Average Rent in Frankfurt: What the 2024 Mietspiegel Shows

Frankfurt am Main ranks alongside Munich and Hamburg among Germany's most expensive housing markets. The official Mietspiegel provides the most reliable figure for that, far more precise than individual listing prices.

The Frankfurt Mietspiegel 2024 at a glance

The current Mietspiegel for the city of Frankfurt am Main puts the average net cold rent at 17.98 euros per square metre. It's valid from 1 June 2024 to 31 May 2026, and it's the legal basis both for rent increases in existing contracts and for the rent brake (Mietpreisbremse) on new lettings in the city.

The price range by location

The average figure hides a substantial spread within the city: in basic locations, net cold rent averages 14.62 euros per square metre, while in especially sought-after locations it reaches 22.22 euros. That's a difference of more than 50 percent between the cheapest and most expensive category, notably wider than the spread Berlin's Mietspiegel shows between its own location categories.

What this means for different apartment sizes

Based on the Mietspiegel range, cold rent works out to roughly:

1-room apartment (35 sqm): around €512 (basic location) to €778 (sought-after location)
2-room apartment (60 sqm): around €877 to €1,333
3-room apartment (85 sqm): around €1,243 to €1,889

On top of that comes the monthly additional-costs advance payment, which according to the German Tenants' Association's operating-cost index averages 2.28 euros per square metre nationwide, with a ceiling of 2.87 euros when every chargeable cost category is fully passed through.

Why Frankfurt is so expensive

As a banking city with a high density of international jobs, Frankfurt continuously attracts new residents, while buildable land within the city is limited. That drives prices in central, well-connected locations like Westend, Nordend, or Sachsenhausen well above the city average. For where you might still find more affordable options within the city, see our guide to Frankfurt's more affordable neighbourhoods.