München (city) property prices and rental yields

Area of Bayern, Germany

Home prices in München (city) rose 4.6% a year on average from 2016 to 2025, the 50th fastest of 96 areas in Bayern. Renting out on 12-month lets earned a gross yield of 2.6% of the price a year, falling from 3.1% in 2016 to 2.6% in 2025 as prices outpaced rents. A square metre cost €8,900 in 2025 (114% above the Bayern level of €4,150).

Updated 2026-10-28 · Data 2015–2026 so far

Price growth
+4.6%
a year, 2016–2025
Rental yield
2.6%
12-month lets, gross, 2016–2025 average
Price per m²
€8,900
2025
Price growth in 2026 so far
−1.2%
on the same months of 2025

Price growth by year

% change on the year before

201520162017201820192020202120222023202420252026

How München (city) compares

München (city)
Price growth+4.6%
Rental yield2.6%
Price per m²€8,900
Bayern
Price growth+4.7%
Rental yield3.2%
Price per m²€4,150

Questions

What is the average property price per m² in München (city)?

€8,900 per m² in 2025, from Kiel Institute for the World Economy (IfW), ECONtribute and local valuation committees (Gutachterausschüsse).

How much have property prices risen in München (city)?

+4.6% a year on average from 2016 to 2025, and −1.2% in 2026 so far.

What rental yield can you get in München (city)?

2.6% of the price a year on average for 12-month lets in 2016–2025, and 2.6% in 2025. These are gross figures, before costs, fees, empty months and tax.

Sources

How it's calculated →

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