Many rentals in Munich come unfurnished, which, in Germany, means being completely empty: you won’t find even a kitchen or appliances. Sometimes, there are also partially furnished apartments with a kitchen and some basic fixtures. Luckily for newcomers to the city, it’s also possible to find furnished rental apartments in Munich, but it will be pricier and require more effort. But, Rentberry makes it possible to find any rental you might need, even in places like this! Rent in Munich can be expensive, but the city offers a wide range of housing options, such as traditional Bavarian apartments, modern high-rise buildings, and rentals in Gothic brick buildings. And when it comes to neighborhoods for newcomers, take a closer look at Haidhausen, Westend, and Maxvorstadt, which offer a mix of urban amenities and a laid-back atmosphere.
Munich, the capital of the German state of Bavaria, is a vibrant city with a rich cultural heritage, world-class museums, and stunning architecture. Munich has a well-developed public transportation system, making it easy to get around the city. The city center is compact and walkable, with many shops, cafes, and restaurants. It is a popular destination for many expats seeking a high quality of life in Europe, as it offers the best of both worlds. On the one hand, it is a quintessential Bavarian city where you can find the most traditional German experiences. However, Munich also boasts a very international crowd, excellent job opportunities, and every perk you might expect from a large city. Unfortunately for Munich’s locals, the cost of living in the city is actually the highest in the country. So make sure to double-check if living and renting in Munich is in your price range before the move!
As we mentioned before, Munich has everything you might want from a larger city: excellent museums, theaters, plenty of festivals, and other fun activities. The city is home to some of the best orchestras and opera houses in the world, including the Bavarian State Opera and the Munich Philharmonic. To see some amazing plays, head to the National Theatre, the Residence Theatre, or the Gärtnerplatztheater, which offer a diverse range of productions throughout the year. And, of course, we couldn’t forget about festivals celebrating Bavarian culture! Every autumn, Munich hosts a large folk festival — Oktoberfest. It’s the largest beer festival in the world and is a must-see for anyone visiting the city. The festival celebrates Bavarian culture, with plenty of beer, food, and music to enjoy.
The area that is now Munich has been inhabited since prehistoric times, with the Celts being the first known inhabitants. The city was founded in 1158 by Henry the Lion, Duke of Saxony and Bavaria, and has been the capital of the Kingdom of Bavaria since 1806. Just like many other European cities, Munich has seen its fair share of wars and conflicts, including the Thirty Years' War and World War II. Its rich history can be explored through many museums and landmarks, including the Marienplatz, the Residenz Palace, and the Nymphenburg Palace. And, of course, to learn more about the life of Munich centuries ago, head straight to Altstadt, the city’s architectural gem — a gorgeous old town.
Munich is known for its beautiful parks and outdoor spaces, offering a welcome escape from the hustle and bustle of the city. In fact, it’s one of the greenest cities in Germany! Munich is home to numerous parks and green spaces, including the famous Englischer Garten, one of the world's largest urban parks, comparable to Central Park in NYC and Hyde Park in London. The park features walking and cycling paths, beer gardens, a few restaurants, and even a surfing spot. In addition to parks, Munich also has many beautiful gardens, such as the Botanical Garden and the Nymphenburg Palace Gardens, which offer a tranquil retreat for nature lovers. And, if you’re in the mood for a day trip, you can explore many lakes nearby the city, such as the Starnberger See and Ammersee, which offer opportunities for swimming, boating, and hiking.
|May||vs Last Month|
|4+ bed apartments||€1,590||-41.3%|
Over the May 2023, the average rent for an apartment in/near Munich, Germany decreased by 53.9% to €1,877.
Compared to the last month, the average price for a rental studio in Munich, Germany has increased by 81.7%. You can expect to rent the studio for €5,310 on average this month. Breaking it down in details, we now see that the average price for 1-bed apartment decreased by 56% to €1,603. Pricing for 2-bed apartment also decreased by 67.1% and a place of this size will now cost you €2,309. 3-bed apartment rent pricing starts at €1,903, it decreased by 71.9% lately. We tend to note the rise of 4- and more bed apartment pricing. It decreased by 41.3% and made it down to €1,590.
Rent Type Price
|May||vs Last Month|
|Condos for rent||€10,020||+38.9%|
|Apartments for rent||€1,939||-53.5%|
|Townhouses for rent||€2,728||+2.5%|
|Rooms for rent||€1,088||+3.6%|
|Houses for rent||€3,143||-62.7%|
The median rent for an apartment in Munich, Germany decreased by 53.5% to €1,939. Statistics show that house rent price decreased by 62.7% this month making it up to €3,143. Condos faced an upward trend these days. The median rent for a condo increased by 38.9%, it’s now available for €10,020. An average room will now go for €1,088, the median rent price for a room increased by 3.6%. The median rent for a townhouse increased by 2.5%, you’ll have to spend around €2,728 to get one.
One of the 25 municipalities of the city, Old Town or Altstadt as it’s called in German, might be one of the first areas you think about when considering moving and living in Munich. Altstadt is the heart of Munich, with its winding streets, charming buildings, and vibrant atmosphere. Renting in Munich’s Old Town, you will be within walking distance of many of Munich's top attractions, including the famous Marienplatz and the Hofbrauhaus beer hall, built in the 16th century. What’s more, here you can find the Viktualienmarkt, a charming food market with everything you might need for grocery shopping. Old Town is very liveable and has easy access to public transportation, making it convenient to explore other parts of the city. If you have your mind set on renting a place in Altstadt, be aware that you won’t be able to find any newly-built properties in this area. And, of course, prepare to live in the most touristy area of Munich!
This lively neighborhood is located in the heart of Munich, Germany, and will be a perfect choice for students or young professionals working nearby. Being home to several prestigious universities and many museums and art galleries, Maxvorstadt is both a university and an artsy district of the city. There are many benefits to renting in Maxvorstadt. First of all, as a student area, it has many cheaper dining options, it’s vibrant and lively, and it has excellent infrastructure. Also, you can still find affordable rentals here if you’re lucky enough. When it comes to housing inventory, in Maxvorstadt, you can find many rentals located in 19th-century buildings, some art nouveau buildings as well as a few modern residential buildings and townhouses.
Pasing-Obermenzing is a beautiful and peaceful district located in the western part of Munich. This area would be ideal for those who are looking for a quiet and family-friendly place to live in. The district is well-connected to the rest of Munich, with several public transportation options such as S-Bahn, U-Bahn, and bus services. Additionally, Pasing-Obermenzing is known for its lush greenery, parks, and scenic views, making it an excellent option for nature lovers. Keep in mind that prices for rentals in Pasing-Obermenzing are on the higher end, but you will not be disappointed if you’re looking for a serene place to live in Munich!
Schwabing-West is a highly sought-after area in Munich, Germany, making it a popular (although pricey) location for renters. This neighborhood once was a bohemian heart of the city, and many painters, writers, and other artists were its residents. Some examples include Thomas Mann, Paul Klee, and Wassily Kandinsky. A few decades ago, this borough started rapid gentrification, and now it’s more of a high-end area with many great restaurants, fancy bars, and boutiques. What to expect looking for a rental in Schwabing-West? First of all, make sure that budget is not a problem. Also, with a high demand for rental properties in the area, it's essential to move quickly to secure your dream home.