In Frankfurt am Main are the Rent of the 10099 apartments currently on offer compared to the offers of the week of the previous year on average by -7 percent become cheaper. This results in an evaluation for more than 90% of the asking rents and asking prices this week.
Regardless of the size of the apartment, the rent in Frankfurt am Main is 16.70 euros per square meter (as of today).
In detail, the rental price changes throughout Frankfurt am Main are as follows:
- Apartments under 40 square meters: average asking price this week EUR 20.49 per square meter, in the same week last year EUR 24.76 (-17.2%)
- Apartments between 40-60 square meters: on average 16.52 euros/square meter, same week last year 16.02 euros (+3.1%)
- Apartments between 60-90 square meters: on average 15.21 euros/square meter, same week last year 14.99 euros (+1.4%)
- Apartments between 90-120 square meters: on average 15.95 euros/square meter, same week last year 15.36 euros (+3.8%)
- Apartments larger than 120 square meters: on average 17.38 euros/square meter, same week last year 16.50 euros (+5.3%)
Prices for condominiums in Frankfurt am Main continue to rise
6,118 euros: That’s how much a square meter currently costs for condominiums across all categories and sizes in Frankfurt am Main, which is 2.2 percent more than 12 months ago.
For newly built condominiums an average of 6,997 euros per square meter is being asked for this week. The square meter price for a old apartment is currently 5,884 euros.
Current house offers are cheaper
If you compare this week with a year ago, you get a price difference of -1.7 percent: an average of 5,624 euros per square meter is required for the houses in Frankfurt am Main that are on offer this week. But there are also differences in houses depending on their condition and age:
- existing houses on average: 5,541 euros per square meter (-1.2%)
- Newly built houses on average: 5,312 euros per square meter (-17.7%)
- renovated houses on average: 5,872 euros per square meter (+6.2%)
What are the changes in the rental and condominium market?
This is how the supply of rental and owner-occupied apartments has developed in Frankfurt am Main over the past 12 months:
- offer an rental apartments this week and last year: 10099 to 14987 (-32.6%)
- offer an condominiums this week and last year: 1353 to 768 (+76.2%)
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Andreas Krämer has been active as a copywriter with his writing office for over 12 years. He has specialized in the creation of technical texts, blog posts, news articles and app test reports.
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