Where Students in Germany Can Still Afford to Live - Chemnitz Tops Affordable Student Living, Munich Remains Most Expensive
Chemnitz has emerged as the most affordable city for students to live in, with Munich remaining the most expensive. A new study reveals that students are now willing to travel further to their universities due to high rents and intense competition for accommodation.
Chemnitz offers the cheapest student apartments, with rents averaging around 296 euros per month for a 30 sqm unit. In contrast, Munich's rents are over three times higher, at 837 euros per month. Frankfurt am Main follows Munich, with an average rent of 734 euros per month.
The high costs and competition have led students to commute longer distances. Sixteen percent of students now spend an hour or more traveling to their universities. Cities like Hamburg, Heidelberg, Münster, and Regensburg face particularly strong competition for apartments, making it challenging for students to find affordable accommodation nearby.
Rents have been increasing significantly across Germany. On average, they have risen by more than four percent. In eastern cities like Leipzig, rents have even risen by nearly seven percent in the past three years. Shared rooms in cities such as Hamburg, Münster, Cologne, Heidelberg, and Stuttgart cost between 600 and 700 euros.
Despite the challenges, two-thirds of German students are financially overburdened by rent. The number of students in some cities, like Chemnitz, Göttingen, Darmstadt, Karlsruhe, and Oldenburg, has decreased by about two percent, potentially due to the affordability crisis.
While Chemnitz offers a beacon of affordability, Munich and Frankfurt am Main remain prohibitively expensive for students. Longer commutes and intense competition for accommodation highlight the pressing need for more affordable student housing across Germany.
Read also:
- Overcoming Yielding Regulations Hurdles in Indian Export Sector for EU Markets
- Palisades Fire Threatens UCLA Neighborhoods, Resident Proposes Rezoning
- Maximizing Business Agility and Efficiency through Hybrid Cloud: Unveiling the Advantages
- Shaping production and consumption tendencies via cosmetic certification
