Highlights
- The average rent for office space in Hartford is $20.15 per square foot, 10.32% lower compared to the previous year.
- The market’s vacancy rate stands at 21.46%, lower than the state average of Connecticut, which is 25.12%.
2025 Office Space Rent & Sales
- $20.15 2025 Avg. Asking Rent
- -10.32% Y-o-Y Avg. Asking Rent Change
- 21.46% 2025 Office Vacancy Rate
What is the average asking rent price for office space in Hartford?
Average asking rents for office space here stand at $20.15 per square foot. The local office market recorded an average vacancy rate of 21.46% in 2025, unchanged from 21.46% in 2024.
Hartford, CT Office Asking Rents by Class
What is the average office rent per square foot by property class in Hartford?
- Avg. Asking Rent Class A & A+$21.24
- Avg. Asking Rent Class B$16.94
What is the average office rent per square foot by property class in CT?
- Avg. Asking Rent Class A & A+$27.38
- Avg. Asking Rent Class B$20.72
- Avg. Asking Rent Class C$19.56
For comparison, the average rent for Class A and A+ office space in Connecticut was $27.38 per square foot. The state-wide average for Class B space was $20.72 per square foot, and Class C office spaces averaged $19.56 per square foot.
Hartford, CT Office Indicators by Submarket
| Submarket | Asking Rents | Vacancy Rates |
|---|---|---|
| Hartford - Downtown | $20.22 | 19.68% |
| Greater Hartford | $17.67 | 22.69% |
What are the largest recent office completions in Hartford?
The largest recent office completion here is State House Square at 844,813 square feet, completed in 1987. The next largest completions are Goodwin Square and CityPlace II.
| Office building | Address | SF | Completed |
|---|---|---|---|
| Hartford 21 | 241 Trumbull Street, 06103 | 162,257 | 2006 |
| Capitol Place | 21 Oak Street, 06106 | 113,000 | 1990 |
| Goodwin Square | 225 Asylum Street, 06103 | 381,336 | 1989 |
| CityPlace II | 185 Asylum Street, 06103 | 320,381 | 1989 |
| State House Square | 90 State House Square, 06103 | 844,813 | 1987 |
| Hartford Square North | 10 Columbus Blvd, 06106 | 229,303 | 1986 |
| Constitution Plaza - 200 Constitution Plaza | 200 Constitution Plaza, 06103 | 135,000 | 1986 |
| 430 New Park Avenue | 430 New Park Avenue, 06110 | 24,250 | 1986 |
| 81 Gillette Street | 81 Gillette Street, 06105 | 15,000 | 1986 |
| Trinity Health New England | 1795 Broad St, 06114 | 5,148 | 1986 |
See reports for other markets
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- Greenwich Office Rent Price
- Danbury Office Rent Price
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Disclaimer
All information on this page is based on city-level data that includes properties equal to or larger than 25,000 square feet.
Averages were calculated based on values dated between January 1st and December 31st 2025. Construction pipeline data represented herein is valid as of January 2026.
While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor Yardi Research Data can guarantee that the information provided is complete.