One study now finds the average flatshare in Germany costs around €489 in ‘warm’ rent per month – that includes additional costs such as heating and water.
In a study put together with the popular flatshare search website wg-gesucht, the Moses Mendelssohn Institute found that the average rent for a room in a flatshare in Germany has gone up by about €17 per month since last year.
But as with all averages, it hides extremes – with cities like Munich recording flatshare prices that are a lot higher.
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The Bavarian capital now has an average flatshare rent of €790 per month – around €300 above the national average.
Munich’s increase has also been sharp in recent years. Just two years ago, its average monthly flatshare rent was €90 cheaper per month.
Where else are flatshares going up?
While Munich leads the high flatshare prices by some distance, spikes have been seen in other German cities as well.
Frankfurt comes in second place in the study’s ranking of expensive flatshares. But at an average of €680 a month, renting a room in Germany’s financial capital is around €110 less than in Munich.
Turning in more evidence that its no longer the cheap living place it once was is Berlin, which ranks in third spot. At a monthly average of €650, Berlin is now almost as expensive a place to rent a room as Frankfurt – and it comes ahead of traditional well-to-do Hamburg. The average flatshare rent in the Hanseatic city is €620 per month.
That said, Berlin’s average flatshare rent has remained virtually unchanged in price since last year – unlike other places in the country that saw spikes in the cost.
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Where is it cheaper to rent a flatshare in Germany?
Students in particular feel the strain with flatshare rents increasing – but there are still a few university towns with cheaper average monthly rates that are below the national average.
These include Siegen (€320), Jena (€328), Wismar (€325) and at €290, the Saxon city of Chemnitz comes in particularly low.
The other option is to simply opt for more roommates. The study measured the average flatshare rents of two and three-bedroom places. Those who opt to share a four-bedroom or larger place might be able to snag a cheaper deal.
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