Frankfurt, Germany
Property prices · 2024 · Europe
Property price trend in Frankfurt (2024–2026)
Property comparison — cities in Germany (2024)
| City | Centre /sqm | Outside /sqm | 1-Bed Rent | vs Frankfurt |
|---|---|---|---|---|
| Frankfurt | EUR 8,200 | EUR 5,500 | EUR 1,700 | — |
| Munich | EUR 10,800 | EUR 7,200 | EUR 2,100 | +31.7% |
| Hamburg | EUR 7,800 | EUR 5,200 | EUR 1,600 | -4.9% |
| Stuttgart | EUR 7,200 | EUR 4,800 | EUR 1,550 | -12.2% |
| Cologne | EUR 6,800 | EUR 4,500 | EUR 1,450 | -17.1% |
| Berlin | EUR 6,200 | EUR 4,100 | EUR 1,400 | -24.4% |
Other Europe cities (2024)
Frequently asked questions
How much does property cost in Frankfurt in 2024?
In Frankfurt, the average price per sqm in the city centre is EUR 8,200, and EUR 5,500 outside the centre (2024 data). Prices have risen 7.5% since 2024.
How much is rent in Frankfurt in 2024?
A 1-bedroom apartment in Frankfurt rents for approximately EUR 1,700 per month in 2024. A 3-bedroom apartment costs around EUR 2,600/month.
Is it better to buy or rent in Frankfurt?
Renting is generally more cost-effective in Frankfurt. The price-to-rent ratio is 24.0x — it would take approximately 24.0 years of rental payments to equal the property purchase price. Current mortgage rates are approximately 3.50%.
What are mortgage rates in Germany in 2024?
The average mortgage rate in Germany is approximately 3.50% as of 2024. With a price-to-rent ratio of 24.0x, buyers should carefully weigh mortgage costs against rental savings.
What is the price per sqm in Frankfurt?
The average property price per square metre in Frankfurt city centre is EUR 8,200 in 2024. Outside the centre, expect to pay around EUR 5,500/sqm.