Office Space Price Index — October 2026
Median private-office pricing for New York City, Miami, Los Angeles, Atlanta, Houston in October 2026, computed from live SquareFoot inventory, with month-over-month movement.
Most “office space for rent” searches in New York end at one of two extremes: a coworking desk in an open room, or a five-year lease on a raw floor. A private office — your own lockable space inside a serviced building, on a term measured in months — sits in between, and it’s what most teams of 2–15 actually want. Here’s what it costs right now, from live pricing across 158 currently-priced NYC spaces on our desk.
Private office pricing in NYC, August 2026
The citywide median is $666 per person per month, with the middle half of the market falling between $519 and $920. By submarket:
Live listings in New York City right now
Value pick57 West 57th Street$489/desk/moView this space →Typical315 Madison Avenue$700/desk/moView this space →Premium66 Hudson Blvd E$1,000/desk/moView this space →
Asking prices from operators, updated as inventory changes. See all New York listings →
| Submarket | Median $/person/mo |
|---|---|
| Brooklyn | $500 |
| Bryant Park | $599 |
| Grand Central | $650 |
| Midtown West | $659 |
| SoHo | $700 |
| Midtown East | $725 |
| Financial District | $800 |
| Midtown (Plaza District) | $1,000 |
| Chelsea | $1,106 |
Medians from currently-listed, priced spaces; operator asking prices, not negotiated rates. Updated August 2026.
What that buys you
At the median, a team of four runs about $2,700/month all-in — furniture, internet, cleaning, meeting-room credits, and a front desk included. A team of ten lands near $6,700/month. Compare that against a conventional lease, where the rent is only the start (build-out, furniture, wiring, and a 3–5 year commitment follow), and the premium per square foot starts to look like what it is: a fee for flexibility and zero capex.
Why the listed price is rarely the real price
Private office pricing moves weekly. Operators discount for term length, floor position, and how long a suite has sat empty — we routinely see 10–20% between the listed rate and what an operator will actually take. Every price above is an asking median; browse the live spaces and ask for exact pricing and a SquareFoot specialist confirms the current number directly with the operator, free.
Looking beyond Manhattan, or leasing for a practice? See office space in Brooklyn, where the median serviced office runs about $500 per person, and our step-by-step guide to office space for healthcare practices in NYC.
Two companions to this page: the small office guide for 1 to 10 person teams, with costs by team size and area, and office space near Grand Central, building by building.
By neighborhood: office space near Grand Central and Midtown East · NYC pricing by neighborhood.
Related reading
- NYC office pricing by neighborhood — the full submarket breakdown
- The complete guide to flexible office space
- Commercial real estate prices per square foot, updated for 2026
Related guides: startup & tech office space in NYC · medical office space in NYC · therapy office space in NYC