Gross rental yields in Germany: Berlin, Munich and 6 other cities
The average gross rental yield in Germany stands at 3.34% (Q3, 2026). Previously, in Q1 2026, the rental yield was 3.42%.
Cities and areas compared
- Berlin
- Munich
- Frankfurt
- Stuttgart
- Hamburg
- Leipzig
- Cologne
- Düsseldorf
Historical rental yields in Germany
| BERLIN - Apartments | COST (€) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Charlottenburg-Wilmersdorf | |||
| Studio | €219,000 | €730 | 4.00% |
| 1-Bedroom | €349,000 | €1,060 | 3.64% |
| 2-Bedroom | €597,500 | €1,910 | 3.84% |
| 3-Bedroom | €864,500 | €2,360 | 3.28% |
| Pankow (district) | |||
| Studio | Unlock | Unlock | Unlock |
| 1-Bedroom | Unlock | Unlock | Unlock |
| 2-Bedroom | Unlock | Unlock | Unlock |
| Mitte (district) | |||
| Studio | Unlock | Unlock | Unlock |
| 1-Bedroom | Unlock | Unlock | Unlock |
| 2-Bedroom | Unlock | Unlock | Unlock |
| 3-Bedroom | Unlock | Unlock | Unlock |
| Friedrichshain-Kreuzberg | |||
| Studio | Unlock | Unlock | Unlock |
| 1-Bedroom | Unlock | Unlock | Unlock |
| 2-Bedroom | Unlock | Unlock | Unlock |
| 3-Bedroom | Unlock | Unlock | Unlock |
| Tempelhof-Schöneberg | |||
| Studio | Unlock | Unlock | Unlock |
| 1-Bedroom | Unlock | Unlock | Unlock |
| 2-Bedroom | Unlock | Unlock | Unlock |
| Treptow-Köpenick | |||
| Studio | Unlock | Unlock | Unlock |
| 1-Bedroom | Unlock | Unlock | Unlock |
| 2-Bedroom | Unlock | Unlock | Unlock |
| Potsdam | |||
| 1-Bedroom | Unlock | Unlock | Unlock |
| 2-Bedroom | Unlock | Unlock | Unlock |
| Neukölln (district) | |||
| Studio | Unlock | Unlock | Unlock |
| 1-Bedroom | Unlock | Unlock | Unlock |
| 2-Bedroom | Unlock | Unlock | Unlock |
| Berlin (all locations) | |||
| Studio | Unlock | Unlock | Unlock |
| 1-Bedroom | Unlock | Unlock | Unlock |
| 2-Bedroom | Unlock | Unlock | Unlock |
| 3-Bedroom | Unlock | Unlock | Unlock |
| 4+Bedroom | Unlock | Unlock | Unlock |
| Berlin avg. Rental Yields | Unlock | ||
| MUNICH - Apartments | COST (€) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| District of Munich | |||
| 1-Bedroom | Unlock | Unlock | Unlock |
| 2-Bedroom | Unlock | Unlock | Unlock |
| 3-Bedroom | Unlock | Unlock | Unlock |
| Bogenhausen | |||
| 1-Bedroom | Unlock | Unlock | Unlock |
| 2-Bedroom | Unlock | Unlock | Unlock |
| District Fürstenfeldbruck | |||
| 1-Bedroom | Unlock | Unlock | Unlock |
| 2-Bedroom | Unlock | Unlock | Unlock |
| Munich (all locations) | |||
| Studio | Unlock | Unlock | Unlock |
| 1-Bedroom | Unlock | Unlock | Unlock |
| 2-Bedroom | Unlock | Unlock | Unlock |
| 3-Bedroom | Unlock | Unlock | Unlock |
| 4+Bedroom | Unlock | Unlock | Unlock |
| Munich avg. Rental Yields | Unlock | ||
| FRANKFURT - Apartments | COST (€) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| District of Offenbach | |||
| 1-Bedroom | Unlock | Unlock | Unlock |
| 2-Bedroom | Unlock | Unlock | Unlock |
| 3-Bedroom | Unlock | Unlock | Unlock |
| Main-Kinzig District | |||
| 2-Bedroom | Unlock | Unlock | Unlock |
| 3-Bedroom | Unlock | Unlock | Unlock |
| Main-Taunus-Kreis | |||
| 1-Bedroom | Unlock | Unlock | Unlock |
| 2-Bedroom | Unlock | Unlock | Unlock |
| 3-Bedroom | Unlock | Unlock | Unlock |
| Hochtaunuskreis | |||
| 1-Bedroom | Unlock | Unlock | Unlock |
| 2-Bedroom | Unlock | Unlock | Unlock |
| 3-Bedroom | Unlock | Unlock | Unlock |
| Offenbach am Main | |||
| 1-Bedroom | Unlock | Unlock | Unlock |
| 2-Bedroom | Unlock | Unlock | Unlock |
| Groß-Gerau district | |||
| 1-Bedroom | Unlock | Unlock | Unlock |
| 2-Bedroom | Unlock | Unlock | Unlock |
| Downtown II | |||
| 1-Bedroom | Unlock | Unlock | Unlock |
| 2-Bedroom | Unlock | Unlock | Unlock |
| Wetteraukreis | |||
| 1-Bedroom | Unlock | Unlock | Unlock |
| 2-Bedroom | Unlock | Unlock | Unlock |
| 3-Bedroom | Unlock | Unlock | Unlock |
| Frankfurt (all locations) | |||
| Studio | Unlock | Unlock | Unlock |
| 1-Bedroom | Unlock | Unlock | Unlock |
| 2-Bedroom | Unlock | Unlock | Unlock |
| 3-Bedroom | Unlock | Unlock | Unlock |
| 4+Bedroom | Unlock | Unlock | Unlock |
| Frankfurt am Main avg. Rental Yields | Unlock | ||
| STUTTGART - Apartments | COST (€) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Stuttgart (all locations) | |||
| Studio | Unlock | Unlock | Unlock |
| 1-Bedroom | Unlock | Unlock | Unlock |
| 2-Bedroom | Unlock | Unlock | Unlock |
| 3-Bedroom | Unlock | Unlock | Unlock |
| 4+Bedroom | Unlock | Unlock | Unlock |
| Stuttgart avg. Rental Yields | Unlock | ||
| HAMBURG - Apartments | COST (€) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Wandsbek (district) | |||
| 1-Bedroom | Unlock | Unlock | Unlock |
| 2-Bedroom | Unlock | Unlock | Unlock |
| Hamburg-Nord | |||
| 1-Bedroom | Unlock | Unlock | Unlock |
| 2-Bedroom | Unlock | Unlock | Unlock |
| Eimsbüttel (district) | |||
| 1-Bedroom | Unlock | Unlock | Unlock |
| 2-Bedroom | Unlock | Unlock | Unlock |
| Pinneberg District | |||
| 1-Bedroom | Unlock | Unlock | Unlock |
| 2-Bedroom | Unlock | Unlock | Unlock |
| Altona | |||
| 1-Bedroom | Unlock | Unlock | Unlock |
| 2-Bedroom | Unlock | Unlock | Unlock |
| Hamburg (all locations) | |||
| Studio | Unlock | Unlock | Unlock |
| 1-Bedroom | Unlock | Unlock | Unlock |
| 2-Bedroom | Unlock | Unlock | Unlock |
| 3-Bedroom | Unlock | Unlock | Unlock |
| 4+Bedroom | Unlock | Unlock | Unlock |
| Hamburg avg. Rental Yields | Unlock | ||
| LEIPZIG - Apartments | COST (€) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Center | |||
| 1-Bedroom | Unlock | Unlock | Unlock |
| 2-Bedroom | Unlock | Unlock | Unlock |
| Leipzig (all locations) | |||
| Studio | Unlock | Unlock | Unlock |
| 1-Bedroom | Unlock | Unlock | Unlock |
| 2-Bedroom | Unlock | Unlock | Unlock |
| 3-Bedroom | Unlock | Unlock | Unlock |
| Leipzig avg. Rental Yields | Unlock | ||
| COLOGNE - Apartments | COST (€) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Center | |||
| 1-Bedroom | Unlock | Unlock | Unlock |
| 2-Bedroom | Unlock | Unlock | Unlock |
| Cologne (all locations) | |||
| Studio | Unlock | Unlock | Unlock |
| 1-Bedroom | Unlock | Unlock | Unlock |
| 2-Bedroom | Unlock | Unlock | Unlock |
| 3-Bedroom | Unlock | Unlock | Unlock |
| Cologne avg. Rental Yields | Unlock | ||
| DÜSSELDORF - Apartments | COST (€) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Center | |||
| 1-Bedroom | Unlock | Unlock | Unlock |
| 2-Bedroom | Unlock | Unlock | Unlock |
| Düsseldorf (all locations) | |||
| Studio | Unlock | Unlock | Unlock |
| 1-Bedroom | Unlock | Unlock | Unlock |
| 2-Bedroom | Unlock | Unlock | Unlock |
| 3-Bedroom | Unlock | Unlock | Unlock |
| Düsseldorf avg. Rental Yields | Unlock | ||
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All yields are gross - i.e., before taxes, repair costs, ground rents, estate agents' fees, and any other costs. Net yields (what you´ll really earn) are typically around 1.5% to 2% lower. Source: Global Property Guide and immobilienscout24.de |
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View the full rental yield dataset (2022 - Present)
Research Methodology:
Our rental yield analysis is conducted biannually to ensure up-to-date insights. We assess 1-bedroom, 2-bedroom, and 3-bedroom properties across the largest cities in Germany, comparing median rental prices with median purchase prices to determine gross rental yields.
We source data from a leading local property platform, capturing both asking rents and list prices to reflect current market conditions. The gross rental yield is calculated using the following formula:
(Median Monthly Rent × 12) ÷ Median Purchase Price × 100
For example, if the median monthly rent is €500 and the median purchase price is €100,000, the yield is calculated as:
(€500 × 12) ÷ €100,000 = 6% Gross Rental Yield
Note: NET yields vary from country to country, but are usually 1.5-2% lower.
