# Property Prices Erlangen 2026

> Apartments in Erlangen cost a median €4,233 per m². Range, cold rent, gross rental yield and market activity, updated daily.

Canonical: https://www.investbud.de/en/property-prices/bayern/erlangen
Last updated: 2026-11-04

In Erlangen, apartments are currently offered at a median €4,233 per m²; the middle half of listings lies between €3,608 and €5,569. A typical flat of 66 m² costs €259,000. Newly let flats ask €16.18 per m² in cold rent, for a gross rental yield of 4.6% or a price-to-rent multiple of 21.8.

As of November 4, 2026

- Price per m² (median): €4,233 (Range €3,608 – €5,569)
- Typical price: €259,000 (for 66 m²)
- Cold rent per m²: €16.18
- Gross rental yield: 4.6%
- Price-to-rent multiple: 21.8
- Listings: 128
- Days on market (median): 27
- Listings with a price cut: 13%

## How Erlangen compares

At €4,233 per m², Erlangen ranks 64 among the 200 cities with the most listings in Bavaria, counted from the cheapest. That is 21% less than the Bavaria median (€5,385). Flats are off the market after a median 27 days; supply is tight.

## Similarly priced places

- Sonthofen: €4,200 / m²
- Königsbrunn: €4,201 / m²
- Freilassing: €4,232 / m²
- Pfronten: €4,245 / m²
- [Kempten (Allgäu)](https://www.investbud.de/en/property-prices/bayern/kempten-allgaeu): €4,258 / m²
- Trostberg: €4,260 / m²

Medians of asking prices and asking rents of publicly listed apartments, recomputed daily. Asking prices are not sale prices and not a valuation under § 194 BauGB; actual sale prices can differ.

## Frequently Asked Questions

### What does an apartment in Erlangen cost?

A median €4,233 per m²; a typical flat of 66 m² is offered for €259,000. The middle half of listings lies between €3,608 and €5,569 per m².

### What is the rental yield in Erlangen?

The gross rental yield is 4.6% and the price-to-rent multiple 21.8: a flat costs as much as 21.8 years of cold rent. After costs and financing less remains; an analysis works that out for a specific flat.

### Where do the figures come from?

From aggregated asking prices and rents of publicly listed apartments in Erlangen, recomputed daily. No individual listing is shown.

### How high are the closing costs in Erlangen?

A typical flat at the median price of €259,000 comes with about €22,196 in closing costs: €9,065 property transfer tax (3.5% in Bavaria), plus notary, land registry and possibly a broker. With a 20 % down payment, a buyer needs about €73,996 of equity.

## Related

- [Rental yield ranking Bavaria](https://www.investbud.de/en/rental-yield-ranking/bayern)
- [Property market Bavaria](https://www.investbud.de/en/states/bayern)
- [Rent prices in Erlangen](https://www.investbud.de/en/rent-prices/erlangen)
- [Estimate a flat's value](https://www.investbud.de/en/property-value-estimator)
- [Estimate the rent](https://www.investbud.de/en/rent-estimator)