Coworking Space Demand Continues Upward Trend

New report shows U.S. coworking market grew 5% in Q4 2025 with no signs of slowing down

Published on Feb. 11, 2026

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According to a new study by CoworkingCafe, the U.S. coworking market reached 8,854 locations by the end of Q4 2025, up from 8,420 in the previous quarter - a 5% quarter-over-quarter increase. The total coworking footprint also expanded from 152 million square feet to 159 million square feet, a jump of over 7 million square feet.

Why it matters

The growth in coworking spaces illustrates the continued demand for flexible, shared office environments, particularly as more companies and workers embrace hybrid and remote work models. While coworking still only accounts for 2.2% of total U.S. office inventory, the report suggests there is significant potential for further expansion in this sector.

The details

Major markets like Los Angeles, Chicago, and Dallas-Fort Worth saw significant increases in coworking locations, while some mid-sized markets like Raleigh-Durham, Nashville, and Columbus saw more modest growth as operators focused on maximizing performance at existing sites. Rental rates for coworking spaces remained relatively stable, with open and dedicated desk memberships dropping slightly from $225 to $220 per month on average.

  • By the end of Q4 2025, the U.S. coworking market reached 8,854 locations.
  • In Q3 2025, the U.S. coworking market had 8,420 locations.

The players

CoworkingCafe

A research firm that publishes quarterly reports on the coworking industry.

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The takeaway

The continued growth in coworking spaces across the country, even in the face of the pandemic, underscores the lasting appeal of flexible, collaborative work environments. As more companies and workers embrace hybrid and remote work models, the coworking sector appears poised for further expansion in the years ahead.