The willingness to pay higher rents has reached its limits in the central districts of Berlin, e.g. in Mitte the average rent is above 10 €/m² (net rent per month).
This has an effect on areas in North Moabit, Wedding and Lichtenberg, but also on peripheral city areas such as Spandau and Marzahn-Hellersdorf, where the percentage rent increase is far above average. The district of Lichtenberg recorded a 12.2 per cent rent increase in 2014, with a current average asking rent of € 7.98 per square metre.
Detailed data down to post code areas is shown in the Housing Market Report Berlin 2015 which is available on our website. Just follow the link above to get your free copy of the report.
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