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New rent index: Erfurt's rental prices are skyrocketing!
Erfurt is introducing a new rent index for 2025, including higher rents. In addition, renovations and police operations in the region.
New rent index: Erfurt's rental prices are skyrocketing!
A lot is happening in the Erfurt rental market: A new rent index that came into force on Tuesday shows that rental prices in the Thuringian state capital will rise significantly. The current rent index recommends price ranges of 10 to 14 euros per square meter for newly built, large apartments between 130 and 180 m². In comparison, the rental prices in the 2018 rent index were an average of 6.50 to 11 euros per square meter. This development is equally important for tenants and landlords because the rent index provides valuable information about local comparative rents and is based on factors such as furnishings, size and location of the apartments. The real estate market in Erfurt remains exciting and one wonders how this affects the quality of life in the city. MDR reports.
A look at the specific figures shows that the current average rental price in Erfurt is 9.43 euros per m². While smaller 1-room apartments are still within reasonable limits at around 9.30 euros/m², the prices for larger apartments are rising: for apartments of 100 m² or more, a rental price of around 10.49 euros/m² is due. Interestingly, new construction is not included in this calculation, which highlights the price trends even more clearly. Rental table.de provides detailed information here that could be useful to anyone dealing with the market.
Price development in comparison
Due to the sharp rise in rents, the question arises for many: Where can you still find affordable housing in Erfurt? The rent index not only offers valuable guidance for landlords, but also for tenants who need an overview of the expected costs. Since the current rent index is valid until the end of June 2027, those interested can prepare for medium-term planning.