How Much Do Office Space Rentals Cost?

Executive Business Centers

In terms of pricing, office rentals can vary from as little as 40-50 dollars per months to hundreds, depending on the type of the office and many other features. According to Executive Business Centers, here are some of the factors that will determine your monthly costs:

  • Physical or virtual – office rentals are no longer limited to physical space that you use from 9 to 5 every day. Physical offices are still very common, but they are also the most expensive, therefore many owners of small businesses and freelancers choose either to run their business from temporary offices that they rent only for the time they need or they work from home using virtual office solutions that provide a physical address, a phone number and a reception desk and are the cheapest of all options;
  • The size, the location and the amenities – the price of virtual offices is usually determined based on the virtual services provided, while the amount of money that you will have to pay for your physical office will be determined based on whether your contract is temporary or permanent as well as based on the size and the location of the office, the additional services that you need, such as special office equipment or a reception desk.