Microliving in Germany – gross rents in the hot spots

Since our latest rent overview in February 2017, Munich has exceeded the 30 Euro per m² threshold and Stuttgart has pushed Frankfurt from the second to the third place – with a rent of 27.43 € per m². Compared to the second quarter 2016, Stuttgart is also the A-City with the highest rent increase. Since then, only Dresden has seen a (relatively) higher increase. The analysed advertisements are furnished, for temporary use and the rates include ancillary costs.

Gross rents for temporary accommodation (1 & 2 room flat adverts – 2016/2017). Source: empirica-systems market data base 2017

The total rent in the German A-Cities varies from 1167€ per month in Munich, 992€ in Frankfurt, 968€ in Stuttgart, 902€ in Cologne, 883€ in Dusseldorf, to 820€ in Berlin and 794€ in Hamburg.

Gross rent per square metre for temporary accommodation (€/m²) Delta 2.Q’16→2.Q’17. Source: empirica-systems market data base 2017