Cologne Folding Rule

In the cathedral city, too, rents rose more in 2022 than in previous years.

(Photo: imago images/Future Image)

dusseldorf Rental growth in the 14 largest cities has doubled over the past year compared to previous years. As data from the real estate portal Immowelt on Wednesday shows, in the years 2018 to 2021, the annual growth of tax-free rents for existing apartments in the 14 major cities remained constant at two percent. From the fourth quarter of 2021 to the fourth quarter of 2022, on the other hand, the increase was four percent.

Capital registered the largest increase. Within a year, asking rents in Berlin increased by seven percent to EUR 10.17 per square meter. Also in North Rhine-Westphalia, rents increased significantly in comparison. In Cologne, the increase was five percent to EUR 11.46 per square meter, in Düsseldorf even six percent to EUR 11.54 per square meter.

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