Drakestraße 4A, 12205 Berlin, Germany | 3 bed apartment for rent #129877481 | Rentberry (2024)

FAQs

How much is an apartment in Berlin, Germany? ›

Berlin landlords typically receive hundreds of applicants as the rental market is very competitive. To better your chances, start applying early and send many applications. To make it easy for the landlord, write a compelling introduction that highlights you're reliable.

Costs for rent, electricity and internet are shared. This form of cohabitation is one of the most popular among young people in Germany: over 30 percent of students in Germany live in a flatshare. On average, students pay between 238 and 494 EUR per month for a room in a shared flat - depending on where they live.

Renting an apartment in Germany

According to recent figures from Numbeo, you can expect to pay the following per month on rent: €941 for a 1-bedroom, city-centre apartment. €700 for a 1-bedroom apartment outside of the city centre. €450 for a room in a shared flat.

You'll need the following required documents for renting in Germany as a foreigner: Your ID or passport. A Mietschuldenfreiheitsbescheinigung—a document to prove you don't owe previous landlords money. Your potential landlord might not ask for this but it's best to have it if possible.

Renting is very common in Germany, with many residents renting a single property for years or even decades. Tenants are well-protected, with laws in place around evictions and rent increases. However, renting a home can be expensive in some German cities.

There are several factors that contribute to the high cost of living in Berlin. One is the city's strong economy and high demand for housing. This has led to a shortage of affordable housing and increased competition for rental properties, resulting in higher rent prices.

Berlin beckons with its affordable charm, but budgeting is key! The monthly cost of living in Berlin Germany can vary depending on your lifestyle. According to Numbeo and Nomadlist, a single person might spend around $1,085 (excluding rent), with some sources suggesting a wider range of up to $2,498.

The cost of living in Berlin is a lot cheaper compared to other European cities. Rent of course varies depending on if you're sharing and also the location. A 60sqm place with a living room and bedroom in Prenzlauer Berg could be anywhere from 600 - 800 Euros per month (including a bit of the utilities).

Can a foreigner buy an apartment in Berlin? ›

International buyers that are not German residents can obtain finance for up to 50% of the property value. Banks and other lenders may offer loans based on the equity available in another property. Many estate agents will assist buyers in finding suitable financing options and renting out the property, if required.

The Berlin state minimum wage was last raised from 12.50 euros to 13.00 euros in July 2022. According to the social welfare administration, the new increase of 5.3 percent is based on the index of Germany-wide wage increases over the last four quarters (excluding special payments).