Tendency: rising: Newly built districts such as Riedberg are relieving the housing market, but rents continue to rise.
Image: Helmut Fricke
Frankfurt is an expensive place to live. While rents are falling in other cities, things are continuing to rise in the Main metropolis.
Je square meter 13.18 euros: This is the average price of a three-room apartment in Frankfurt that was offered on the Internet at www.immowelt.de between April and June 2022. This is seven percent more than in the same period last year, as the online portal reports. With this development, Frankfurt is at the top in Germany. In other large cities, asking rents stagnated or even fell slightly – in Munich by around one percent to €16.77 per square meter. Only Stuttgart (plus six percent to 11.73 euros) recorded a similar increase as Frankfurt.
The figures are not representative, they only reflect part of what is happening on the market. Apartments from the municipal ABG Holding, for example, whose rents are generally below the market level, are rarely offered on online portals. It is also unclear whether the advertised apartments will actually be rented at the end of the day at the asking price.
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