The U.S. coworking market added 228 locations in the third quarter of 2026, bringing the total to 9,612, according to CoworkingCafe. Total coworking space reached 168.36 million square feet, but growth in both locations and square footage slowed for the third consecutive quarter.
Coworking accounted for about 2.5% of office inventory across the markets tracked, up from 2.28% at the start of the year.
Portland and Jacksonville Lead Local Growth
Portland recorded the fastest location growth among the 50 largest markets, increasing 10.1%. Jacksonville followed with 9.4% growth, while the Bay Area added 14 locations, the largest numerical increase.
Los Angeles remained the largest market by location count at 360, followed by Chicago with 353 and Dallas-Fort Worth with 344.
Washington, D.C., lost approximately 438,000 square feet of coworking space, a 6% quarterly decline. Manhattan remained the largest market by total footprint, at 12.25 million square feet.
Major Brands Expand as Prices Shift
The five largest coworking brands added 91 locations combined. Regus remained the largest with 1,339 locations, while HQ grew fastest, adding 29 to reach 417. WeWork was the only one of the five to contract, falling to 148 locations.
Independent and regional operators still account for about 76% of U.S. coworking locations.
National median monthly coworking membership prices held at $219, while day-pass prices fell 11.8% to $30. Meeting room rates remained at $45 per hour and virtual offices at $169 per month.
