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min read

Munich Market Rental Trends Report

Relocity's rental trends report shows you how the nation’s major rental markets stack up and reveals 2024 pricing trends.

Munich’s rental market is characterized by high demand and relatively low supply. This imbalance has led to a steady increase in rental prices over the years. In fact, Munich is now considered one of the most expensive cities in Germany for renters. Asking rents for existing apartments are rising more strongly than for newly-built flats. The average rent per square meter in Munich was €23.11 in Q1 2024, increasing 1.08% from 2023 (€23.11)

Apartment Options


  • Rent w/o utilities: €1,490
  • Square metres: 15
  • Rooms: 1


  • Rent w/o utilities: €980
  • Square metres: 45
  • Rooms: 1.5


  • Rent w/o utilities: €1,520
  • Square metres: 62
  • Rooms: 2


  • Rent w/o utilities: €2,095
  • Square metres: 86.77
  • Rooms: 3


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