# Property Prices Mitte 2026

> Apartments in Mitte cost a median €7,590 per m². Range, cold rent, gross rental yield and market activity, updated daily.

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

In Mitte, apartments are currently offered at a median €7,590 per m²; the middle half of listings lies between €6,598 and €8,979. A typical flat of 74 m² costs €559,000. Newly let flats ask €25.00 per m² in cold rent, for a gross rental yield of 4.0% or a price-to-rent multiple of 25.3.

As of November 4, 2026

- Price per m² (median): €7,590 (Range €6,598 – €8,979)
- Typical price: €559,000 (for 74 m²)
- Cold rent per m²: €25.00
- Gross rental yield: 4.0%
- Price-to-rent multiple: 25.3
- Listings: 809
- Days on market (median): 16
- Listings with a price cut: 6%

## How Mitte compares

At €7,590 per m², Mitte ranks 84 of 85 districts in Berlin, counted from the cheapest. That is 34% more than the Berlin median (€5,661). Flats are off the market after a median 16 days; supply is tight.

## Similarly priced places

- [Schöneberg](https://www.investbud.de/en/property-prices/berlin/schoeneberg): €6,777 / m²
- [Halensee](https://www.investbud.de/en/property-prices/berlin/halensee): €6,788 / m²
- [Grunewald](https://www.investbud.de/en/property-prices/berlin/grunewald): €6,978 / m²
- Alt-Treptow: €7,014 / m²
- [Dahlem](https://www.investbud.de/en/property-prices/berlin/dahlem): €7,073 / m²
- [Tiergarten](https://www.investbud.de/en/property-prices/berlin/tiergarten): €8,215 / 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 Mitte cost?

A median €7,590 per m²; a typical flat of 74 m² is offered for €559,000. The middle half of listings lies between €6,598 and €8,979 per m².

### What is the rental yield in Mitte?

The gross rental yield is 4.0% and the price-to-rent multiple 25.3: a flat costs as much as 25.3 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 Mitte, recomputed daily. No individual listing is shown.

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

A typical flat at the median price of €559,000 comes with about €61,881 in closing costs: €33,540 property transfer tax (6.0% in Berlin), plus notary, land registry and possibly a broker. With a 20 % down payment, a buyer needs about €173,681 of equity.

## Related

- [Property market Berlin](https://www.investbud.de/en/states/berlin)
- [Investing in Berlin](https://www.investbud.de/en/cities/berlin)
- [Rent prices in Berlin](https://www.investbud.de/en/rent-prices/berlin)
- [Estimate a flat's value](https://www.investbud.de/en/property-value-estimator)
- [Estimate the rent](https://www.investbud.de/en/rent-estimator)
