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Munich retains title as Germany’s most expensive rental market, underscoring affordability pressures for residents and businesses

Executive summary: Munich continues to have the highest average rent per square meter in Germany, with costs more than double those in other major metros. Elevated housing costs raise living expenses for residents and can increase operating costs for businesses that lease office or residential space in the city.

Who is involved: Renters, landlords, residential real estate developers, Munich municipal authorities, and firms seeking office or employee housing in the region.

Likely next: Continued pressure for affordable housing initiatives and potential shifts in residential or commercial location choices by cost‑sensitive tenants and companies.

Munich’s average rent per square metre remains the highest in the country, exceeding that of other major German cities by more than a factor of two. The persistence of premium housing costs highlights ongoing affordability challenges that affect both household budgets and corporate location decisions. While the report does not cite new policy measures, it reinforces the city’s long‑standing position at the top of the national rental ranking.

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