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Munich market rental trends report

Written by Relocity | November 02, 2025

Rental prices in Munich have continued to rise over the past 3 months, with asking rents increasing by approximately 2–5%, reflecting sustained pressure in the market.

This growth follows a longer-term upward trend, with new listings consistently priced above existing contract levels. The increase has been driven by strong tenant demand, limited housing supply, and slower-than-needed new construction, particularly in centrally located and well-connected districts. The current median rent in Munich is approximately €22–€23 per square meter per month, reinforcing its position as Germany’s most expensive rental market.

Apartment listings

Below are some recent listing examples. The Munich rental market is fast-pacing and it might happen that some of these listings and no longer available.

Studio

  • Rent: €1,600 per month

  • Sqm: 33 m²

1 bedroom

  • Rent: €2,050 per month

  • Sqm: 70 m²

2 bedroom

  • Rent: €2,455 per month

  • Sqm: 99 m²

3 bedroom

  • Rent: €3,300

  • Sqm: 77 m²