German Property Market: October 2026
In October 2026, flats are most expensive in Hamburg at a median €6,695 per m² and cheapest in Saxony-Anhalt at €1,716 per m². Among the larger markets, Plauen offers the highest gross rental yield at 7.6%.
As of October 31, 2026. First edition; month-on-month changes follow from the next one.
- Most expensive state
- €6,695
- Hamburg
- Cheapest state
- €1,716
- Saxony-Anhalt
- Highest gross rental yield
- 7.6%
- Plauen
States
- HamburgRent €18.05/m²· Yield 3.2%€6,695/m²
- BerlinRent €19.25/m²· Yield 4.1%€5,667/m²
- BavariaRent €14.35/m²· Yield 3.2%€5,397/m²
- Schleswig-HolsteinRent €11.33/m²· Yield 3.1%€4,345/m²
- HesseRent €14.48/m²· Yield 4.1%€4,247/m²
- Mecklenburg-Western PomeraniaRent €8.50/m²· Yield 2.5%€4,125/m²
- BrandenburgRent €11.95/m²· Yield 3.6%€4,016/m²
- Baden-WürttembergRent €13.40/m²· Yield 4.2%€3,848/m²
- North Rhine-WestphaliaRent €9.99/m²· Yield 3.6%€3,329/m²
- Rhineland-PalatinateRent €11.00/m²· Yield 4.0%€3,268/m²
- Lower SaxonyRent €10.00/m²· Yield 3.9%€3,100/m²
- BremenRent €10.54/m²· Yield 4.4%€2,875/m²
- SaxonyRent €6.77/m²· Yield 3.1%€2,604/m²
- SaarlandRent €9.59/m²· Yield 5.0%€2,282/m²
- ThuringiaRent €6.80/m²· Yield 4.1%€2,000/m²
- Saxony-AnhaltRent €7.00/m²· Yield 4.9%€1,716/m²
The largest cities
BerlinYield 4.1%· 16 days on market€5,667/m²
MünchenYield 3.4%· 18 days on market€9,217/m²
HamburgYield 3.2%· 16 days on market€6,695/m²
Frankfurt am MainYield 3.7%· 15 days on market€6,650/m²
KölnYield 3.9%· 14 days on market€5,321/m²
DüsseldorfYield 3.9%· 15 days on market€5,173/m²
StuttgartYield 4.8%· 19 days on market€4,640/m²
LeipzigYield 4.8%· 15 days on market€3,012/m²
DresdenYield 4.3%· 14 days on market€3,170/m²
NürnbergYield 4.6%· 15 days on market€3,835/m²
Highest gross rental yields
- 01Plauen€872/m² · 131 listings7.6%
- 02Zwickau€1,000/m² · 165 listings7.5%
- 03Bad Herrenalb€2,133/m² · 52 listings6.4%
- 04Chemnitz€1,131/m² · 549 listings6.4%
- 05Pinneberg€3,000/m² · 60 listings6.2%
- 06Wesel€2,060/m² · 50 listings6.1%
- 07Emden€1,900/m² · 59 listings6.0%
- 08Maintal€3,040/m² · 67 listings5.9%
- 09Wilhelmshaven€1,468/m² · 176 listings5.8%
- 10Bad Harzburg€1,790/m² · 130 listings5.7%
Methodology
Medians of asking prices and asking rents of publicly listed apartments, recomputed daily; each monthly edition keeps the month's last figures. Asking prices are not sale prices; actual sale prices can differ. Yields before purchase costs, running costs and financing.
Property prices by state and cityLooking at a property?
Work through price, financing, costs and taxes to see what is left at the end.