The chart highlights the top U.S. states with the highest commercial rents from 2020 to 2025, showcasing growing costs for business spaces in major economic hubs. New York tops the list with an average of $89 per square foot, reflecting its high demand and premium market positioning. California follows closely at $85, and Massachusetts ranks third with $80, indicating strong commercial activity in these states. The District of Columbia posts $75, while Illinois records $74. Texas reaches $73, and Washington follows at $72, marking notable costs in rapidly developing markets. New Jersey and Virginia register $71 and $70, respectively, with Florida at $69. The remaining states in the top 20 show rent prices ranging from $68 in Pennsylvania down to $59 in Tennessee, reflecting geographic variations and the concentration of business hubs in coastal and urban states driving higher commercial property values.
| Labels | 2020–2025 (USD/sq ft) |
|---|---|
| New York | 89 |
| California | 85 |
| Massachusetts | 80 |
| District of Columbia | 75 |
| Illinois | 74 |
| Texas | 73 |
| Washington | 72 |
| New Jersey | 71 |
| Virginia | 70 |
| Florida | 69 |
| Pennsylvania | 68 |
| Georgia | 67 |
| Colorado | 66 |
| Maryland | 65 |
| North Carolina | 64 |
| Arizona | 63 |
| Michigan | 62 |
| Ohio | 61 |
| Oregon | 60 |
| Tennessee | 59 |
