Rents in Germany continued to increase in all seven major cities in 2024. The average rent per square meter in Munich was approximately **** euros — the highest in the country. Conversely, Düsseldorf had the most affordable rent, at approximately **** euros per square meter. But how does renting compare to buying? According to the house price to rent ratio, house prices in Germany have risen faster than rents, making renting more affordable than buying. Affordability of housing in Germany In 2023, Germany was among the European countries with a relatively high house price to income ratio in Europe. The indicator compares the affordability of housing across OECD countries and is calculated as the nominal house prices divided by nominal disposable income per head, with 2015 chosen as a base year. Between 2012 and 2022, property prices in the country rose much faster than income, with the house price to income index peaking at *** index points at the beginning of 2022. Slower house price growth in the following years has led to the index declining, as incomes catch up. Nevertheless, homebuyers in 2024 faced significantly higher mortgage interest rates, contributing to a higher final cost. How much does buying a property in Germany cost? Just as with renting, Munich was the most expensive city for newly built apartments. In 2024, the cost per square meter in Munich was almost ***** euros pricier than in the runner-up city, Frankfurt. Detached and semi-detached houses are usually more expensive. The price gap between Munich and the second most expensive city, Stuttgart, was nearly ***** euros per square meter.

Germany DE: Rent Price Index: sa data was reported at 115.012 2015=100 in 2024. This records an increase from the previous number of 112.600 2015=100 for 2023. Germany DE: Rent Price Index: sa data is updated yearly, averaging 63.513 2015=100 from Dec 1960 (Median) to 2024, with 65 observations. The data reached an all-time high of 115.012 2015=100 in 2024 and a record low of 13.547 2015=100 in 1960. Germany DE: Rent Price Index: sa data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Germany – Table DE.OECD.AHPI: House Price Index: Seasonally Adjusted: OECD Member: Annual.

The average rent price of residential real estate in Germany was approximately two euros higher for newly built properties than existing ones in 2023. Rents have increased steadily since 2004 and in the fourth quarter of 2023, the average square meter rent for a newly constructed property reached **** euros. The rent for existing housing was slightly lower at *** euros per square meter. Among the major cities in Germany, Munich had the highest rents.

Price to Rent Ratio in Germany increased to 130.91 in the first quarter of 2025 from 127.55 in the fourth quarter of 2024. This dataset includes a chart with historical data for Germany Price to Rent Ratio.

In 2024, the rental index in Germany reached 107.5 index points. The index was set to 100 in 2020, which means that compared to then, rent in Germany increased by 7.5 percent. Munich saw the highest average rent price among the larger German cities.

Rent Inflation in Germany remained unchanged at 2.10 percent in May. This dataset includes a chart with historical data for Germany Rent Inflation.

Renting German commercial property cost *** euros per square meter in 2022. This was a significant increase compared to *** euros per square meter in 2013, at the beginning of the given timeline.

Germany Consumer Price Index (CPI): HF: Actual Housing Rentals data was reported at 109.000 2020=100 in Mar 2025. This records an increase from the previous number of 108.800 2020=100 for Feb 2025. Germany Consumer Price Index (CPI): HF: Actual Housing Rentals data is updated monthly, averaging 102.400 2020=100 from Jan 2019 (Median) to Mar 2025, with 75 observations. The data reached an all-time high of 109.000 2020=100 in Mar 2025 and a record low of 98.000 2020=100 in Jan 2019. Germany Consumer Price Index (CPI): HF: Actual Housing Rentals data remains active status in CEIC and is reported by Statistisches Bundesamt. The data is categorized under Global Database’s Germany – Table DE.I009: Consumer Price Index: by COICOP: 2020=100.

The house price to rent ratio in Germany increased since 2015, peaking at *** index points in the second quarter of 2022, before declining to ***** index points in the second quarter of 2024. The house price to rent ratio is calculated by dividing nominal house prices by rent prices, with 2015 chosen as a base year and the index value set to 100. A value of *** shows that house price growth has outpaced rental growth by ** percent since 2015. Germany was one of the OECD countries with the highest house price to rent ratio.

Graph and download economic data for Harmonized Index of Consumer Prices: Actual Rentals for Housing for Germany (CP0410DEM086NEST) from Jan 1996 to May 2025 about harmonized, rent, Germany, CPI, housing, price index, indexes, and price.

In 2022, Berlin Mitte was the most expensive district in Berlin, Germany, for new rental contracts. Median rents show the middle value of rent expenditure, meaning that 50 percent of newly rented apartments in Berlin Mitte in 2022 had rental costs exceeding 15.19 euros per square meter, and 50 percent of apartments had rents below this value. Meanwhile, Friedrichshain-Kreuzberg witnessed the highest rental price increase since 2018.

Germany - Housing cost overburden rate: Tenant, rent at reduced price or free was 8.80% in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Germany - Housing cost overburden rate: Tenant, rent at reduced price or free - last updated from the EUROSTAT on July of 2025. Historically, Germany - Housing cost overburden rate: Tenant, rent at reduced price or free reached a record high of 19.40% in December of 2012 and a record low of 6.10% in December of 2021.

Germany DE: Price to Rent Ratio: sa data was reported at 127.280 2015=100 in 2024. This records a decrease from the previous number of 132.141 2015=100 for 2023. Germany DE: Price to Rent Ratio: sa data is updated yearly, averaging 124.182 2015=100 from Dec 1970 (Median) to 2024, with 55 observations. The data reached an all-time high of 159.163 2015=100 in 1981 and a record low of 89.430 2015=100 in 2010. Germany DE: Price to Rent Ratio: sa data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Germany – Table DE.OECD.AHPI: House Price Index: Seasonally Adjusted: OECD Member: Annual. Nominal house prices divided by rent price indices

Graph and download economic data for Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Actual Rentals for Housing for Germany (DEUCPHP0401GYM) from Jan 1997 to Mar 2025 about water, fuels, electricity, rent, Germany, and gas.

Germany Consumer Price Index (CPI): 2010=100: Housing Rent Related Costs data was reported at 108.200 2010=100 in Dec 2018. This stayed constant from the previous number of 108.200 2010=100 for Nov 2018. Germany Consumer Price Index (CPI): 2010=100: Housing Rent Related Costs data is updated monthly, averaging 95.600 2010=100 from Jan 1995 (Median) to Dec 2018, with 288 observations. The data reached an all-time high of 108.200 2010=100 in Dec 2018 and a record low of 72.500 2010=100 in Jan 1995. Germany Consumer Price Index (CPI): 2010=100: Housing Rent Related Costs data remains active status in CEIC and is reported by Statistisches Bundesamt. The data is categorized under Global Database’s Germany – Table DE.I023: Consumer Price Index: by Special Groups: 2010=100.

Based on the RWI-GEO-RED data that base on the data provided by ImmobilienScout24 hedonic housing price indices are estimated. The indices are on the grid level, LMR, district/county and municipality level. We conduct a hedonic price regression that covers characteristics of the object as well as regional fixed effects. The hedonic regression is estimated separately for houses for sale as well as apartments for rent and for sale. We also offer a combined index which combines the individual housing types into one index. There are three different specifications: First, the overall time development from 01/2008 to 05/2024 on grid level given yearly and quaterly; Second, cross-regional differences for each year separately and time development within one region from 01/2018 to 05/2024 (municipality, district, LMR, and grid level); third, the time-region fixed effect between 2008 and 2024, which is used to determine the price changes for all three region types to the base year of 2008.

German commercial property prices grew by 7.6 percent from 2021 to 2022. Rentals with first-time moving in were around 3 percent more expensive. The table shows a comparison of commercial and residential real estate rent and prices in Germany in 1990 and 2022.

Germany Consumer Price Index (CPI): 2010=100: excl Housing Rent & Related Costs data was reported at 112.800 2010=100 in Dec 2018. This records an increase from the previous number of 112.700 2010=100 for Nov 2018. Germany Consumer Price Index (CPI): 2010=100: excl Housing Rent & Related Costs data is updated monthly, averaging 91.000 2010=100 from Jan 1991 (Median) to Dec 2018, with 336 observations. The data reached an all-time high of 112.800 2010=100 in Dec 2018 and a record low of 71.200 2010=100 in Jan 1991. Germany Consumer Price Index (CPI): 2010=100: excl Housing Rent & Related Costs data remains active status in CEIC and is reported by Statistisches Bundesamt. The data is categorized under Global Database’s Germany – Table DE.I023: Consumer Price Index: by Special Groups: 2010=100. Rebased from 2010=100 to 2015=100 Replacement series ID: 412821067

In 2022, Berlin Mitte was the most expensive district for apartment rentals, with an average asking basic rent of 14.5 euros per square meter (excluding extra costs). The average for the city in this period was 11.54 euros per square meter.

Housing Index in Germany decreased to 218.19 points in June from 218.58 points in May of 2025. This dataset provides the latest reported value for - Germany House Price Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.