Property Prices München 2026
Price per m² (median)
€9,167/ m²
- Range €7,359 – €11,543
- Typical price: €619,000 (for 72 m²)
From active listings
In München, apartments are currently offered at a median €9,167 per m²; the middle half of listings lies between €7,359 and €11,543. A typical flat of 72 m² costs €619,000. Newly let flats ask €25.42 per m² in cold rent, for a gross rental yield of 3.3% or a price-to-rent multiple of 30.1.
As of November 3, 2026
- Cold rent per m²
- €25.42
- Gross rental yield
- 3.3%
- Price-to-rent multiple
- 30.1
- Listings
- 4,947
- 1914 new in 30 days
- Days on market (median)
- 17
- Listings with a price cut
- 8%
How München compares
At €9,167 per m², München ranks 195 among the 200 cities with the most listings in Bavaria, counted from the cheapest. That is 70% more than the Bavaria median (€5,391). Flats are off the market after a median 17 days; supply is tight.
What does buying a typical flat in München cost?
Example for a flat at the median price of €619,000, using the standard assumptions of our analysis.
| Purchase price | €619,000 |
|---|---|
| Property transfer tax Bavaria (3.5%) | €21,665 |
| Notary (1.0%) | €6,190 |
| Land registry (0.5%) | €3,095 |
| Broker (3.57%) | €22,098 |
| Total closing costs | €53,048 |
| Equity (20 % plus closing costs) | €176,848 |
| Loan | €495,200 |
| Monthly payment (3.5% interest, 30 years) | €2,224 |
| Cold rent at 72 m² | €1,830 |
| Surplus before running costs | -€393 |
Example with standard assumptions, not investment advice. Hausgeld, maintenance, vacancy and taxes are not included.
Prices by number of rooms
| Name | Price per m² | Typical price |
|---|---|---|
| 1 room | €9,542 | €299,000 |
| 2 rooms | €8,934 | €529,000 |
| 3 rooms | €8,857 | €749,900 |
| 4 rooms or more | €9,670 | €1,150,000 |
Districts of München
| Name | Price per m² | Listings | |
|---|---|---|---|
| Waldtrudering | €8,552 | 3.2% | 183 |
| Josephsburg | €13,328 | 2.1% | 177 |
| Solln | €7,481 | 3.8% | 158 |
| Obermenzing | €9,558 | 3.0% | 158 |
| Altperlach | €10,552 | 2.5% | 133 |
| Englschalking | €9,133 | 3.2% | 132 |
| Harlaching | €11,811 | 2.5% | 115 |
| Alt-Moosach | €7,750 | 3.3% | 108 |
| Pasing | €9,531 | 2.8% | 102 |
| Am Luitpoldpark | €9,576 | 3.4% | 100 |
| Milbertshofen | €8,000 | 3.7% | 95 |
| Aubing-Süd | €7,046 | 3.8% | 94 |
| Neuperlach | €6,008 | 5.3% | 92 |
| Thalkirchen | €9,286 | 3.4% | 86 |
| Schwere-Reiter-Straße | €15,887 | 2.9% | 83 |
| Sankt Ulrich | €7,596 | 4.0% | 80 |
| Gartenstadt Trudering | €9,627 | 2.8% | 79 |
| Herzogpark | €12,050 | 3.3% | 78 |
| Mittersendling | €8,484 | 3.4% | 76 |
| Am Riesenfeld | €8,138 | 3.7% | 73 |
| Parkstadt | €10,221 | 3.0% | 72 |
| Dom Pedro | €9,333 | 4.0% | 72 |
| Münchner Freiheit | €11,508 | 3.1% | 71 |
| Nymphenburg | €11,015 | 2.7% | 71 |
| Obersendling | €7,833 | 3.8% | 70 |
| Lerchenau-Ost | €6,555 | 4.6% | 68 |
| Obergiesing | €7,759 | 3.8% | 66 |
| Allach | €6,971 | 3.6% | 65 |
| Neuschwabing | €11,380 | 2.9% | 64 |
| Untermenzing | €8,664 | 3.2% | 63 |
| Am Hart | €9,274 | 3.2% | 61 |
| Neuhadern | €7,033 | 4.1% | 58 |
| Feldmoching | €9,432 | 2.6% | 58 |
| Universität | €13,384 | 2.9% | 54 |
| Forstenried | €7,342 | 4.2% | 53 |
| Friedenheim | €7,749 | 4.1% | 49 |
| Lochhausen | €8,231 | 3.5% | 49 |
| Großhadern | €11,561 | 2.7% | 45 |
| Neuhausen | €9,667 | 3.1% | 44 |
| Ramersdorf | €7,933 | 4.3% | 43 |
| Steinhausen | €8,800 | – | 42 |
| Alte Heide-Hirschau | €9,760 | 3.2% | 42 |
| Johanneskirchen | €6,788 | 4.4% | 42 |
| Augustenstraße | €11,844 | 4.0% | 41 |
| Oberföhring | €7,362 | 4.0% | 41 |
| Neufreimann | €12,370 | 3.2% | 40 |
| Sendlinger Feld | €9,500 | 3.2% | 39 |
| Am Westbad | €10,500 | 3.0% | 39 |
| Sankt Vinzenz | €10,407 | 3.2% | 39 |
| Waldperlach | €8,613 | 3.3% | 39 |
| Moosach-Bahnhof | €7,803 | 3.5% | 38 |
| Obere Au | €10,127 | 3.3% | 37 |
| Fürstenried-West | €6,511 | 4.2% | 37 |
| Lerchenau-West | €7,092 | 4.0% | 37 |
| Blumenau | €7,229 | – | 36 |
| Gärtnerplatz | €19,835 | – | 36 |
| Altaubing | €8,175 | 3.7% | 36 |
| Neupasing | €9,102 | 3.5% | 33 |
| Dreimühlen | €12,998 | – | 32 |
| Balanstraße-West | €7,736 | 4.0% | 31 |
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.
Looking at a flat in München?
Work through price, financing, costs and taxes to see what is left at the end.
Frequently Asked Questions
The answers come from current listings of apartments for sale in München, as of November 3, 2026.
Terms and method
The glossary explains the terms; the methodology shows how the figures are built.
What does an apartment in München cost?
A median €9,167 per m²; a typical flat of 72 m² is offered for €619,000. The middle half of listings lies between €7,359 and €11,543 per m².
What is the rental yield in München?
The gross rental yield is 3.3% and the price-to-rent multiple 30.1: a flat costs as much as 30.1 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 München, recomputed daily. No individual listing is shown.
How high are the closing costs in München?
A typical flat at the median price of €619,000 comes with about €53,048 in closing costs: €21,665 property transfer tax (3.5% in Bavaria), plus notary, land registry and possibly a broker. With a 20 % down payment, a buyer needs about €176,848 of equity.