Apartments, Rooms & Flatshares in Munich
With Munich as home to several major corporations, international authorities and national universities, it’s no wonder that apartments for rent in Munich are always in high demand. A top-ranked destination for long-term stays and expatriate re-location, the buoyant rental market features flats for rent in every major district. Working professionals and long-term globetrotters alike use Nestpick to find rooms for rent in Munich neighbourhoods. With the widest selection of properties, Nestpick can help you find the best bargains on rooms, flats and apartments for rent in Munich.
Furnished and Serviced Apartments in Munich
The centre of Munich is a hotspot for furnished apartments and other types of accommodation aimed at busy and travelling professionals. Furnished apartments in Munich provide you with all the convenience and the amenities that you need on location, so you don’t have to go out of your way to find places to eat or to do your laundry, for example. Some even have more luxury facilities like on-site gyms and steam rooms.
Furnished Accommodation Types in Munich
Rooms & Flatshares for Rent in Munich
Students and young expats often look at renting a room when they move to a new city, rather than renting an entire apartment or house. This helps you save a huge amount on accommodation costs over time. Even though you have less room to yourself than you would with your own apartment, you still have your own private space plus plenty of shared areas. Most flatshares have a shared kitchen and living space, and some will have a shared bathroom while others may include a private en suite bathroom.
The prices to rent a room in Munich will vary greatly, but you can expect to see monthly costs of between €450 and €800, which will generally include bills in the rent. Sharing with locals or other students/expats is a great way to get to know other people and the area you’re living in.
Munich Apartments for Rent by District
Munich has a reputation for being one of the most expensive cities in Europe for rent, and this can certainly be unnerving if you’re unsure where to look. Whilst areas like Bogenhausen, Haidhausen, Milbertshofen am Hart , Neuhausen Nymphenburg and Schwabing are all extremely desirable for international expats and students, rents can also be high. The residents of these neighbourhoods are largely consisted of high-income earners.
However, there’s no need to be disheartened, as it’s still possible to enjoy living in this majestic city without paying extortionate prices. To save you some time and trouble, we’ve picked a mix of areas which offer both more pricey and affordable apartments, without compromising in character.
Schwabing-West Apartments for Rent
Home to the famed Englischer Garten (the “English Garden”), a 910 acre public urban park, Schwabing West is Munich’s most exclusive neighbourhood. Chic and bohemia, Schwabing-West takes living in Munich to the next level. Apartments for long term rent here are surrounded by a mix of upscale beer gardens such as the Aumeister and the Seehaus, where you can linger over a beer or town and enjoy local Bavarian cuisine on the banks of a lake. Because of its artistic flavour, Schwabing-West is still very popular amongst students and tourists who enjoy trickling down from the universities to debate over drinks. In fact, student accommodation in Munich is especially popular in the north of Schwabing as its housing area is nicknamed "Studentenstadt" or "student city”.
This district in Munich houses the main headquarters of two of the largest universities, Ludwigs-Maximilians-Universität and the Technical University of Munich. Located just north of the city centre, quite a few of its properties still feature 19th century classical details in its architecture. It is also the intellectual hub of Munich, because of the concentration of national artistic and educational institutions (libraries and museums) and a high influx of students during the academic year.
Ludwigsvorstadt is a vibrant residential area with a multitude of international diners, casinos, and the Munich Central Station (Hauptbahnhof). If you’re looking at apartments for rent in Munich, this is a good choice, as even in a city whose population is at least a third international in origin, this neighbourhood stands out, hosting residents from over 150 countries. Ludwigsvorstadt Isarvorstadt have numbers of streets with a distinctly Middle Eastern feel, and in Schwanthalerstraße, residents love to frequent Verdi, a major Turkish supermarket. Theresienwiese, the site of the annual Oktoberfest, the world’s largest beer festival, is also located in Ludwigsvorstadt. For those who like to explore, the district is bounded on the eastern edge by the Isar River, where there are paved and flat paths for biking and walking along its bank.
Au-Haidhausen is trendy area that’s a hit with the younger crowds. The buildings here have rural character even though it’s close to city centre, and local pub culture is huge - Weisenburger Platz and Pariser Platz are some of the liveliest hotspots in Munich. If you enjoy an active lifestyle and decide to rent an apartment in Au-Haidhausen has lots of green spaces as well as fabulous jogging, cycling and strolling routes along the Isar river. Whilst affordable apartments are available here, don’t pin all your hopes on this area as the market is highly competitive.
The traditionally working-class district of Giesing is a fantastic option for those looking to move to Munich on something of a budget. This cosmopolitan neighbourhood is home to several immigrant communities, giving the place a vibrant, colourful character and making it easy to integrate as an expat. Although there’s not much in the way of nightlife, Giesing contains plenty of good restaurants and bars, and transport connections in the area are good. Properties here are generally affordable and more spacious than apartments closer to the city, and the neighbourhood is only 20 minutes from the city centre on public transport.
This area is a very tranquil and relaxing place to live in, and is often preferred by expat families looking for a mid to long-term place to settle in Munich. Thalkirchen abounds with verdant green spaces and is home to several beautiful parks that are ideal for cycling, hiking and picnics. Despite being primarily residential, the area also contains some fantastic beer gardens and restaurants for those well-deserved nights out. Rent is quite affordable and buildings tend to offer more living space than inner city areas.
This leafy suburban area about is 40 minutes away from Munich’s centre, quieter surroundings, main square with shops and restaurants, large student population, generally affordable, spacious and some come with gardens. Pasing is a family-friendly area with lots of schools, meaning it’s a very safe neighbourhood.
Munich City Centre (Innenstadt) Apartments for Rent
Munich’s city centre is well-laid out, spacious and well-planned, so it is no surprise that furnished apartments for rent here are highly sought after by expats and working professionals. Properties often accept long term renters as well as short term guests and are usually self-contained units and suites. If you’re looking within this district, make sure to find a flat for rent with a good view - the city comes alive in the evening, with lots of traditional cafes, restaurants, international luxury shops and an arts cinema featuring original films. Innenstadt is also home to Munich’s newest shopping centre, the ‘Fünf Höfe’, also called Five Courts. Everything is easily accessible on foot. If shopping centres don’t pique your interest and you prefer smaller, one-off shops, be sure to visit ‘Arkaden’, an roofed alley dedicated to boutique retailers.
Average Prices for Furnished Apartments in Munich
Munich is the most expensive city in Germany to rent in, and the average cost of housing is a staggering 42 per cent greater than in the capital Berlin. The average price of 85 square meter furnished apartment in an expensive area of Munich, for example, is €1,814 - a similar rate to that of Amsterdam. The reason rents are so high in Munich is due to the city’s high wages, the high number of major companies in the city and a hugely successful tourism industry, all of which combine to put immense pressure on the real estate market. Compared to northern European cities like Reykjavik, London and Oslo, however, Munich seems relatively cheap.
1, 2 & 3 Bedroom Apartments in Munich
For a 1-bedroom apartment in Munich, you should expect to pay between €720 and €1,300 in the city centre, and between €600 and €1,000 in the suburbs. Rents in Munich are usually calculated by apartment size, with an average rate of €17.50 per square meter per month. Be sure to consider this when booking your furnished Munich apartment with Nestpick, as well as whether an apartment is located near to desirable features such as shops, U-Bahn stations and green spaces.
The average monthly rent cost for a 2-bedroom apartment in Munich is €1,800 in an expensive area and €1,400 in a cheaper neighbourhood. Whilst these figures are higher than cities like Berlin, it’s still possible to find 2-bedroom apartments for under €1,000 in the suburban districts of the city, with some as cheap as €600 in areas such as Giesing, Laim and Moosach.
A 3-bedroom apartment for rent in Munich will cost between €1,400 and €2,500 in the more expensive central area, and between €1,000 and €1,800 in the cheaper suburbs. Prices vary depending on an apartment’s location, quality and size, so make sure you consider all the variables when searching for a 3-bedroom apartment in Munich.
|Are rent prices in Munich expensive?|
|Munich is the most expensive city to rent in Germany. Varying upon neighborhoods, the average price for a studio/one room apartment is around €1000, and for more than 2 rooms you can expect a cost for more than €1500.|
|Which are the best neighborhoods to live in Munich?|
|Altstadt is considered as the centralist neighborhood with lots of historical buildings and it also has the highest rents. Expats tend to rent in other neighborhoods such as Neuhausen, Maxvorstadt, Schwabing, and Berg am Laim.|
|How much does a furnished apartment in Munich cost?|
|The cost for a furnished apartment in Munich can start from around €1000 depending on the size and the location. It usually costs €100-€500 more than unfurnished ones, since the monthly rent includes all bills and you don’t need to buy any furniture.|
|How to find cheap apartments for rent in Munich?|
|Generally, rents in Munich are expensive, however, the best way to find cheap properties could be through word of mouth from friends and joining local groups. Another option is to live in a WG (Wohngemeinschaft), which means you share the apartment with others.|
|What documents do I need for renting an apartment in Munich?|
|Normally for a long term rental contract in Munich you need to show your ID/passport, your last payslips, Mietschuldenfreiheitsbescheinigung (if you have rented in Germany before), and your Schufa document (credit check). Documents for renting furnished apartments or short term could be simplified.|