Average price per square meter of an apartment in different German cities Q1 2021

Published by Statista Research Department, Feb 7, 2022
The average cost per square meter of newly built apartments in Germany was the highest in Munich in the first quarter of 2021. The price of a square meter was on average 9,300 euros, while in other cities prices were significantly lower. In Cologne, for example, the average square meter price was 4,185 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 1st quarter 2021, by city (in euros per square meter)

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Source

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Release date

May 2021

Region

Germany

Survey time period

Q1 2021

Supplementary notes

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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* Prices do not include sales tax.

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