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Lease Term

The industry average for lease terms is usually around 3-5 years

Find Houston office space for rent

Houston Office Space for Rent – Market Overview

With a large and diverse population, ample opportunities for networking, and plenty of resources available for small businesses, Houston has a lot to offer companies looking for office space. Houston, with a population of more than 2.3 million, is the seat of Harris County and the largest city in the nation by total area. Houston boasts more than 240 million square feet of total office inventory, making it the sixth-largest office market in the nation. In 2018, Houston had the seventh-highest GDP in the nation at $478.8 billion, trailing only New York, Los Angeles, Chicago, San Francisco, Washington, and Dallas-Ft. Worth. While the energy industry reigns supreme and plays a significant role in dictating economic stability, a large portion of the remaining Houston office space market is occupied by technology, shipping, biomedical research, aeronautics, manufacturing, healthcare, e-commerce, and media companies. In fact, Houston was named the 3rd fastest growing tech ecosystem in the country. Here are some key facts about the Houston office space market:

  • In Q2 2022, there were 242.7 million square feet of total office space inventory, 25% of which was vacant.
  • In the same time period, the average asking rent across the Houston market was approximately $32 per square foot per year. Class A space rental averages were at $36 per square foot per year, while Class B space rental averages were at $23 per square foot per year.
  • In the past 5 years, average asking rents in Houston have been stable for direct space, while average rents for subleases have decreased.
  • Notable companies that have leased office space in Houston in 2022 include Cheniere Energy, CTCI Americas, and Verdun Oil Company LLC.

Looking for office space near Houston? SquareFoot can help. Browse available Houston office spaces below and save listings that meet your needs based on pricing, size, lease term, and more. Once you sign up, our Houston brokerage team will work with you to find the perfect space for your business. Sign up or give us a call at +1 (281) 729-4729.

Popular Office Buildings in Houston, TX

Houston’s enormous office market presents a wide range of office spaces, which can be intimidating when a business is just beginning its search for commercial real estate. Contact one of our professional brokers to help you make the right decision when leasing your next Houston office space. To start, take a look at one of these three premier commercial buildings in the city:

  • 12 Greenway Plaza: 12 Greenway Plaza is a 15-story office building conveniently located in Greenway Plaza near Interstate 59 and Interstate 610 about five minutes west of Downtown Houston. This office building is designed to impress and notable tenants include Amegy Bank, Abby Office Centers, and Direct Energy. 12 Greenway Plaza offers great amenities, including access to banking services, a state-of-the-art conference center, a health clinic, an on-site hotel, and a five-star restaurant. Contact SquareFoot to schedule a tour or inquire about pricing.
  • 1000 Louisiana Street: Built in 1983, 1000 Louisiana Street—or Wells Fargo Plaza—is a 71-story skyscraper located in Downtown Houston and one of the most expensive office buildings. At 992 feet tall, it’s the city’s second-tallest building and the nation’s 20th-tallest building. Wells Fargo Plaza houses Dynegy, Targa, the Houstonian Lite club, the Consulate-General of the United Kingdom in Houston, Morgan Lewis, and Wells Fargo. Those working at Wells Fargo Plaza have access to a cafe, a premium fitness center, FedEx & UPS overnight services, and banking services. Commuters can easily access the building via the Houston Tunnel System or main highway I-49. Contact SquareFoot to schedule a tour or inquire about pricing.
  • 2211 Norfolk Street: Norfolk Tower is an office building located at 2211 Norfolk Street in Houston. The building currently has office spaces ranging from 444 to 7,251 square feet in size. Contact SquareFoot to schedule a property tour or inquire about pricing.

Exterior shot of 12 Greenway Plaza in Houston


Office Space Pricing in Houston | Average Cost per Square Foot

Here is the average cost per square foot of Houston office space for rent across Houston, as well as rents across its neighborhoods (for Q2 2022):

Neighborhood Average Asking Rent PSF Class A Asking Rent PSF Class B Asking Rent PSF
Houston office space (total) $31.50 $36.00 $23.00
Downtown Houston office space $41.00 $45.00 $29.00
Energy Corridor office space $27.50 $31.50 $21.00
Greenspoint office space $18.00 $20.00 $14.50
Greenway Plaza office space $34.00 $36.00 $29.00
Highway 6 office space No data No data No data
Medical Center office space $24.00 n/a $24.00
Midtown Houston office space $36.00 $38.00 $32.50
North Houston office space No data No data No data
Northwest Houston office space $20.00 $23.00 $18.00
Southeast Houston office space No data No data No data
Southwest Houston office space $19.00 $19.50 $18.50
The Galleria office space $35.00 $37.00 $28.00
Houston Heights office space No data No data No data
West Belt office space $27.50 $28.00 $26.00
Westchase office space $28.00 $32.50 $20.00
Sugar Land office space $31.00 $33.00 $23.00
The Woodlands office space $37.00 $42.00 $33.00
Spring office space $37.00 $42.00 $33.00
Cypress office space No data No data No data
Katy office space $31.00 $37.50 $22.00
League City office space No data No data No data
Clear Lake office space $24.00 $26.00 $21.00
Cinco Ranch office space $30.00 No data No data

According to the above table, the most affordable neighborhoods to rent office space in Houston are Greenspoint, Southwest Houston, and Northwest Houston.

Getting Around: Transportation in Houston for Commuters

Key facts about transportation in Houston:

  • Locals love to drive, and 90% of the workforce commutes by car.
  • Three loop highways encircle the city: Beltway 8, State Highway 99, and Interstate 610.
  • To avoid intense traffic on the Loop or the Sam Houston Tollway, many Houstonians live and work in the same neighborhood or live within a 30-minute drive to work.
  • Nearly 50 car shares operate within Houston and taking a taxi anywhere within the CBD only costs a $6 flat fare.
  • Metered parking is available on most downtown streets.
  • Houston’s METRO has 28 Park & Ride lots throughout the city that provide a convenient connection to over 50 bus lines and the Red, Green, and Purple light-rail lines. Expansion and improvement of the light-rail system are METRO’s primary goals.
  • Houston has an extensive network of tunnels that span six miles and connect 95 city blocks.
  • The underground system houses everything from banks to dry cleaners and plenty of shops or restaurants.
  • There is a bicycle sharing program called “B-Cycle.”
  • Houston has two major airports that make flying in and out of the city a breeze for frequent business flyers. The George Bush Intercontinental Airport (IAH) is one of the country’s busiest international airports and is located to the north of Downtown Houston. The William Hobby Airport lies to the southwest.


How do I find the right office space in Houston?

Work with a tenant broker to ensure that your team finds its ideal Houston office location. Tenant brokers are experts in the region and will help you navigate the market and get the best deal on your next office.

Which are the most popular neighborhoods in Houston, TX for renting office space?

Some of the most popular neighborhoods in Houston to rent office space are Galleria, Downtown Houston, and Houston Heights.

What are coworking options in Houston?

Popular options for coworking in Houston include WeWork, The Ranch Office, Cowork Lab, Firmspace Houston, and Serendipity Labs.

What should you consider when you rent office space in Houston, TX?

When renting office space in Houston, you should consider:

  1. Where your employees are located – will they rely on public transportation, or will they need a place to park?
  2. Cost – what is your budget for renting office space? Maybe it makes more sense to rent a shared space or a coworking space with your budget, or a Class B space in a secondary neighborhood instead of a Class A space downtown.
  3. Other companies in the neighborhood – If you are a startup company, you will want to be nearer to where similar younger companies are located. If you are in the oil/gas industry, it might be better to be in a neighborhood with more energy companies.