Frankfurt buy & rent – rents rise, purchase prices rise. Should you invest in Frankfurt now or is the next real estate bubble coming? We take a detailed look at the Frankfurt real estate market. For buyers and tenants, from land to new building land, condominiums and single-family homes. After the buyer’s tips we have a lot of information for tenants, for example rents on the Frankfurt housing market but also the latest forecast on the development of private households in Hesse until 2030. For investors not only Frankfurt is interesting, but also the surrounding area, especially because of brexit.
Frankfurt am Main, or just Frankfurt, is a massive economic hub in the west of Germany. It is home to the headquarters of massive banks, as well as Germany’s busiest airport. Although often talked about as a gray and dreary city, this is not the opinion of those living here. Ranking 12th on the list of most liveable cities, the city offers many advantages for its inhabitants. That’s because it’s more than just gray streets and skyscrapers with men in suits. It has a beautiful old town, and throughout the city offers many restaurants, festivals, and the famous frankfurter christmas market. Thanks to its fairly southern location it also has better weather than some of the bigger cities like Hamburg and Berlin.
Buy Or Rent in Mainhattan?
In Frankfurt the rental prices are relatively high. A vacancy rate of around 0.3% means massive demand for rental options. This makes real estate investment a better option compared to rental. No matter if deciding to let or as a primary residence. It is, when deciding between rental and buying, a good idea to compare the prices for these two options. The rent price multiplicator, an indicator of how advantageous it is to buy rather than buy, is around 33, a quite desirable value, yet this does not account for the difficulty which is inherent in finding an apartment, while also neglecting the profitability of buying real estate in such a rising market.
Rent/m²: €12,5-€20,50
Price/m²: €5.000-€13.750
Prices in Germany’s Banking Capital
Frankfurt is Germany’s second richest city, as well as having the second highest rental price in Germany. The vast majority of real estate in Frankfurt, unlike other German cities, is new constructions. The prices for these have also remained steady for the past years. Additionally, renting is not as popular here, likely due to the high average capital on behalf of investors. This is combined with excessive demand thanks to the thriving economy and growth in employment possibilities.
Frankfurt – Where to Live
Deciding where to move means looking at what is popular at the moment. These are the districts with the highest increase in population over the past 5 years.
Kalbach-Riedberg – 65,5%
Gallus & Europaviertel – 38,9%
Altstadt – 22,2%
Bahnhofsviertel – 19,0%
Bornheim – 16,4%
Gutleutviertel – 15,9%
Unterliederbach – 14,2%
Prices to Buy in Frankfurt
Between 2011 and 2016, prices for homes increased by 17.1% in Frankfurt. Average yield on real estate investments is at 7%, higher than in most other cities. Renting in Frankfurt is, as mentioned, difficult and costly thanks to a saturated market. The increases are especially massive for new buildings (€16.72), than for existing (€14.26). The lucrative market is truly in single-family residences. These had an average price of almost €1 mil., which increased by 27.5% in the past 5 years. These are especially prevalent in Praunheim, Bergen-Enkheim, and Kalbach-Riedberg. For the luxury investor, Bockenheim is the go-to, and is considered the best place to live in Frankfurt. We summarize the prices for single and double family residences in very good to less desirable parts of the city
Very Good – €2.100.000-€6.950.000 (increasing)
Good – €575.000-€2.250.000 (increasing)
Mediocre – €375.000-€645.000 (increasing)
Simple – €240.000-€495.000 (steady)
Buy in Frankfurt
First we take a detailed look at current statistics for buyers. Here you will find a lot of information, from the purchase price for a newly built condominium to tips for renting property. We also have the development of purchase prices over the last 10 years. Our facts and figures about Frankfurt am Main, Hessen.
Figures and facts
Highest real estate loans: #2 Frankfurt
Purchase price for luxury real estate
The Frankfurt real estate bubble?
Buying in Frankfurt?
Purchase prices: Development ~10 years
Construction sites on every street corner. Especially since the British Brexit the city centre of Frankfurt is booming.
New properties are constantly being created, from exclusive condominiums to More statistics can be found at
In addition to modern architecture, Frankfurt also has a lot of old buildings and half-timbered houses.
Price index for existing condominiums in Frankfurt am Main (March 2007 = Index 100) – 246.9
Offer price for a condominium in Frankfurt in Main – 5,093 €/m²
Offer price for a freehold flat in Frankfurt Bornheim, Ostend – 5.690 €/m²
Price index for residential buildings in Frankfurt am Main (March 2007 = Index 100) – 244.6
Purchase price for a one or two-family house in Frankfurt am Main – 4.298 €/m²
Property price for a newly built terraced home in Frankfurt am Main – 650 thousand €
Purchase price of a building plot for private homes in Frankfurt am Main – 1,500 €/m²
Stock figures
Number of residential buildings in Frankfurt am Main – 78,454
Number of More statistics can be found at
Number of apartments in Frankfurt am Main – 393.2 thousand
Access to apartments through new construction and conversion in Frankfurt am Main – 4,901
Vacancy rate of apartments in Frankfurt am Main – 0.3%
Living space per inhabitant in Frankfurt Bockenheim – 38.7 m²
Highest real estate loans: #2 Frankfurt
The chart shows a ranking according to highest average mortgage loan in the 20 largest cities in Germany based on a current evaluation of the comparison platform Check24. Loans of 500,000 euros are compared here, for 101 square metres of living space.
Where does a square meter cost the most? Would you have thought that Frankfurt is number 1 among German cities? Where is the world’s high society headed The chart shows the average purchase price per square metre of luxury real estate in selected cities worldwide.
The chart shows the risk of a real estate bubble by index value in selected major cities worldwide. The UBS Global Real Estate Bubble Index places the real estate market in a long-term perspective and aims to track the risk of real estate bubbles in global cities. The index examined 24 major cities. Frankfurt is in the top 5.
Where is it worth buying a property (house, semi-detached house, condominium, etc.)? In comparison, one sees the potential that lies dormant above all in NRW and Hessen. This chart shows the cost advantages of home ownership compared to rents in German metropolitan areas in 2018.
When looking at a possible real estate bubble, it always pays to look back. What were the purchase prices 10 years ago? Here as a reminder the current offer price for a condominium in Frankfurt in Main is enclosed:
2020 – 5.093 Euro / square meter
Cf. 2010 – 2,447 Euro / square meter
Increase of + 108.1%
Here you can see the purchase prices for apartments in Hesse and Rhineland-Palatinate by cities in the first half of 2011, shortly after the turn of the year 2010.
Frankfurt ranks second in the ranking of rents that people are willing to pay, and the chart shows the average rent for an apartment with 3 to 4 rooms (81 to 105 sqm).
Location is everything! Especially for entrepreneurs and companies. In all major cities the rents for commercial properties are rising, only in Berlin the costs for the monthly rent are getting cheaper, and that in the best location. This chart shows the indexed costs for commercial real estate in the largest cities in Germany (Hamburg, Cologne, Frankfurt, Munich and Berlin) in comparison. A joint index takes into account shop rents in prime locations, shop rents in secondary centres, office rents in city centres and the prices for commercial properties.
Where are office rents currently highest? Frankfurt is again in first place with currently 45.50 euros / m² on average for office rents. Here you can see the top rents for office space in German cities.
Finding the perfect office – How does Frankfurt compare to other German cities? How many free spaces and practices are there in relation to Cologne, Düsseldorf, Hamburg, Munich & Co. This chart shows the proportion of vacant office space as a proportion of total office space in selected German cities in 2018.
How is Frankfurt developing as a city and in Hessen as a federal state? Here you can see the number of private households in Germany by federal state in 2018 and forecast for 2030 (in 1,000). This is an optimal situation for landlords as the demand for living space increases.
New construction: Where are new apartments being built? Number of newly constructed residential buildings in Germany by federal state in 2017 and 2018 (in 1,000).
More statistics can be found at Statista
More statistics can be found at Statista
More statistics can be found at Statista
More statistics can be found at Statista
More statistics can be found at Statista
More statistics can be found at Statista
More statistics can be found at Statista
More statistics can be found at Statista
More statistics can be found at Statista
