1. What affects rent in Germany?

1.1 The number of students

According to IW statistics, in most cities studied, the number of students increased between 2010/11 and 2017/18.

Source: iwkoeln.de

1.2 The cities

In Germany, as in all other countries in the world, rent varies depending on the city. Rent in major German cities such as Munich, Frankfurt am Main, Hamburg, Berlin, etc. is always at the top of the list of the most expensive rents.

1.3 Student Dormitories

Student housing prices also depend on the availability of university residences.

It's more difficult for students to find a place in university residences in large cities with a large number of international students like Hamburg, Berlin, and Bremen. In fact, only about 6% of students can live there.

1. 4 Availability of Housing Options

Having more housing options gives students great flexibility and, more importantly, helps keep rents at an affordable level. Supply must be able to respond to the increasing demand for housing, otherwise rents will increase quite quickly.

1.5 Average Income Per Capita

The higher the salaries, the more money is spent on rent, food, entertainment, etc. This means that people who earn enough money have the capacity to pay more for renting their accommodation, which only increases rent prices. This is why German cities with high average incomes generally have higher rents than their lower-income counterparts.

2. Statistics

• Yellow: 30 m2 apartment, on the second floor, near the university and train station, built after 2000

• Orange: 20 m2 room in a shared apartment

• Title: In which cities do students pay the most rent?

Source: statista.com

So, if you're considering studying in Germany and you don't yet know which city you'll live in, you can budget around 500 euros for rent. After reading this article, what do you think about rental costs in Germany? If you're wondering how to rent an apartment and what to pay attention to when looking for a room, read this article. We highly recommend it!