Birmingham's Serviced Office Price Guide
Compare prices on office space and coworking desks across Birmingham.
Birmingham Office Price Summary - Q4 2023
With more than 1.5 million residents, a thriving business community and a rich history as the world's first manufacturing town, it's no wonder businesses are flocking to Birmingham. Whether you're a new business or now just looking to readjust your office space post-pandemic, the city of Birmingham in West Midlands has plenty of options available for businesses of 5 up to 150.
Like Manchester, the amount of flexible office space increased throughout the pandemic as companies were forced to work from home and where possible exited their flexible short-term rental agreements.
The charts above highlight the median price of office space per person per month and the vacant flexible office space in sq.ft. in Birmingham to December 31, 2023 Source: Rubberdesk real-time availability.
After showing signs of recovery in early 2023, desk rates crashed 32% from £325 to £250, representing the largest fall seen in the UK this year. However, with office supply falling 11% since Q2, we expect prices to stabilise as supply tightens.
For those businesses looking to rent new office space, there should be great deals on offer such as free rent for 1-3 months for those businesses willing to commit to longer terms of 1 year or more.
Birmingham Flexible Office Space
| Median Office Rate Per Person | Median Coworking Desk Rate | Flex Floorspace Available (sq. ft.) | Available Desk Capacity |
|---|---|---|---|
| £250 | £165 | 120,350 | 2,407 |
Price by Office Size
When considering the cost of a serviced officed, it's important to know that prices vary by a range of factors including location and the size of the office. Larger offices tend to cost a bit more as they may include private meeting rooms, extra amenities as well as a private entrance. Median rates in Birmingham range from £175 per desk for a 16-25 person office to £300 per desk for a 1-10 person office or 50 plus person office.
Price by Region
While most of the available flexible office inventory is located in the city centre, there are options available in the outer areas of Birmingham and across the West Midlands. Like many other regional areas, desk rates are highest in the city centre with a median rate of £300 compared to Walsall at £125 per desk per month.
Office Capacity by Floorspace and Size
When it comes to the makeup of offices in each area, you'll find greater options for various-size teams and supply in the city.
Offices for smaller teams under 15 people make up 82% of all available offices in Greater Birmingham. Though offices for larger teams of 50-plus people are limited they do represent a considerable portion of the available floorspace in Birmingham as they often include private meeting rooms and additional amenities.
Birmingham Serviced Office Operators
Like many costs in business, office space comes in many different varieties often defined by location, quality of the building and amenities. In Greater Birmingham, WeWork and BE Offices lead the top end at a median price above £500 plus per desk while Our Space, Bizspace and Citibase provide great value for those on a tighter budget with median rates below £190 per desk per month.
Comparing one operator to the other is not always easy on price alone as most operators have their own vibe, style & fitouts that differentiate them from others. Thus we often recommend that businesses tour a number of spaces to get a good sense of the overall style rather than selecting on price alone. WeWork vs Regus for example often have very different styles. While WeWork's office style is often described as casual and relaxed, Regus (IWG) is professional and corporate.
What does it the Cost to Rent Flexible Office Space in West Midlands?
While prices in the city centre are reasonable, especially when considering London, there is great value available for teams across the West Midland region.
| City | 1-4 Desks | 5-10 Desks | 11-15 Desks | 16-25 Desks | 26-50 Desks | 50+ Desks |
|---|---|---|---|---|---|---|
| Birmingham | £350 | £350 | £227 | £175 | £400 | £300 |
| Coventry | £231 | £231 | £231 | £67 | £231 | |
| Walsall | £125 | £125 | £125 | £125 | ||
| Wolverhampton | £198 | £182 | £200 | |||
| Dudley | £175 | £175 |
Source Rubberdesk. All prices shown exclude discounts and offers. Talk to us about the latest offers available.
Frequently Asked Questions
How much does it cost to rent office space in Birmingham?
As of December 31, 2023, the median price for Birmingham office space is £250 per person per month.
How much does it cost to rent a coworking desk in Birmingham?
The median cost to rent a Birmingham coworking desk is £165 per person.
Author: Tom Petryshen, VP, Growth & Analytics
Updated: January 11, 2024
Our Office Price Guides
- Birmingham Office Space Price Guide
- UK Office Space Price Guide
- City of London Office Space Price Guide
- Central London Office Space Price Guide
- East London Office Space Price Guide
- West London Office Space Price Guide
- Manchester Office Space Price Guide
- Scotland Office Space Price Guide
- Dublin Office Space Price Guide
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