Real Estate

Where new tenants pay the most

The living situation in Germany has worsened significantly. The gap between new and old rental contracts is increasing because new tenants have to pay more. There are nationwide differences.

Who has been living in his apartment for a long time and still the old one rental contract probably pays less than the new neighbors. As the Federal Statistical Office announced, last year households that rented a flat from 2015 paid higher rents nationwide than people with older rental contracts. The difference in the Metropolises.

How big are the differences?

The additional microcensus survey on the living situation shows that households in Germany paid an average net rent of EUR 7.70 per square meter for an apartment rented in 2015 or later in 2018. This value is twelve percent above the total average net cold rent in Germany, which is 6.90 euros per square meter.

According to the statisticians, above average net cold rents for new leases from 2015 onwards are particularly high in large cities and in federal states with great economic power. From 2015, the net cold rents for new rentals in the federal states will be far above the respective national average

  • Bavaria
  • Baden-Wuerttemberg
  • Hamburg
  • Berlin

Average net cold rent is the most expensive in major cities

In the federal capital last year, the average net cold rent for apartments rented from 2015 was 9.10 euros per square meter – almost a quarter higher than the Berlin average rent of 7.40 euros. The highest net cold rent for such new rentals had to be paid by tenants in Hamburg at 10.30 euros.

The difference between the net cold rents for new rentals from 2015 and the respective average rents, especially in, was less than the national average

  • Saxony-Anhalt
  • Thuringia
  • Schleswig-Holstein
  • Rhineland-Palatinate
  • North Rhine-Westphalia

According to the Federal Office, high rents are “above all a problem for major cities”. In 2018, the average net rent excluding rents per square meter for new leases from 2015 in Berlin, Hamburg, Munich, Cologne, Frankfurt am Main, Stuttgart and Düsseldorf was EUR 10.80 and thus a good 21 percent above the general average in these cities (8.90 Euro).

Rise in the nationwide rental occupancy rate

In cities, this also has an impact on the so-called rental occupancy rate, i.e. the share of net household income that households have to spend on gross rent.

The gross cold rent consists of the net cold rent and the additional costs such as the monthly operating costs for house and street cleaning, garbage disposal or chimney cleaning – the Property tax or building insurance are also included.

Nationwide, this rate was 27.2 percent in 2018 and 29.5 percent in major cities. For households who have newly rented their home in the past four years, the rental occupancy rate nationwide was 28.6 percent. If these households live in a metropolis or in a larger city, the rent burden will approach or even exceed 30 percent.

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