Welcome to FrankfurtRheinMain! If you are looking for an accommodation or need information about the housing market – this section will give you the important answers.
What you need to know about the German housing market
A helpful tool to compare current leases is a table called the Mietspiegel. It is published for each city or city district and shows the average of current rents. The Mietspiegel can be found online, e.g. https://www.immowelt.de/immobilienpreise/deutschland/mietspiegel.
Even if you are quite familiar with the German language, it might be difficult to understand the typical German rental expressions. Below you find a glossary with key words and abbreviations, which are commonly used on the German housing market, especially when you search online or through newspaper ads.
As already mentioned, finding an apartment by yourself online or in a newspaper might be one possibility, another option is to get advice from a real estate agent (Makler/Immobilienmakler) which is much more timesaving, but also the most expensive way. Estate agents charge a commission (Makler-Courtage/Provision) determined by the purchase price or the rent. In terms of renting, the commission is about two months of base rent (Kaltmiete, excluding extra charges like for heating, electricity, gas, water, waste disposal) plus value added tax and will be charged if a leasing contract will be signed. Never pay a fee before the lease has been signed – not even a handling fee.
Finding an accommodation online:
Rent an Office in FrankfurtRheinMain
Should you be looking for a suitable location for your business expansion within FrankfurtRheinMain region, then take a look at our overview on the various types of locations the greater Frankfurt area can offer.