Highlights
- The average rent for office space in Houston is $26.85 per square foot, 11.05% lower compared to the previous year.
- The average sale price for office space in Houston is $101.16 per square foot, marking an increase of 6.29% compared to 2024.
- The market’s vacancy rate stands at 17.73%, higher than the state average of Texas, which is 17.16%.
- Renting Class A/A+ office space here costs $32.19 per square foot, while Class B averages $22.13 and Class C stands at $16.74.
- 1,187,709 square feet is currently under construction.
2025 Office Space Rent & Sales
- $26.85 2025 Avg. Asking Rent
- -11.05% Y-o-Y Avg. Asking Rent Change
- 17.73% 2025 Office Vacancy Rate
- $2.3B2025 Total Office Sales
- $101.16Avg. Sale Price/SF
What is the average asking rent price for office space in Houston?
Average asking rents for office space here stand at $26.85 per square foot. The local office market recorded an average vacancy rate of 17.73% in 2025, unchanged from 17.73% in 2024.
Office transactions in the local market in 2025 totaled a sales volume of $2.3B across 111 sales. These transactions commanded an average sale price per square foot of $101.16.
Houston, TX Office Asking Rents by Class
What is the average office rent per square foot by property class in Houston?
- Avg. Asking Rent Class A & A+$32.19
- Avg. Asking Rent Class B$22.13
- Avg. Asking Rent Class C$16.74
The average asking rent for Class A and A+ office space stood at $32.19 per square foot, indicating the best — and most expensive — that the market has to offer.
Class B space in Houston averaged $22.13 per square foot, while the average for Class C space was $16.74 per square foot.
What is the average office rent per square foot by property class in TX?
- Avg. Asking Rent Class A & A+$39.66
- Avg. Asking Rent Class B$24.95
- Avg. Asking Rent Class C$20.18
For comparison, the average rent for Class A and A+ office space in Texas was $39.66 per square foot. The state-wide average for Class B space was $24.95 per square foot, and Class C office spaces averaged $20.18 per square foot.
Houston, TX Office Indicators by Submarket
| Submarket | Asking Rents | Vacancy Rates |
|---|---|---|
| Neartown | $39.41 | 4.41% |
| West Houston | $37.07 | 17.02% |
| Memorial Villages | $36.04 | 11.54% |
| Greenway - Upper Kirby | $35.64 | 21.31% |
| Briar Hollow | $33.82 | 6.99% |
| Midtown | $32.73 | 10.96% |
| Central Business District | $32.60 | 11.55% |
| Galleria | $30.81 | 15.98% |
| Medical Center | $29.42 | 9.00% |
| South Houston | $29.37 | 17.26% |
| Beltway 8 | $28.28 | 24.32% |
| Bellaire | $27.53 | 27.18% |
| Energy Corridor | $27.30 | 21.14% |
| Cypress West | $26.99 | 33.47% |
| Westchase | $26.70 | 24.15% |
| Tanglewood | $25.17 | 16.38% |
| Briargrove | $25.14 | 10.63% |
| East Houston | $23.98 | 12.48% |
| North Loop | $23.47 | 17.11% |
| Clear Lake | $23.07 | 11.43% |
| Kingwood | $20.99 | 11.81% |
| Fairbanks | $20.58 | 15.16% |
| Greenspoint | $19.61 | 23.54% |
| Sharpstown | $19.16 | 48.72% |
| Westwood | $18.65 | 33.72% |
| Cypress East | $16.67 | 31.53% |
2025 Office Sales Volume
- $101.162025 Avg. Price per SF
- 6.29%Y-o-Y Avg. PpSF Change
- $2.3B2025 Office Sales Volume
- 1112025 Number of Transactions
What is the average sale price per square foot for office space in Houston?
Average sale prices for office space in this market recorded a +6.29% change in 2025 compared to the previous year.
Office transactions recorded in the market in 2025 averaged $101.16 per square foot. For comparison, the statewide Texas average during the same time period stood at $180.25 per square foot, while the national average was $182.48 per square foot.
Houston, TX Sale Price per SF Trend
- Houston Avg. Sale Price per SF in 2025$101.16
- Texas Avg. Sale Price per SF in 2025$180.25
What was the total office sales volume in Houston in 2025?
The local office market recorded 111 deals in 2025, adding up to a yearly sales volume of $2.3B.
- Houston, TX Total Office Sales Volume in 2025 $2.3B
- Houston, TX Total Number of Office Sales Closed in 2025 111
What were the largest office building sales in Houston in 2025?
The market’s largest transaction last year was the sale of 1600 Smith Street for $50,000,000 on 11/3/2025. The next-highest sale was the transaction involving TwentyFour25, which traded for $27,000,000. The third-largest transaction was the sale of 3100 South Gessner Road for $3,286,000.
| Property name | Address | Date | Price |
|---|---|---|---|
| 1600 Smith Street | 1600 Smith Street | 11/3/2025 | $50,000,000 |
| TwentyFour25 | 2425 West Loop South | 2/13/2025 | $27,000,000 |
| 3100 South Gessner Road | 3100 South Gessner Road | 7/10/2025 | $3,286,000 |
| 7011 Southwest Fwy | 7011 Southwest Fwy | 3/5/2025 | $1,000,000 |
2025 Office Construction in Houston, TX
- Houston, TX Total SF completed in 2025 253,856
- Houston, TX Total SF under construction in 2026 1,187,709
How much office space was built in Houston in 2025?
Looking forward, development activity in 2026 is estimated to add 1,187,709 square feet of office space to the market in total.
What are the largest recent office completions in Houston?
The largest recent office completion here is Three WestLake Park at 759,908 square feet, completed in 2026. The next largest completions are Forme and Museo - 5115 Fannin.
| Office building | Address | SF | Completed |
|---|---|---|---|
| Three WestLake Park | 550 Westlake Park Blvd, 77079 | 759,908 | 2026 |
| Bammel Business Park | 12902 Bammel North Houston Rd, 77066 | 67,000 | 2026 |
| The Swift Building | 621 Waverly Street, 77007 | 60,000 | 2026 |
| 6713 FM 521 Rd | 6713 FM 521 Rd, 77030 | 3,250 | 2026 |
| Synott Flex Retail Center | 10555 Synott Road, 77498 | 29,400 | 2024 |
| East River One | 2940 Riverby Road, 77020 | 96,500 | 2023 |
| East River Two | 2920 Riverby Road, 77020 | 72,100 | 2023 |
| The Studios at East River | 2850 Clinton Drive, 77020 | 30,000 | 2023 |
| Forme | 5501 La Branch Street, 77004 | 467,650 | 2022 |
| Museo - 5115 Fannin | 5115 Fannin Street, 77004 | 153,775 | 2022 |
See reports for other markets
- Austin Office Rent Price
- Dallas Office Rent Price
- San Antonio Office Rent Price
- Fort Worth Office Rent Price
- Plano Office Rent Price
- Irving Office Rent Price
- Arlington Office Rent Price
- The Woodlands Office Rent Price
- Richardson Office Rent Price
- Spring Office Rent Price
- Amarillo Office Rent Price
- Sugar Land Office Rent Price
- McKinney Office Rent Price
- Frisco Office Rent Price
- Southlake Office Rent Price
- Lewisville Office Rent Price
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.