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Office Space Price Index — November 2026

November 1, 2026 | by Tech Admin

Every month we publish the median asking price for a private office — per person, per month — in the markets where SquareFoot’s desk sees the most search activity, computed from the 2481 priced spaces live on our platform as of November 2026. These are operator asking prices; negotiated rates typically land 10–20% under.

The five markets at a glance

MarketMedian $/person/movs OctoberMiddle 50%Priced spaces
Tokyo$50,400new$32,900–$72,50068
Johannesburg$2,290new$2,090–$2,49028
Dubai$1,835new$1,250–$2,25042
Sao Paulo$929new$619–$1,15941
Sydney$720new$459–$90063
New York City$700flat$529–$900174
Singapore$700new$540–$950104
Miami$574flat$423–$75036
Los Angeles$500flat$379–$699160
Berlin$487new$395–$55953
Paris$474new$333.33–$602336
London$470new$330–$660980
Toronto$420new$339–$69982
Vienna$419new$390–$44930
Dublin$400new$350–$52594
Atlanta$363flat$249–$49938
Houston$329flat$249–$50950
Manchester$300new$200–$36067
Glasgow$250new$199–$27535

Tokyo remains the most expensive market at $50,400/person; Glasgow is the value play at $250 — 0% of the Tokyo median for a comparable private office.

New York City by neighborhood

SubmarketMedian $/person/movs October
Bryant Park$599flat
Grand Central$650flat
Midtown West$659flat
Soho$700flat
Midtown East$725flat
New York$730flat
Financial District$800flat
Midtown$1,000flat
Chelsea$1,106flat

How the market is moving

New York City, Miami, Los Angeles, Atlanta, Houston held flat month over month. New York inventory shrank by 3 priced spaces (174 vs 177).

Browse the spaces behind the numbers

Every figure above is backed by live, tourable inventory: Tokyo · Johannesburg · Dubai · Sao Paulo · Sydney · New York City · Singapore · Miami · Los Angeles · Berlin · Paris · London · Toronto · Vienna · Dublin · Atlanta · Houston · Manchester · Glasgow. For the deeper per-market breakdowns, see our pricing guides: New York City · Miami · Los Angeles · Atlanta · Houston.

Methodology: medians are computed across all actively marketed, priced private offices and dedicated suites on SquareFoot’s flex platform on the first of the month. Submarkets with fewer than five priced listings fold into the citywide figure. Previous edition: October 2026.

Ready to look? See live New York offices with prices →

How Can We Help?

SquareFoot is a new kind of commercial real estate company. Our easy-to-use technology and responsive team of real estate professionals delivers the most transparent, flexible experience in the market. Get in touch to start your search today.

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