Development of the shared flat market in Leipzig - a report by Schwarzat Capital GmbH

The housing market in Leipzig has developed dynamically in recent years, and shared flats (WGs) in particular are playing an increasingly important role. Leipzig is not only known for its cultural diversity and economic attractiveness, but also for its large student population in search of affordable housing. These factors have had a strong influence on the city's shared flat rental market and have a significant impact on Leipzig's housing market. Schwarzat Capital GmbH also rents out some properties as student flatshares and reports on the flatshare market

Development of the shared flat market in Leipzig

The demand for rooms in shared flats has risen sharply in recent years, primarily due to population growth and the growing number of students. With a population of over 600,000, Leipzig is one of the fastest growing cities in Germany, and many young people are moving here because of the wide range of educational opportunities, good quality of life and comparatively low cost of living.

Leipzig's higher education facilities, in particular Leipzig University and Leipzig University of Applied Sciences (HTWK), attract thousands of new students every year. Many of them are looking for affordable accommodation and opt for a room in a shared flat, as single apartments are often more expensive and harder to find.

Price situation on the shared flat market

Although Leipzig is still considered relatively cheap compared to other major German cities such as Munich or Berlin, rents have also risen here in recent years. Especially in popular districts such as Plagwitz, Connewitz and Südvorstadt, rents for rooms in shared flats have risen noticeably.

An average room in a shared flat currently costs around 350 to 450 euros warm, depending on location, furnishings and size. In central and trendy districts, however, the price can easily rise to 500 euros or more. "In recent years, we have noticed that even rooms in existing shared flats are becoming more and more expensive," reports Schwarzat. The supply of affordable rooms in shared flats is decreasing, while demand is steadily increasing, leading to a certain amount of competition among prospective tenants.

Popular districts for shared flats

A large part of the shared flat market is concentrated in the southern districts of Leipzig, particularly Südvorstadt, Connewitz and Plagwitz. These districts are particularly popular with students and young professionals, as they offer a good mix of urban life, cultural offerings and green retreats. There are also many bars, cafés and alternative cultural projects in these districts that appeal to the young target group in particular.

According to Schwarzat, the west of Leipzig in particular, especially Lindenau and neighboring Leutzsch, has also been on the rise in recent years. Rents here are still somewhat lower than in the aforementioned districts, which makes it attractive for young people looking for a compromise between proximity to the city center and affordable living space.

Challenges and opportunities

One of the biggest challenges on the shared flat market in Leipzig is the limited supply of living space. Although new housing projects are constantly emerging, supply is often scarce, especially in the mid-price segment. In addition, many students and young people are confronted with the problem that landlords are increasingly interested in long-term tenancies with financially secure tenants, which makes opportunities for students more difficult.

Nevertheless, Leipzig's shared flat market also offers opportunities. If you are flexible and willing to move to less central locations, you can still find a room comparatively cheaply. Neighborhoods such as Reudnitz or Volkmarsdorf, which used to be less of a focus, are becoming increasingly popular and offer potential flat-sharing residents an attractive alternative.

Conclusion

The shared flat rental market in Leipzig is characterized by growing demand and rising prices. The city still offers good opportunities, particularly for students and young people looking for affordable accommodation, especially in up-and-coming districts away from the city center. It will be interesting to see how the market develops in the coming years, particularly in light of the continuing influx of people into the city. Leipzig remains an attractive location for shared apartments, even if the days of particularly low rents are slowly coming to an end.

About the author: Sven Schwarzat is Managing Director of Schwarzat Capital GmbH, based in Lützen. With this GmbH and also privately, he holds numerous properties in his portfolio, carries out construction projects and rents out his apartments. His focus is in and around Leipzig. His expertise and experience make him a reliable advisor for general questions on real estate and specifically on the Leipzig real estate market.

For further information, please contact (also responsible for this press release):

Schwarzat Capital GmbH
Mr. Sven Schwarzat
Ernst-Thälmann-Straße 18
06686 Lützen
Germany

phone ..: 034444909876
web ..: http://www.schwarzat-capital.de
email : info@schwarzat-capital.de

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Schwarzat Capital GmbH
Ernst-Thälmann-Straße 18
06686 Lützen
Germany

https://schwarzat-capital.de

Herr Sven Schwarzat
034444909876

info@schwarzat-capital.de

About the author: Sven Schwarzat is Managing Director of Schwarzat Capital GmbH, based in Lützen. With this GmbH and also privately, he holds numerous properties in his portfolio, carries out construction projects and rents out his apartments. His focus is in and around Leipzig. His expertise and experience make him a reliable advisor for general questions on real estate and specifically on the Leipzig real estate market.

This release was published on openPR.