morgenpost
Where rents are lowest in Berlin - and where they are highest
A study commissioned by Berlin Hyp has only one good news: More apartments are on offer again - but once again significantly more expensive.
2025-05-19 12:29:09
Europe
Real Estate
Finance
Rising Rental Costs in Berlin Amidst Housing Shortage
Image used under license from Shutterstock.com
Berlin's rental market is facing significant challenges as average rents have surged by 12% from 2023 to 2024, reaching €15.79 per square meter. This increase marks the highest among Germany's largest cities.
Despite a rise in available apartments, the overall housing supply remains strained, exacerbated by a growing population projected to increase by 5% until 2040. To meet demand, Berlin requires 222,000 new apartments, yet current construction plans fall short with only around 10,000 units anticipated.
The completion of new homes has also declined, with 15,350 units finished in 2022, a 3.8% drop from the previous year. Most developments occurred in multi-family housing, while single-family units decreased.
Additionally, a recent policy shift regarding social housing may lead to unexpected costs for higher-income tenants. As the city grapples with these issues, the gap between existing and newly rented properties continues to widen.
The press radar on this topic:
rbb24
Rental Offers in Berlin Rise Significantly Again
The rental offers in Berlin have increased by 12% compared to 2023 to 2024, which represents the highest increase among the seven most populous cities in Germany. The average rental offer is 15.79 euros per square meter, which is the third highest value in Germany after Munich and Frankfurt am Main. The Berlin housing market remains tense despite numerous new construction projects, as there is not enough available living space. The discrepancy between existing rents and new contract rents is i..
Tagesspiegel
Living in the Capital: Report: Rent Offers in Berlin Continue to Rise
In Berlin, the average cold rent increased by 12% to 15.79 euros per square meter, according to the current housing market report from the Investment Bank and CBRE. The shortage of available housing is attributed to the constant population growth of 5% until 2040. By 2040, Berlin will need 222,000 new apartments as well as a land reserve for an additional 50,000 units, with only about 10,000 new construction projects planned.
gmx
Fewer completed apartments in Berlin again
The number of completed apartments in Berlin fell by 3.8% in 2022 and is still below the target of 20,000 new apartments per year. Most new apartments were built in the districts of Treptow-Köpenick and Spandau, with the number in Spandau being more than three times as high as in the previous year. The decline is mainly due to a decrease in apartments in existing buildings, while new construction remained relatively constant. The black-red Senate has set itself the goal of significantly increa..
Welcome!
infobud.news is an AI-driven news aggregator that simplifies global news, offering customizable feeds in all languages for tailored insights into tech, finance, politics, and more. It provides precise, relevant news updates, overcoming conventional search tool limitations. Due to the diversity of news sources, it provides precise and relevant news updates, focusing entirely on the facts without influencing opinion. Read moreExpand