Explore the latest trends in the U.S. flexible workspace market with our 2024 report.
We analyzed key data on demand, pricing, and supply, revealing surprising insights into who’s using flexible offices, where demand is highest, and how much businesses are paying.
KEY TRENDS
1 - Rising rates are the market’s way of flashing a big, neon “Open for Business” sign. The market average rate for a flex desk is sitting at $459/month in H1 2024, up from $455/month in H1 2023.
2 - More companies, regardless of size, are shifting to a variety of flexible workspace options, with 30% of desks inquired stemming from requirements for 26 or more desks.
3 - Despite all the work-from-home talk, demand for flexible offices is making a comeback, up 13% in 2024 from 2023.
By looking at these trends in key cities such as Austin, Boston, Chicago, Dallas, Los Angeles, Miami, New York City, San Francisco, Seattle, and Washington D.C., we provide essential context for operators looking to expand and maximize revenue.
Dive into the full report for a detailed look at the seismic shifts reshaping how and where we work.