(27) Homes for sale in Frankfurt (2024)

FAQs

What is the average price of a house in Frankfurt Germany? ›

Single- and two-family homes in these districts of Frankfurt range in price from 600,000 euros to 1.4 million euros. In the case of condominiums, the price range of 3,750 euros to 6,200 euros per square metre is expected to increase further.

Westend is one of Frankfurt's wealthiest neighbourhoods and, as such, is a popular residential district for financial executives and attracts families wishing to live near the city centre. The neighbourhood is divided into two districts, Westend-Nord and Westend-Süd, although collectively they're considered Westend.

Frankfurt, in general, is a safe city. Popular residential areas known for their safety include Westend, Sachsenhausen, and Nordend. These neighborhoods have low crime rates and are considered family-friendly.

3. It's not the cheapest city in Europe. Frankfurt is the second most expensive city in Germany (after Munich), mainly because of its renown as a banking city.

How much salary is enough to live in Frankfurt? A monthly salary of around €3,000 to €4,000 (before taxes) is typically enough to live comfortably in Frankfurt, covering rent, utilities, and personal expenses.

Renowned for its stable economy, strong legal system, and commitment to quality living, buying property in Germany as a foreigner is a secure and reliable investment, and you can benefit from rising house prices.

Bahnhofsviertel: Frankfurt's well-known district, recognized for its vibrant nightlife, is the bustling red-light district. It's primarily associated with activities like prostitution and incidents such as drug dealing.

Sachsenhausen is a highly sought-after area for expats, especially those interested in the arts. This is a well-populated area of Frankfurt, with loads of activities on offer to keep the residents of this neighbourhood entertained, including great flea markets and some of Germany's best museums.

Automotive, technology and research, services, consulting, media and creative industries complement the economic base. Frankfurt's DE-CIX is the world's largest internet exchange point.

Which city has best quality of life in Germany? ›

Finally, Frankfurt's central location in Europe makes it an excellent base for travel. Cons include a high cost of living, particularly in terms of housing and the very competitive rental market.

Cost of living in Germany vs the USA

If you're a US citizen moving to Germany, you'll be pleased to know that the cost of living in Germany is about 21% cheaper than in the USA. This is because the costs of food, rent, utilities and education are significantly lower in Germany than in the USA.

Although in Frankfurt the main language spoken is German, many of the locals speak fluent English.

Depending on your lifestyle, Frankfurt can be expensive to live in. A single person renting a studio should budget around €2,184 monthly for living expenses in Frankfurt. Families will have a higher cost of living in Frankfurt of €3,478 on average as they need to rent an apartment and consider expenses like daycare.

The average price of detached and duplex houses in the biggest cities in Germany varied between approximately 5,000 euros and 10,000 euros per square meter in the second quarter of 2023. Housing was most expensive in Munich, where the square meter price of houses amounted to 9,931 euros.

Rents average around €1.050 - €1.550 for a furnished one-room apartment due to the abundance of high-quality accommodation.

Renting an apartment in Germany

According to recent figures from Numbeo, you can expect to pay the following per month on rent: €941 for a 1-bedroom, city-centre apartment. €700 for a 1-bedroom apartment outside of the city centre. €450 for a room in a shared flat.