Rental yield ranking for Schleswig-Holstein
The cities in Schleswig-Holstein with the highest gross rental yields and the cheapest and most expensive prices per m².
Pinneberg leads at 6.4%, followed by Rendsburg (6.0%) and Neumünster (5.8%).
Asking-price data as of November 4, 2026
Highest gross rental yield
24 cities with at least 30 apartments for sale
- 01Pinneberg€2,915/m²· Multiple 15.7· 57 listings6.4%
- 02Rendsburg€2,011/m²· Multiple 16.7· 32 listings6.0%
- 03Neumünster€2,099/m²· Multiple 17.4· 43 listings5.8%
- 04Glinde€3,524/m²· Multiple 18.0· 30 listings5.6%
- 05Wedel€3,689/m²· Multiple 19.2· 50 listings5.2%
- 06Elmshorn€2,959/m²· Multiple 20.7· 38 listings4.8%
- 07Kaltenkirchen€3,405/m²· Multiple 20.9· 32 listings4.8%
- 08Norderstedt€4,146/m²· Multiple 21.7· 86 listings4.6%
- 09Flensburg€2,626/m²· Multiple 22.9· 102 listings4.4%
- 10Geesthacht€3,703/m²· Multiple 23.4· 52 listings4.3%
- 11Kiel€3,315/m²· Multiple 25.1· 285 listings4.0%
- 12Ahrensburg€4,623/m²· Multiple 25.7· 32 listings3.9%
- 13Neustadt in Holstein€5,742/m²· Multiple 28.1· 53 listings3.6%
- 14Timmendorfer Strand€6,143/m²· Multiple 28.4· 109 listings3.5%
- 15Heiligenhafen€3,980/m²· Multiple 29.3· 100 listings3.4%
- 16Sylt (Gemeinde)€9,833/m²· Multiple 32.8· 248 listings3.1%
- 17Lübeck€5,230/m²· Multiple 33.6· 322 listings3.0%
- 18Kappeln€4,889/m²· Multiple 34.2· 71 listings2.9%
- 19Eutin€5,200/m²· Multiple 36.1· 33 listings2.8%
- 20Eckernförde€4,997/m²· Multiple 36.4· 41 listings2.7%
- 21Scharbeutz€6,618/m²· Multiple 36.8· 95 listings2.7%
- 22Husum€4,744/m²· Multiple 39.5· 78 listings2.5%
- 23Fehmarn€5,120/m²· Multiple 47.2· 48 listings2.1%
- 24Schleswig€5,539/m²· Multiple 48.6· 68 listings2.1%
Cheapest price per m²
- 01RendsburgGross yield 6.0%€2,011/m²
- 02NeumünsterGross yield 5.8%€2,099/m²
- 03FlensburgGross yield 4.4%€2,626/m²
- 04PinnebergGross yield 6.4%€2,915/m²
- 05ElmshornGross yield 4.8%€2,959/m²
- 06KielGross yield 4.0%€3,315/m²
- 07KaltenkirchenGross yield 4.8%€3,405/m²
- 08GlindeGross yield 5.6%€3,524/m²
- 09WedelGross yield 5.2%€3,689/m²
- 10GeesthachtGross yield 4.3%€3,703/m²
Most expensive price per m²
- 01Wenningstedt-Braderup (Sylt)€9,938/m²
- 02Sylt (Gemeinde)Gross yield 3.1%€9,833/m²
- 03Wyk auf Föhr€9,256/m²
- 04ScharbeutzGross yield 2.7%€6,618/m²
- 05Sankt Peter-Ording€6,422/m²
- 06Timmendorfer StrandGross yield 3.5%€6,143/m²
- 07Neustadt in HolsteinGross yield 3.6%€5,742/m²
- 08SchleswigGross yield 2.1%€5,539/m²
- 09LübeckGross yield 3.0%€5,230/m²
- 10Großenbrode€5,229/m²
How to read the figures
- Gross rental yield
- The median asking cold rent times 12, divided by the median asking price of a city's apartments for sale. Closing costs, service charges, vacancy and taxes are not deducted.
- Price-to-rent multiple
- How many years of cold rent the price equals, the inverse of the gross rental yield.
- Listings
- The number of apartments for sale behind the medians. Cities with fewer than 30 listings are left out, because single listings would move their figures too much.
Gross rental yield = median asking cold rent × 12 ÷ median asking price. Asking prices are not transaction prices and running costs are not deducted, so the yield you can achieve is usually lower. Only cities with at least 30 apartments for sale are listed.
Work out the yield of a specific flat
With price, rent, financing and tax: cash flow and net yield for your property.
Frequently asked questions
Where are rental yields highest in Schleswig-Holstein?
In current asking-price data, Pinneberg (6.4%), Rendsburg (6.0%), Neumünster (5.8%) lead. High gross yields arise where purchase prices are low relative to rents. In such cities, check vacancy, population trends and the condition of the building with particular care.
What is gross rental yield?
A year's cold rent divided by the purchase price, before purchase costs and running costs. It is useful for comparing markets; a purchase decision rests on net yield and cash flow.
What does the price-to-rent ratio (Kaufpreisfaktor) say?
How many years of cold rent the price equals, the inverse of the gross yield. The lower the multiple, the less you pay for each euro of annual rent.
How current are the figures?
The figures are recalculated daily from active online listings for apartments for sale. This page shows data as of November 4, 2026.