing the search.

  • Under 1,000 sqft can work for smaller teams, service businesses, or focused local operations.
  • 1,000-5,000 sqft often fits growing businesses that need a practical mix of work, customer, or support areas.
  • 5,000+ sqft is usually evaluated around layout, operational flow, and future expansion needs.
Next Steps

Compare office space in Boston

Use Rofo to compare current office space options in Boston or step back to the broader city market.