Munich, Germany
Property prices · 2026 · Europe · Price +3.4% vs 2025
Property price trend in Munich (2024–2026)
Property comparison — cities in Germany (2026)
| City | Centre /sqm | Outside /sqm | 1-Bed Rent | vs Munich |
|---|---|---|---|---|
| Munich | EUR 11,610 | EUR 7,740 | EUR 2,258 | — |
| Frankfurt | EUR 8,815 | EUR 5,912 | EUR 1,828 | -24.1% |
| Hamburg | EUR 8,385 | EUR 5,590 | EUR 1,720 | -27.8% |
| Stuttgart | EUR 7,740 | EUR 5,160 | EUR 1,666 | -33.3% |
| Cologne | EUR 7,310 | EUR 4,838 | EUR 1,559 | -37% |
| Berlin | EUR 6,634 | EUR 4,387 | EUR 1,498 | -42.9% |
Other Europe cities (2026)
Frequently asked questions
How much does property cost in Munich in 2026?
In Munich, the average price per sqm in the city centre is EUR 11,610, and EUR 7,740 outside the centre (2026 data). Prices have risen 7.5% since 2024.
How much is rent in Munich in 2026?
A 1-bedroom apartment in Munich rents for approximately EUR 2,258 per month in 2026. A 3-bedroom apartment costs around EUR 3,440/month.
Is it better to buy or rent in Munich?
Renting is generally more cost-effective in Munich. The price-to-rent ratio is 27.0x — it would take approximately 27.0 years of rental payments to equal the property purchase price. Current mortgage rates are approximately 3.50%.
What are mortgage rates in Germany in 2026?
The average mortgage rate in Germany is approximately 3.50% as of 2026. With a price-to-rent ratio of 27.0x, buyers should carefully weigh mortgage costs against rental savings.
How have property prices in Munich changed?
Property prices in Munich have changed +3.4% vs 2025. Since 2024, prices have increased by 7.5%. Use the year tabs above to compare prices across years.
What is the price per sqm in Munich?
The average property price per square metre in Munich city centre is EUR 11,610 in 2026. Outside the centre, expect to pay around EUR 7,740/sqm.