In Germany, apartments were most expensive in Munich, with the average square meter price as high 9,400 euros. In Cologne, on the other hand, the average square meter price was about 4,900 euros. According to the house price index, house prices in the country have risen steadily in recent years.
Average cost of an apartment in Germany in 2023, by city
(in euros per square meter)
Characteristic
Average cost per square meter in euros
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Newly built apartments.
The source states 'apartment price unless otherwise
defined, all prices are average monthly rents per square meter for apartments on offer, regardless of year of construction and floor area'.
Figures rounded.
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Catella. (November 8, 2023). Average cost of an apartment in Germany in 2023, by city (in euros per square meter)
[Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/899250/cost-of-apartments-in-germany/
Catella. "Average cost of an apartment in Germany in 2023, by city (in euros per square meter)
." Chart. November 8, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/899250/cost-of-apartments-in-germany/
Catella. (2023). Average cost of an apartment in Germany in 2023, by city (in euros per square meter)
. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/899250/cost-of-apartments-in-germany/
Catella. "Average Cost of An Apartment in Germany in 2023, by City (in Euros per Square Meter)
." Statista, Statista Inc., 8 Nov 2023, https://www.statista.com/statistics/899250/cost-of-apartments-in-germany/
Catella, Average cost of an apartment in Germany in 2023, by city (in euros per square meter)
Statista, https://www.statista.com/statistics/899250/cost-of-apartments-in-germany/ (last visited July 22, 2024)
Average cost of an apartment in Germany in 2023, by city (in euros per square meter)
[Graph], Catella, November 8, 2023. [Online]. Available: https://www.statista.com/statistics/899250/cost-of-apartments-in-germany/