Austin Office Space Listings
In addition to being home to many top tech companies, Austin’s economic landscape includes a range of other industries and employers, from local university positions to jobs in healthcare. Plus, Austin’s business-friendly environment — coupled with a relatively affordable housing market — have made the city a popular destination for many companies.
Austin boasts one of the highest levels of educational attainment nationwide, with nearly half of all residents 25 years or older having at least a bachelor’s degree. Several institutions of higher learning are located in the city, among them The University of Texas at Austin. One of the largest universities in the U.S., it houses an assortment of laboratories and research facilities – including the Bill & Melinda Gates Computer Science Complex and Dell Computer Science Hall. Other major colleges in and around Austin include Concordia University, St. Edward’s, Strayer University, Huston-Tillotson University, Southwestern, and Texas State University. The wide range of graduate programs and courses provided by these institutions play a great role in nurturing Austin’s remarkable talent pool.
The city’s emphasis on education has paid off as Austin has earned the moniker of “Silicon Hills” since the 1990s. Since then – and especially during the last decade – it has developed into a magnet for both prestigious companies as well as startups and ambitious entrepreneurs. Money and talent from across the U.S. flow into Austin, the city becoming a favored destination especially for businesses and professionals from the West Coast.
Austin’s skyscraper boom began in the 1980s. Since then, every few years, the current tallest building is outbuilt by a higher property. The city boasts hundreds of high-rise buildings and 110,382,350 square feet of total office space inventory. In 2020, 2,863,032 square feet of Austin office space was completed, while another 8,771,618 is under construction in 2021.
Major tech giants that are headquartered in or have significant numbers of employees in Austin include Dell, IBM, Apple and Samsung Austin Semiconductor. The city-wide office vacancy rate was 11% in 2020. Meanwhile, the average asking price for rent was $42.70 per square foot, and the average sale price per square foot was $284.70.
Austin Coworking Space Listings
Austin’s love for small businesses and its support of entrepreneurship are reflected not just by the famous ‘Keep Austin Weird’ slogan, but by the sheer number of freelancers and young firms located in the city. There are over 40,000 freelancers living and working in the Austin – accounting for approximately 7.3% of the total labor pool – that drive the demand for coworking spaces in the city.
Coworking is a collaborative and flexible work style that involves a shared workplace or shared office space. The difference between coworking and traditional offices is that people who work in a coworking space don’t usually work for the same company or organization.
The city’s coworking market reflects this vibrant confluence of people and cultures, as it caters to growing numbers of high-tech workers, entrepreneurs, educators, and public-sector employees. If you’re looking for next workspace, pay close attention to the most popular coworking spaces in Austin, as the city’s vibrant office market is set to accommodate the changing needs of their labor force.
With some 17 active listings in our databases, Downtown is one of the most popular neighborhoods for freelancers of companies in search of coworking and shared spaces In Austin. Another vibrant location, popular with entrepreneurs and freelancers is Anderson Mill - Jollyville, which currently has 4 active listings for coworking or shared spaces.
Browse through our listings for coworking & shared spaces in Austin, TX and find the best fit for your business needs. You can apply a series of filters to our list of 57 shared workspaces, to find your best match. Select a price range, preferred neighborhood, and amenities of your choice – from printing and scanning services, complimentary Wi-Fi, snacks and beverages to pet-friendly policies. Whether you are looking to rent office space for a day, trying to find an hourly office rental, or searching for a longer-term option, we’ve got you covered.