Humble Office Rent Price & Sales Report

2023 Office Space Rent & Sales

  • $23.71 2023 Avg. Asking Rent
  • 2.58% Y-o-Y Avg. Asking Rent Change
  • 28.98% 2023 Office Vacancy Rate

Humble office price per square foot in 2023 was $23.71 on average. This marked a +2.58% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 28.98% across all asset classes combined.

See how this market compares to the national average: U.S. office space rent & sales.

Average Rent by Office Class

2023 Average Office Rent per Square Foot

  • Texas Class A & A+ Office Space$36.17
  • Texas Class B Office Space$24.95
  • Texas Class C Office Space$31.07

Humble, TX Office Asking Rents by Class

2023 Office Vacancy Rates in Humble

Submarket Asking Rents Vacancy Rates
East Houston $23.98 11.02%
Kingwood $23.76 21.16%
Cypress East $15.16 31.46%
Data provided by Commercial Edge
Submarket differences in factors such as property mix, degree of accessibility, and availability of amenities influence not only variation in office rent price, but also in vacancy rates. The overall office vacancy rate on the Humble market was 28.98% in 2023. Looking at the market stats on a more granular level, data shows that the lowest office vacancy rate in Humble was 11.02% in the East Houston submarket, while the highest office vacancy in the market was 31.46%, recorded in Cypress East.

Office Spaces for Rent in Texas

Coworking Spaces in Texas

2023 Office Construction in Humble, TX

  • Humble, TX Total SF under construction in 2024 308,323
Largest Office Properties Recently Completed in Humble
Office building Address SF Completed
8717 Humble Westfield - Bldg E 8717 Humble Westfield - Bldg E, 77338 7,290 2020
9240 North Sam Houston Pkwy East 9240 North Sam Houston Pkwy East, 77396 32,680 2019
Atascocita Medical Center 17903 West Lake Houston Pkwy, 77346 30,960 2014
Humble Medical Office 1485 FM 1960 Bypass Road East, 77338 46,000 2012
18648 McKay Blvd 18648 McKay Blvd, 77338 23,886 2012
9701 North Sam Houston Pkwy East 9701 North Sam Houston Pkwy East, 77396 43,680 2008
7203 Atascocita Rd 7203 Atascocita Rd, 77346 6,230 2008
8811 FM 1960 Bypass Road West 8811 FM 1960 Bypass Road West, 77338 41,688 2007
Atascocita Commons 6705 FM 1960 Road East, 77346 316,574 2006
18700 W Lake Houston Pkwy 18700 W Lake Houston Pkwy, 77346 21,278 2002

Worth noting among recent office completions on the Humble market is 8717 Humble Westfield - Bldg E, which is currently the largest new office development in the city, at 7,290 square feet.

Data provided by Commercial Edge

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This market stats report is based on analysis of city-level data that includes office properties equal to or larger than 25,000 square feet in size. Averages were calculated based on values dated January 1st 2023 through December 31st 2023. Construction pipeline data represented herein is valid as of April 2024. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Humble commercial properties sized 25,000 square feet or larger.

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 CommercialEdge can guarantee that the information provided is complete.