Rent explode: These three cities in BW are among the most expensive!
Rent explode: These three cities in BW are among the most expensive!
Rental prices in Germany climb incusingly and bring households to the limits of their financial possibilities in many places. According to Schwaebische.de , Munich has the highest rents in the country. In the first quarter of 2023, the average rent for new apartments in the Bavarian capital was 22.64 euros per square meter, and Munich is the only city that exceeds the 20-euro brand.
In view of these price increases, it turns out that rental prices have been increasing continuously in large cities such as Munich, Frankfurt and Berlin for over a decade. The average rent in new apartments in Frankfurt am Main is 19.62 euros per square meter, while in Berlin it is 18.29 euros per square meter. In Baden-Württemberg three cities stand out: Stuttgart with 17.26 euros per square meter, Freiburg with 16.94 euros per square meter and Heidelberg with 16.90 euros per square meter, all of which rank among the ten most expensive cities in Germany.Development of housing costs in Munich
according to Statista has continuously aggravated on the Munich housing market since 2012. The development of the offer rents shows that between 2012 and the end of 2024 the average rental prices in Munich continued to increase. This led to a value of 22.08 euros per square meter in 2024, which means 6.5 % increase compared to the previous year.
The persistently high rents particularly impress households with low income. Studies show that this population group had to spend over 35 % of its income for rent in 2021. These circumstances lead to increasing gentrification in certain parts of the city and increase social inequality.
Rental price development and future forecasts
The current market situation is shaped by a high competitive pressure and a lack of affordable living space. In recent years, the net rents have increased by an average of 64 % in Germany. This development is particularly worrying when you consider that the range of newly built apartments remains strongly behind the political targets; In 2024, only 260,000 new apartments were built, although 400,000 were set as the goal. For 2025, only 150,000 to 200,000 new apartments are forecast, which could further tighten the situation. In addition, further rent increases from 4-5 % will be expected by the end of 2025, so ftd .
The rental price rose not only affects the large cities. On average, by 2035 in many attractive cities, an increase of 30-50 % is expected, the status quo should not be changed by suitable measures, such as the construction of subsidized living space. The persistently strong increase in construction costs, with material prices, which have risen by 34 % since 2021 and have risen by 18 % in the construction industry, continues to contribute to the problem.
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| Ort | München, Deutschland |
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