Accomodation

RENT FOR APARTMENTS IN LARGE GERMAN CITIES

On a nationwide average in Germany, the rental prices for private apartments in 2023 increased by 5.6 percent when compared to the previous year. In Germany, the average rent in the period under review amounted to a net base rent of 8.11 euros per square meter. The two major German cities with the highest rental prices for apartments are Munich (17.92 EUR / sqm) an Stuttgart (13.57 EUR / sqm).

Rental prices in Saxony’s large cities of Dresden and Leipzig are significantly below the prices in other German major citiers. In Dresden, the net base rent per square meter is 8.24 euros, in Leipzig 7.75 euros.