Midtown Houston The Midtown market contains approximately 540 office buildings in the submarket, comprising a total of 9,500,000 rentable square feet. With the vacancy traditionally at 10%, this is a good market for office building investors. Quoted rents are trending in the $29-$30 per square foot range and are likely to increase over the coming years. Midtown is a part of the Downtown market as it sits just west of the Downtown submarket between I-10 and I-69. Midtown is a diverse market. The community is served by the Houston ISD.
