Coburg: Cheap shared apartments despite rising rents for students!

Coburg: Cheap shared apartments despite rising rents for students!

The search for an affordable shared apartment is becoming increasingly difficult for many students in Germany. Many feel under pressure, especially in large cities, as rental prices are sensitive. A current analysis shows that Coburg offers the best deal for students in Upper Franconia. According to the Reporting of the BR the average price for a shared apartment in Coburg is 370 euros-a price that remains portable for many household budgets of students.

In comparison, students in Munich have to dig deep into their pockets. Here the rental average is a proud 800 euros for a shared apartment, such as Reports of the Coburg University of Applied Sciences confirm. Munich's high attractiveness as a place of study with renowned universities attracts over 150,000 students, but the costs of living are unaffordable for many.

Regional differences in rental prices

The price range for shared apartments in Bavaria shows significant differences. While Coburg remains the cheapest option with 370 euros, cities such as Bamberg and Passau are already over 400 euros. In cities such as Nuremberg, Erlangen and Augsburg, students have to expect around 500 euros. The situation in Munich, with the highest rental prices, is particularly depressing: over 8,800 students like waiting lists for the limited dormitory places in the region.

The Coburg University of Applied Sciences, which houses around 4,700 students, emphasizes that rental prices in Coburg have only increased slightly in recent years. Nevertheless, a shared apartment there is still good business there for many students. The possibility of living for between 350 and 450 euros remains one of the best options in Bavaria, as the analysis of the average rental price in Germany shows. This is currently 493 euros, influenced by the high rents in cities like Munich.

Big challenges for students

Both reports make it clear that more than half of students' budgets have to be spent on rent. Lukas Strutz from the Bavarian State Student Council emphasizes the problems that plague many students: “The budget is often not enough and many are faced with the choice between food and rent.” This problem is exacerbated by the insufficient BAföG dosage, which at 855 euros per month cannot keep up with the cost of living. Those too Collection of the Moses Mendelssohn Institute shows that the BAföG flat rate is not enough for many students to cover the necessary rental costs.

The demands for adapting the BAföG rates to the real living costs are louder. The Federal Government is already planning to increase the BAföG flat rate for the coming year, but many are waiting impatiently to improve the situation.

However, the housing market remains tense. Many students are forced to work next to their studies or to move to cheaper cities so as not to get into financial hardship. While rental prices could stabilize in the coming years, the likelihood of an increase remains in most cities, and the search for affordable living space remains an important problem for many.