Gross rental yields in Germany: Berlin, Munich and 6 other cities
The average gross rental yield in Germany stands at 3.42% (Q1, 2026). Previously, in Q3 2025, the rental yield was 3.51%.
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 | €229,000 | €900 | 4.72% |
| 1-Bedroom | €359,000 | €1,160 | 3.88% |
| 2-Bedroom | €620,000 | €1,540 | 2.98% |
| 3-Bedroom | €929,500 | €2,500 | 3.23% |
| Pankow (district) | |||
| Studio | €239,000 | €650 | 3.26% |
| 1-Bedroom | €295,000 | €810 | 3.29% |
| 2-Bedroom | €550,000 | €1,200 | 2.62% |
| Mitte (district) | |||
| Studio | €199,000 | €670 | 4.04% |
| 1-Bedroom | €365,000 | €1,140 | 3.75% |
| 2-Bedroom | €598,000 | €1,750 | 3.51% |
| 3-Bedroom | €899,000 | €2,620 | 3.50% |
| Friedrichshain-Kreuzberg | |||
| Studio | €210,000 | €680 | 3.89% |
| 1-Bedroom | €375,000 | €760 | 2.43% |
| 2-Bedroom | €559,000 | €1,200 | 2.58% |
| 3-Bedroom | €850,000 | €1,920 | 2.71% |
| Tempelhof-Schöneberg | |||
| Studio | €198,000 | €660 | 4.00% |
| 1-Bedroom | €299,400 | €750 | 3.01% |
| 2-Bedroom | €570,000 | €1,000 | 2.11% |
| Treptow-Köpenick | |||
| Studio | €184,500 | €650 | 4.23% |
| 1-Bedroom | €266,000 | €1,050 | 4.74% |
| 2-Bedroom | €430,000 | €1,200 | 3.35% |
| Potsdam | |||
| 1-Bedroom | €315,000 | €790 | 3.01% |
| 2-Bedroom | €460,000 | €1,700 | 4.43% |
| Neukölln (district) | |||
| Studio | €198,000 | €650 | 3.94% |
| 1-Bedroom | €292,000 | €670 | 2.75% |
| 2-Bedroom | €485,000 | €1,070 | 2.65% |
| Berlin (all locations) | |||
| Studio | €199,000 | €830 | 5.01% |
| 1-Bedroom | €325,000 | €1,050 | 3.88% |
| 2-Bedroom | €527,000 | €1,530 | 3.48% |
| 3-Bedroom | €845,000 | €2,300 | 3.27% |
| 4+Bedroom | €1,050,000 | €3,300 | 3.77% |
| Berlin avg. Rental Yields | 3.88% | ||
| MUNICH - Apartments | COST (€) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| District of Munich | |||
| 1-Bedroom | €439,000 | €1,280 | 3.50% |
| 2-Bedroom | €599,000 | €1,650 | 3.31% |
| 3-Bedroom | €869,900 | €1,980 | 2.73% |
| Bogenhausen | |||
| 1-Bedroom | €592,000 | €1,450 | 2.94% |
| 2-Bedroom | €837,500 | €1,880 | 2.69% |
| District Fürstenfeldbruck | |||
| 1-Bedroom | €349,000 | €1,100 | 3.78% |
| 2-Bedroom | €496,500 | €1,690 | 4.08% |
| Munich (all locations) | |||
| Studio | €299,000 | €850 | 3.41% |
| 1-Bedroom | €548,000 | €1,300 | 2.85% |
| 2-Bedroom | €790,000 | €1,760 | 2.67% |
| 3-Bedroom | €1,165,000 | €2,390 | 2.46% |
| 4+Bedroom | €2,120,000 | €3,140 | 1.78% |
| Munich avg. Rental Yields | 2.63% | ||
| FRANKFURT - Apartments | COST (€) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| District of Offenbach | |||
| 1-Bedroom | €219,000 | €940 | 5.15% |
| 2-Bedroom | €347,000 | €1,250 | 4.32% |
| 3-Bedroom | €439,000 | €1,690 | 4.62% |
| Main-Kinzig District | |||
| 2-Bedroom | €259,000 | €950 | 4.40% |
| 3-Bedroom | €389,000 | €1,190 | 3.67% |
| Main-Taunus-Kreis | |||
| 1-Bedroom | €343,800 | €850 | 2.97% |
| 2-Bedroom | €387,500 | €1,140 | 3.53% |
| 3-Bedroom | €621,800 | €1,600 | 3.09% |
| Hochtaunuskreis | |||
| 1-Bedroom | €275,000 | €990 | 4.32% |
| 2-Bedroom | €365,000 | €1,300 | 4.27% |
| 3-Bedroom | €529,900 | €1,900 | 4.30% |
| Offenbach am Main | |||
| 1-Bedroom | €315,000 | €850 | 3.24% |
| 2-Bedroom | €409,000 | €1,200 | 3.52% |
| Groß-Gerau district | |||
| 1-Bedroom | €219,000 | €850 | 4.66% |
| 2-Bedroom | €285,000 | €1,300 | 5.47% |
| Downtown II | |||
| 1-Bedroom | €499,500 | €1,400 | 3.36% |
| 2-Bedroom | €745,000 | €2,220 | 3.58% |
| Wetteraukreis | |||
| 1-Bedroom | €285,300 | €780 | 3.28% |
| 2-Bedroom | €425,000 | €1,080 | 3.05% |
| 3-Bedroom | €699,900 | €1,260 | 2.16% |
| Frankfurt (all locations) | |||
| Studio | €244,300 | €700 | 3.44% |
| 1-Bedroom | €399,000 | €1,190 | 3.58% |
| 2-Bedroom | €589,000 | €1,500 | 3.06% |
| 3-Bedroom | €795,000 | €2,240 | 3.38% |
| 4+Bedroom | €1,495,000 | €3,800 | 3.05% |
| Frankfurt am Main avg. Rental Yields | 3.30% | ||
| STUTTGART - Apartments | COST (€) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Stuttgart (all locations) | |||
| Studio | €178,000 | €750 | 5.06% |
| 1-Bedroom | €268,000 | €1,050 | 4.70% |
| 2-Bedroom | €349,000 | €1,300 | 4.47% |
| 3-Bedroom | €574,000 | €1,780 | 3.72% |
| 4+Bedroom | €890,000 | €2,470 | 3.33% |
| Stuttgart avg. Rental Yields | 4.26% | ||
| HAMBURG - Apartments | COST (€) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Wandsbek (district) | |||
| 1-Bedroom | €304,500 | €660 | 2.60% |
| 2-Bedroom | €449,000 | €940 | 2.51% |
| Hamburg-Nord | |||
| 1-Bedroom | €359,000 | €760 | 2.54% |
| 2-Bedroom | €744,500 | €1,050 | 1.69% |
| Eimsbüttel (district) | |||
| 1-Bedroom | €396,500 | €840 | 2.54% |
| 2-Bedroom | €557,500 | €1,200 | 2.58% |
| Pinneberg District | |||
| 1-Bedroom | €204,000 | €740 | 4.35% |
| 2-Bedroom | €310,500 | €1,050 | 4.06% |
| Altona | |||
| 1-Bedroom | €450,000 | €820 | 2.19% |
| 2-Bedroom | €597,000 | €1,060 | 2.13% |
| Hamburg (all locations) | |||
| Studio | €239,000 | €570 | 2.86% |
| 1-Bedroom | €364,000 | €780 | 2.57% |
| 2-Bedroom | €539,000 | €1,050 | 2.34% |
| 3-Bedroom | €898,000 | €1,620 | 2.16% |
| 4+Bedroom | €1,650,000 | €2,680 | 1.95% |
| Hamburg avg. Rental Yields | 2.38% | ||
| LEIPZIG - Apartments | COST (€) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Center | |||
| 1-Bedroom | €235,000 | €760 | 3.88% |
| 2-Bedroom | €337,500 | €1,000 | 3.56% |
| Leipzig (all locations) | |||
| Studio | €119,000 | €400 | 4.03% |
| 1-Bedroom | €159,000 | €600 | 4.53% |
| 2-Bedroom | €249,000 | €730 | 3.52% |
| 3-Bedroom | €424,000 | €1,390 | 3.93% |
| Leipzig avg. Rental Yields | 4.00% | ||
| COLOGNE - Apartments | COST (€) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Center | |||
| 1-Bedroom | €349,000 | €880 | 3.03% |
| 2-Bedroom | €574,000 | €1,200 | 2.51% |
| Cologne (all locations) | |||
| Studio | €165,000 | €580 | 4.22% |
| 1-Bedroom | €300,000 | €800 | 3.20% |
| 2-Bedroom | €448,100 | €1,140 | 3.05% |
| 3-Bedroom | €689,500 | €1,500 | 2.61% |
| Cologne avg. Rental Yields | 3.27% | ||
| DÜSSELDORF - Apartments | COST (€) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Center | |||
| 1-Bedroom | €335,000 | €940 | 3.37% |
| 2-Bedroom | €632,000 | €1,650 | 3.13% |
| Düsseldorf (all locations) | |||
| Studio | €197,000 | €650 | 3.96% |
| 1-Bedroom | €269,500 | €890 | 3.96% |
| 2-Bedroom | €465,000 | €1,440 | 3.72% |
| 3-Bedroom | €860,000 | €2,000 | 2.79% |
| Düsseldorf avg. Rental Yields | 3.61% | ||
| 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.
