Average rent in 98693 Ilmenau

Median cold rent per m²

€8.51/ m²

  • €6.51 – €9.42 per m²
  • 14 active listings

From active listings

What does it cost to rent in 98693 Ilmenau?

The median cold rent in 98693 Ilmenau is currently €8.51 per square metre. The typical flat costs €518 a month before service charges. Both are medians in their own right, drawn from 14 rental flats listed right now in postal code 98693. They are asking rents from live listings, not an official municipal Mietspiegel.

As of November 4, 2026

Asking rents

Median cold rent
€518
Median floor area
62 m²

By room count

RoomsListingsMedian cold rentper m²
13€340€8.72
25€550€8.52
33€535€8.49
4+3€695€6.24

How 98693 compares

At €8.51 per m², the median cold rent in 98693 is 6% above the figure for all of Ilmenau (€8.02). Measured against asking prices in Ilmenau (€2,000 per m²), that is a gross rental yield of about 5.1%.

What does buying a typical flat in 98693 Ilmenau cost?

Example for a typical rental flat in this postal code with 62 m², valued at the asking price for Ilmenau (€2,000 per m²): about €124,000. Based on the standard assumptions of our analysis.

Purchase price€124,000
Property transfer tax Thuringia (5.0%)€6,200
Notary (1.0%)€1,240
Land registry (0.5%)€620
Broker (3.57%)€4,427
Total closing costs€12,487
Equity (20 % plus closing costs)€37,287
Loan€99,200
Monthly payment (3.5% interest, 30 years)€445
Cold rent at 62 m²€528
Surplus before running costs€82

Example with standard assumptions, not investment advice. Hausgeld, maintenance, vacancy and taxes are not included.

Frequently asked questions

The answers come from 14 current rental listings in 98693 Ilmenau, as of November 4, 2026.

Terms and method

The glossary explains the terms; the methodology shows how the figures are built.

GlossaryMethodology

What does a rental flat cost per square metre in 98693?

The median cold rent in 98693 Ilmenau is €8.51 per square metre. Half of the flats currently listed sit below that figure and half above it. It is drawn from 14 live listings and reflects asking rents for new tenancies, not the rents paid under existing contracts.

How many rental flats are listed in 98693 right now?

There are 14 rental flats listed in 98693 Ilmenau right now. The typical one offers 62 m² of floor space at a median cold rent of €518 a month. The count moves daily as new listings appear and let flats drop out; this page refreshes it once a day.

What counts as cheap and what counts as expensive rent in 98693?

A quarter of the flats in 98693 Ilmenau are offered below €6.51 per square metre and another quarter above €9.42. The range between the two is what the market treats as normal. Anything under €6.51 counts as cheap here, and anything over €9.42 as expensive for the area.

Is a flat in this area worth it?

Run the purchase price, financing, tax and cash flow in a few minutes.

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