As of May 2025, apartments for rent in Munich continue to rank among the most expensive and competitive rental markets in Germany. High demand, a shortage of available units, and rising rental prices define the city’s real estate landscape, particularly in central neighborhoods.
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Rental Market Overview – May 2025
Rental Prices: The average cold rent (excluding utilities) in Munich stands at approximately €19.30 per square meter, marking a 1.6% increase from the previous quarter.
(Source: Relocity)
Supply & Demand: Munich faces an annual shortage of roughly 3,500 new apartments, putting upward pressure on rental prices.
(Source: Investropa)
Typical Monthly Rents by Apartment Size:
1-room apartment: €1,050–€5,000
2-room apartment: €1,300–€7,050
3-room apartment: €1,000–€1,800 in outer districts, €1,400–€2,500 in premium locations
(Sources: Dwellworks, Nestpick)
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Neighborhoods with More Rental Availability
Giesing, Laim, Moosach – Suburban areas offering more affordable options, ideal for young couples and families.
Sendling – Located in the southwest, this neighborhood provides better value while still being well-connected to central Munich.
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Where to Find Stylish Apartments
Bogenhausen – A prestigious district with elegant villas and upscale apartments, suitable for high-end renters.
Haidhausen – Known for its beautiful architecture and historic charm, this area offers stylish apartments in high demand.
Schwabing – A lively, youthful district famous for its nightlife and trendy design, perfect for young professionals.
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Tips for Renting in Munich
Prepare Your Documents Early: Including ID, proof of income, and a credit report (SCHUFA).
Use Online Platforms: Wunderflats, Nestpick, and FarAwayHome are great for finding both short- and long-term furnished rentals.
Be Flexible with Neighborhoods: Less central areas may offer better availability and more affordable rent.
Start Your Search Early: The market is highly competitive, and desirable apartments get rented quickly.
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In Summary: Munich’s rental market in May 2025 remains tight and expensive, especially in the city center. However, renters willing to explore less central districts can still find attractive and more affordable housing options. Early preparation and a flexible mindset are key to navigating the city’s challenging housing landscape.
