Property Prices Essen 2026
Price per m² (median)
€2,845/ m²
- Range €2,218 – €3,881
- Typical price: €230,000 (for 82 m²)
From active listings
In Essen, apartments are currently offered at a median €2,845 per m²; the middle half of listings lies between €2,218 and €3,881. A typical flat of 82 m² costs €230,000. Newly let flats ask €9.54 per m² in cold rent, for a gross rental yield of 4.0% or a price-to-rent multiple of 24.9.
As of November 4, 2026
- Cold rent per m²
- €9.54
- Gross rental yield
- 4.0%
- Price-to-rent multiple
- 24.9
- Listings
- 819
- 346 new in 30 days
- Days on market (median)
- 15
- Listings with a price cut
- 5%
How Essen compares
At €2,845 per m², Essen ranks 109 among the 200 cities with the most listings in North Rhine-Westphalia, counted from the cheapest. That is 15% less than the North Rhine-Westphalia median (€3,329). Flats are off the market after a median 15 days; supply is tight.
What does buying a typical flat in Essen cost?
Example for a flat at the median price of €230,000, using the standard assumptions of our analysis.
| Purchase price | €230,000 |
|---|---|
| Property transfer tax North Rhine-Westphalia (6.5%) | €14,950 |
| Notary (1.0%) | €2,300 |
| Land registry (0.5%) | €1,150 |
| Broker (3.57%) | €8,211 |
| Total closing costs | €26,611 |
| Equity (20 % plus closing costs) | €72,611 |
| Loan | €184,000 |
| Monthly payment (3.5% interest, 30 years) | €826 |
| Cold rent at 82 m² | €782 |
| Surplus before running costs | -€44 |
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 | €2,523 | €99,650 |
| 2 rooms | €2,652 | €149,000 |
| 3 rooms | €2,834 | €238,950 |
| 4 rooms or more | €3,118 | €419,000 |
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 Essen?
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 Essen, as of November 4, 2026.
Terms and method
The glossary explains the terms; the methodology shows how the figures are built.
What does an apartment in Essen cost?
A median €2,845 per m²; a typical flat of 82 m² is offered for €230,000. The middle half of listings lies between €2,218 and €3,881 per m².
What is the rental yield in Essen?
The gross rental yield is 4.0% and the price-to-rent multiple 24.9: a flat costs as much as 24.9 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 Essen, recomputed daily. No individual listing is shown.
How high are the closing costs in Essen?
A typical flat at the median price of €230,000 comes with about €26,611 in closing costs: €14,950 property transfer tax (6.5% in North Rhine-Westphalia), plus notary, land registry and possibly a broker. With a 20 % down payment, a buyer needs about €72,611 of equity.