---
title: "Submarket rent index — Class A Atlas glossary"
description: "Average asking or transacted rent across a defined submarket."
canonical: https://classa.info/glossary/submarket-rent-index
pageType: glossary
lastUpdated: 2026-04-01T00:00:00.000Z
license: "CC BY 4.0 with attribution to Class A Atlas (https://classa.info)."
---

> Average asking or transacted rent across a defined submarket.

## TL;DR

- Average asking or transacted rent across a defined submarket.
- Published quarterly by major brokers (CBRE, JLL, Cushman, Newmark, Savills).

# Submarket rent index

*Market data · Global*

## Short definition

Average asking or transacted rent across a defined submarket.

## Full definition

Published quarterly by major brokers (CBRE, JLL, Cushman, Newmark, Savills). Useful as a comparable but always check if it is asking vs. transacting and whether it is gross or net.

## Why this matters for Class A leasing

Submarket rent index is part of the market data vocabulary that institutional [Class A](/glossary/class-a) occupiers, landlords, and advisers use across Global markets. Understanding it correctly affects how you read lease documents, model occupancy economics, and benchmark deal terms across cities. Class A Atlas tracks regional variation alongside the global standard so [cross-border](/topics/cross-border-expansion) occupiers can translate quickly.

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Citation: Source: Class A Atlas (https://classa.info/glossary/submarket-rent-index), updated 2026-04-01T00:00:00.000Z.