The rental price 2024: Where the most expensive apartments are in Germany!

The rental price 2024: Where the most expensive apartments are in Germany!

Charlottenburg-Wilmersdorf, Berlin, Deutschland - In 2024, the rental market in Germany, especially in Berlin, continued to move to dizzying heights. As the "Immowelt" portal reports, the ten most expensive rental apartments of the year were published, whereby the top object in Berlin has an incredible 25,000 euros. This luxurious apartment in Charlottenburg-Wilmersdorf not only offers 500 square meters of living space, but also 13 rooms, and could only be financed by the wealthiest tenants with an annual rent of 300,000 euros. Five of the ten most expensive rental apartments are in Berlin, which makes the city a magnet for wealthy tenants. Cologne and Düsseldorf can also come up with exclusive offers, but Berlin remains unchallenged the capital of luxury properties.

high rental prices in comparison

In parallel to these astronomical rental prices, the current rent index in Berlin shows an average of 15.80 euros per square meter of cold rent, as shown on Miet-aktuell.de This means that the actual rental prices are often up to 20% above this value, closely led by the rental price brake, which allows a maximum of 10% above the local comparison rent. A luxurious apartment in Prenzlauer Berg for 16,500 euros per month is also one of the highlights in the Berlin apartment scene, while a penthouse apartment in Düsseldorf is seventh in the ranking with a rent of 13,500 euros for 540 square meters.

The high demand for rental apartments, combined with the tight availability, has steadily increased rental prices in recent years. Another fact that makes it unequivocally clear why this city is considered expensive is the exorbitant annual rents that underline the extravagance and also cause concern about the future of the apartment market.