Rental Price Check: Value for Chemnitz Students
As winter semester is starting, an internet real estate portal in German university towns has compared rental prices for student apartments – Chemnitz is nearly four times cheaper than Munich
Just in time for the start of the new semester, the internet real estate portal immowelt.de has published a comparison of monthly rental prices for student apartments in German university towns. The result: students live very cheaply in Chemnitz. A small apartment with a living space of less than 40 square meters costs 180 euros in Chemnitz, a decrease of ten euros since last year. No other university town in this study had more favourable results than Chemnitz. On the opposite end of the spectrum lies Munich, where a comparable apartment costs roughly 690 euros. Following Munich in the study is Frankfurt am Main at about 540 euros and Stuttgart at 500 euros per month. Just the choice of university alone can therefore drive up student costs significantly. In general, the drastic regional differences in rental prices show that generally, studying in eastern Germany is much cheaper than in other parts of Germany. It is worthwhile to compare your options.
For the comparison, the rental prices of 68 selected German university towns were examined. A total of 80,500 apartments with up to 40 square meters of living space and either one or two rooms were used in the comparison. The rents reflect the median of the “Kaltmiete” rent – that is, without including utility costs – which were advertised on immowelt.de between July 2018 and July 2019.
(Mario Steineback / Translation: Jeffrey Karnitz)