Research Triangle Park is a trophy-tier Raleigh-Durham submarket with average asking rent around $38/sqft/yr.

  • Average asking rent: $38/sqft/yr.
  • Tier: trophy.
  • Citywide Class A rent context: $36/sqft/yr ($36 USD).
  • Citywide vacancy: 16.8% — submarket-level availability is typically tighter at trophy tier.

Research Triangle Park, Raleigh-Durham office rents and availability

Research Triangle Park is a trophy-tier Raleigh-Durham submarket with average asking rent around $38/sqft/yr.

TL;DR

  • Average asking rent: $38/sqft/yr.
  • Tier: trophy.
  • Citywide Class A rent context: $36/sqft/yr ($36 USD).
  • Citywide vacancy: 16.8% — submarket-level availability is typically tighter at trophy tier.

Where rent sits

Research Triangle Park averages around $38/sqft/yr for Class A, against a citywide Class A index of 36. As a trophy submarket, rent runs above the city average and availability is structurally tight.

Availability dynamics

The historic life-sciences and tech anchor. Tech (Apple, Cisco, IBM), pharma (Merck, Eli Lilly), biotech (Fujifilm Diosynth).

Key facts

cityRaleigh-Durham
submarketResearch Triangle Park
tiertrophy
averageRentLocal$38/sqft/yr
cityClassARentUsd$36/sqft/yr
cityVacancyPct16.8%

Frequently asked questions

What is the average Class A rent in Research Triangle Park, Raleigh-Durham?
Around $38/sqft/yr. The citywide Class A index sits at $36/sqft/yr.

Related

Editorial provenance

Reviewed by Class A Atlas Editorial Desk — House byline · global editorial team. Last updated 2026-04-15. See our methodology and editorial standards.

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