Rents in Leipzig are currently experiencing a historic rise. Never before have rents increased as rapidly as in recent years. The reasons for this development include the growing attractiveness of the city, the decline in new construction activity and the influx of new residents who are outstripping the supply of available apartments. Rental prices are continuing to rise, particularly in sought-after districts, which is putting a heavy strain on both tenants and those looking for accommodation.
This drastic price increase means that many Leipzig residents are faced with higher housing costs. For tenants and landlords, the upcoming rent index will play an important role in providing better guidance on rental price trends and creating a basis for fair tenancies.