Monthly Office Space Rentals in NYC: What an Office Costs per Month
Monthly office space rentals in NYC come in two kinds, and a budget has to tell them apart. Renting monthly means a coworking membership you can end on short notice, at roughly $800 to $1,400 a month for every desk. Paying monthly on a lease means a private floor held for a term of a year or more, with rent quoted per square foot per year and billed each month. To convert, multiply the yearly rate by the square feet and divide by twelve. The live block lists mid-priced floors and what each one asks, which gives you real numbers to convert.
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Price my monthly rentUpdated 2026-10-03 · Nomad Group
Renting monthly and paying monthly are different commitments
Both produce an invoice every month, which is why they get confused. The difference is what you owe if you leave. On a membership you generally owe the notice period and little else. On a lease, rent is owed for every remaining month of the term, whether or not the team is still in the space, unless the lease itself gives you a way out. A startup budgeting a monthly number should write down which of the two the number belongs to.
The monthly number for coworking desks
- 5 desks: $4,000 to $7,000.
- 10 desks: $8,000 to $14,000.
- 20 desks: $16,000 to $28,000.
Those figures include furniture, internet and cleaning. They leave out meeting room hours beyond your allowance, printing and any setup fee, so ask for a full quote. Our playbook compares desks with a lease at each team size.
The monthly number for a leased floor: the conversion
Work in three steps: headcount times 175 gives the square feet, square feet times the yearly rate gives the annual rent, and dividing by twelve gives the month. Say ten people take 1,750 square feet at $65 a square foot: that is $113,750 a year, or about $9,480 a month.
Then add what the rate leaves out. Electricity adds $2 to $4 a year for each square foot, about $290 to $580 a month on that space. Internet and cleaning are yours, the deposit is due up front, and furniture is a one-time cost unless the floor is furnished. The rent per square foot page shows the same sum on current listings, and the calculator runs it for your headcount.
A furnished office on a monthly basis: what exists
By the month, a furnished office means a room inside a coworking space. A furnished floor of your own is leased, for about 12 months at the short end, and you pay that lease monthly. The furnished floor moves quickly, two to four weeks from signing to move-in, but it is a commitment for the term. A sublease can be shorter when the original tenant's lease is close to its end.
Before signing a monthly agreement: five checks
- The notice you must give, and from which date it counts.
- Whether the agreement renews automatically.
- When the price can go up.
- The deposit and the date it is returned.
- What the fee leaves out.
Have your attorney confirm anything that is unclear.
Floors asking $50 to $75 per square foot
Live from our listings · 6 of the 20, cheapest first20 of the 46 floors with a published rent ask $50 to $75 per square foot per year, from 2,500 to 27,344 square feet.
- Floors
- 20
- Sizes
- 2,500-27,344 sq ft
- Asking rent
- $50-$72 / sq ft
- 127 West 26th Street, Entire 7th Floor 9,500 sq ft $50/sq ft Chelsea about 54 people
- 151 West 26th Street, 12th Floor Penthouse 17,610 sq ft $56/sq ft Chelsea about 101 people
- 29 West 17th Street, Partial 7th Floor 2,500 sq ft $60/sq ft Union Square about 14 people
- 1235 Broadway, Entire 4th Floor 9,500 sq ft $62/sq ft NoMad about 54 people
- 151 West 26th Street, Partial 10th Floor 9,000 sq ft $64/sq ft Chelsea about 51 people
- 54 West 21st Street, Partial 4th Floor 3,960 sq ft $72/sq ft Flatiron about 23 people
The full guide
This page is the short answer. The long one, with the numbers worked through, is here:
Related topics
- Month-to-Month Office Lease in Manhattan: Does One Exist?
- Month-to-Month Office Lease Agreement: What It Must Say Before You Sign
- Month-to-Month Offices in NYC: What a Startup Can Actually Rent
- Month-to-Month Office Space Rental: Three Cases Where It Fits, and When to Stop
What is the formula for monthly rent from a yearly rate per square foot?
Square feet times the yearly rate, divided by twelve. Say 2,000 square feet at $60: 2,000 times 60 is $120,000 a year, and that divided by twelve is $10,000 a month, before electricity and other charges.
What does a 10-person office cost per month in Manhattan?
In coworking, $8,000 to $14,000 for ten desks. On a lease, ten people need about 1,750 square feet, and the rent depends on the rate, which is why the block on this page lists real floors with what they ask. Add electricity, internet and cleaning to the lease figure before comparing.
Can a startup rent a furnished office for a single month?
In a coworking space, yes: memberships are monthly and furnished. On a private floor, no. Landlords lease floors for a term, and furnished ones start at about a year.
Which costs are missing from a quoted monthly rent?
Electricity, internet, cleaning and insurance, plus the yearly escalation of roughly 2.5 to 3 percent that raises the rent after the first year. One-time costs sit outside it too: the security deposit, furniture, cabling and moving.
Talk to a broker
Want this answered for your team?
Tell us three things: team size, timing, budget. A first shortlist can be ready within 24 hours, with the asking rent on every floor that publishes one.
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- Open pricingasking rent published for 46 of 49 floors, size and address for all
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