# Property Prices Prenzlauer Berg 2026

> Apartments in Prenzlauer Berg cost a median €6,452 per m². Range, cold rent, gross rental yield and market activity, updated daily.

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

In Prenzlauer Berg, apartments are currently offered at a median €6,452 per m²; the middle half of listings lies between €5,467 and €7,504. A typical flat of 68 m² costs €435,000. Newly let flats ask €21.81 per m² in cold rent, for a gross rental yield of 4.1% or a price-to-rent multiple of 24.6.

As of November 4, 2026

- Price per m² (median): €6,452 (Range €5,467 – €7,504)
- Typical price: €435,000 (for 68 m²)
- Cold rent per m²: €21.81
- Gross rental yield: 4.1%
- Price-to-rent multiple: 24.6
- Listings: 711
- Days on market (median): 15
- Listings with a price cut: 9%

## How Prenzlauer Berg compares

At €6,452 per m², Prenzlauer Berg ranks 78 of 85 districts in Berlin, counted from the cheapest. That is 14% more than the Berlin median (€5,661). Flats are off the market after a median 15 days; supply is tight.

## Similarly priced places

- [Charlottenburg](https://www.investbud.de/en/property-prices/berlin/charlottenburg): €6,222 / m²
- [Wilmersdorf](https://www.investbud.de/en/property-prices/berlin/wilmersdorf): €6,320 / m²
- [Pankow](https://www.investbud.de/en/property-prices/berlin/pankow): €6,362 / m²
- [Rummelsburg](https://www.investbud.de/en/property-prices/berlin/rummelsburg): €6,416 / m²
- [Niederschönhausen](https://www.investbud.de/en/property-prices/berlin/niederschoenhausen): €6,430 / m²
- [Schöneberg](https://www.investbud.de/en/property-prices/berlin/schoeneberg): €6,777 / 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 Prenzlauer Berg cost?

A median €6,452 per m²; a typical flat of 68 m² is offered for €435,000. The middle half of listings lies between €5,467 and €7,504 per m².

### What is the rental yield in Prenzlauer Berg?

The gross rental yield is 4.1% and the price-to-rent multiple 24.6: a flat costs as much as 24.6 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 Prenzlauer Berg, recomputed daily. No individual listing is shown.

### How high are the closing costs in Prenzlauer Berg?

A typical flat at the median price of €435,000 comes with about €48,155 in closing costs: €26,100 property transfer tax (6.0% in Berlin), plus notary, land registry and possibly a broker. With a 20 % down payment, a buyer needs about €135,155 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)