The cost of renting an apartment in Berlin continues to be a relevant topic for residents and newcomers in 2024. Rental prices in Berlin in 2024 can vary significantly depending on the district, type of housing, and the overall real estate market.
At Dominart Real Estate GmbH, we assist in renting apartments in Berlin and throughout Germany. We also help property owners find tenants in Berlin.
Since 2008, our team has been successfully providing property management, search, purchase, and sale services. We conduct a thorough analysis of properties in Berlin's districts, help clients make informed decisions, and find the best options according to their needs and budget.
Berlin Rent Price Development 2011-2024
According to data from the rent index, the price per square meter for rental apartments in Berlin increased by an average of 40% between 2011 and 2023. In 2024, a 30 m² apartment in Berlin cost €18.44 per m². In comparison, larger apartments of 60 m² and 100 m² were cheaper, costing €14.5 and €15 per m² respectively. By 2024, the average price in Berlin had risen to an impressive €26.2 per m², an increase of almost 35% within just two years.
This exponential increase in rents is alarming and raises questions about whether and how affordable housing can be secured in Berlin in the long term. Many experts attribute the price development to Berlin's growing attractiveness as a place to live, work, and enjoy life, while the availability of housing is simultaneously decreasing. Additionally, financially strong investors are increasingly investing in Berlin real estate.
Rent Prices in Berlin by Apartment Size and District
The rent price analysis by apartment size reveals an interesting picture. Smaller apartments are consistently more expensive than larger ones in Berlin. For singles and small households, this means a particular burden.
Currently, a 30 m² apartment costs about €28 per m². In contrast, the price per square meter for a 60 m² apartment is a more moderate €23.88, and for a 100 m² apartment, it is a comparatively affordable €20.50 per m².
The range of rent prices between Berlin's districts is also noteworthy. While in established trendy neighborhoods like Friedrichshain-Kreuzberg or Mitte, prices of €25-30 per m² are not uncommon, tenants can still find apartments in outer districts like Marzahn-Hellersdorf for under €15 per m².
According to the rent index, the cheapest housing in 2024 is available in Hellersdorf, where the average price per square meter is now €11.64. The other extreme is marked by the district of Oberschöneweide, with top rents reaching up to €35.70 per m².
Rental Prices in Berlin 2024
| Berlin Neighborhood | Average rent for a one-bedroom apartment | Average rent for a two-bedroom apartment |
|---|---|---|
| Mitte | from ≈1.200 | from ≈2.000 |
| Friedrichshain | from ≈1.000 | from ≈1.500 |
| Prenzlauer Berg | from ≈1.000 | from ≈1.500 |
| Kreuzberg | from ≈1.000 | from ≈1.500 |
| Neukölln | from ≈700 | from ≈1.000 |
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