Rents in Munich have increased noticeably since 2014, by 50 percent both in the city itself and in the Munich district. In the next most expensive city, Frankfurt, you currently pay 15.13 euros per square meter, in Berlin it is 14.93 euros, and in Stuttgart it is 14.41 euros.
Rents in Fürstenfeldbruck and Dachau residents now have to pay just as much rent as the Frankfurt residents, at 15.29 and 15.08 euros, respectively. Not even the Miesbach district can keep up with its high density of celebrities and its lakes and mountains, and rents there are 13.18 per square metre. The basic rents for offers for renovated apartments with 60 to 80 square meters were evaluated. In Munich, they cost on average between 1200 and 1600 euros. Almost only districts and towns from the metropolitan region around Munich are in the top places. The Starnberg district, known not only for its beautiful lakes, is perhaps no big surprise. The rent here is 15.72 euros. The Freyung-Grafenau district in Lower Bavaria is among the top performers in Germany. At seven to nine euros per square meter, living there is still affordable. Land prices and construction costs are currently easing somewhat. But that alone won't be enough. "New residential construction must become more attractive," says real estate expert Roman Heidrich. One possible solution would be to reduce the VAT for new rental residential buildings from 19 to seven percent. The measure would be a state matter, meaning Berlin or Bavaria would have to forego tax revenue, which is unlikely. For this reason alone, the housing market is likely to remain a problem child in the future. The rental prices are determined by supply and demand - although supply has not been able to keep up with demand for years, he explains. The situation will not ease in the foreseeable future - simply because too few apartments are being built," says Heidich. The Bayern newsletter informs you daily about all the important stories from Bavaria.