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Office Space Price Index — October 2026

October 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 461 priced spaces live on our platform as of October 2026. These are operator asking prices; negotiated rates typically land 10–20% under.

The five markets at a glance

MarketMedian $/person/movs SeptemberMiddle 50%Priced spaces
New York City$700▲ $34$525–$900177
Miami$574▼ $5$423–$75036
Los Angeles$500▲ $31$379–$699160
Atlanta$363flat$249–$49938
Houston$329flat$249–$50950

New York City remains the most expensive market at $700/person; Houston is the value play at $329 — 47% of the New York City median for a comparable private office.

New York City by neighborhood

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

How the market is moving

The biggest market move was New York City, up $34 per person on the median. Atlanta, Houston held flat month over month. New York inventory grew by 19 priced spaces (177 vs 158).

Browse the spaces behind the numbers

Every figure above is backed by live, tourable inventory: New York City · Miami · Los Angeles · Atlanta · Houston. 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: September 2026.

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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