Overview
- A Kiel Institute study reports a clear rise in asking rents nationwide by late 2025, with Munich leading at €23.35 per square meter after a roughly 2% quarter‑over‑quarter increase.
- ImmobilienScout24 places Munich’s average at €20.05 per square meter, while Augsburg averages €12.46 and several Swabian cities and counties exceed €10, with northern districts such as Dillingen (€9.27) and Donau‑Ries (€9.45) remaining cheaper.
- New mapping from ImmobilienScout24 shows Munich’s highest reference rents around Schwabing, led by Giselastraße at €1,867 per month for a 70‑square‑meter two‑room apartment and Hohenzollernplatz at €1,847.
- The lowest reference rents within the city concentrate along the U5 in the southeast, including Neuperlach Zentrum at €1,362, while outer S‑Bahn stops such as Seefeld‑Hechendorf (€809) and Eglharting (€905) are markedly lower.
- Market conditions are tightening with fewer listings, rising prices, and more fixed‑term or furnished offers, according to the IfW project lead.