Last Update: 13.09.2021

Berlin Properties Neukölln 2021

Neukölln is a job engine, scene hotspot and future lab. All in one. With around 22,000 entrepreneurs, 5,500 companies and 60,000 jobs, the district is a Berlin heavyweight. And a new generation of entrepreneurs and thinkers is transforming neighborhoods and people. Change is visible everywhere. Neukölln rocks.

Multi-ethnic hip mix

Neukölln's enormous potential cannot be described without mentioning the challenges that the district faces. In no other Berlin district do so many ethnic groups come together so closely; nowhere else in Berlin there is such a cultural diversity. However, what has long been interpreted as a weakness of Neukölln is increasingly turning out to be strength. The population' s diversity is also expressed in a high level of acceptance for change. The mega-district Neukölln is about to establish itself as a young, impulse-giving and powerful engine in Berlin. In Neukölln you can't watch - you have to keep up. Developments are rapid and not gradual. And unlike before, no new parallel societies are developing, but a young, hungry business culture, from which the established population of Neukölln does not want to be protected, but to profit. Many people recognize the signs and understand that it is not about displacement, but about change. Investors plan coworking spaces and build the necessary apartments for people moving in. Orphaned parking garages are turned into offices, and game halls into functioning retail, catering, office or service structures. The vision for Neukölln is not a protected milieu, but a cosmopolitan, dynamic, real participating community.

Existing buildings

Median Asking price
4,480 EUR/m²
+1.70 %
Median Asking rent
11.45 EUR/m²
+24.40 %

New buildings

Median Asking price
7,250 EUR/m²
-5.80 %
Median Asking rent
23.00 EUR/m²
+28.20 %


The north of Neukölln is characterised by a well-preserved old building stock from the Wilhelminian period, partly mixed with blocks of flats from the 1930s. South of the circular railway (Ringbahn), single-family house areas, suburban housing developments and large housing estates with many high-rise buildings dominate. The area Karl-Marx-Straße/Sonnenallee is a redevelopment area (Sanierungsgebiet). The quarter is the cultural and social centre for more than 25,000 inhabitants from over 160 nations. It is also the administrative heart of Neukölln. Neu-Britz also has a redevelopment area between Delbrückstraße and Jahnstraße, which will undergo a transformation process with the extension of the city motorway (A 100). In Britz there is both a metropolitan development and further south a more suburban architecture. The 1907 settlement between Pintschallee, Rungius-, Hannemann- and Franz-Körner-Straße is regarded as an urban ideal, as is Hufeneisensiedlung (UNESCO World Heritage Site), which was built in the 1920s according to plans by Bruno Traut and Martin Wagner. Rudow and Buckow are settlements with single-family and multi-family houses and apartment buildings with numerous green areas.

Property prices Neukölln

The scale of the property market and the many different typologies of real estate in Neukölln requires a differentiated view by location and type. The quantitatively largest supply market is in the northern part of Neukölln, surrounded by the Tempelhofer Feld (former airport Tempelhof) in the west, the Hermannplatz and the Landwehrkanal in the east. About 1,070 apartments were offered in this area during the 12-month period, at an average offer price of 5,040 EUR/m².

At 7,250 EUR/m², which are currently asked as an average squaremeter price for new apartments in Neukölln, prospective buyers challenge the quality of microlocations and construction. The prices for new apartments in Neukölln are also increasingly being measured at alternative locations such as Wedding or Moabit. 

Price index Neukölln

Period Existing buildings Median Offer price Index (base 10 years = 100) New buildings Median Offer price Index (base 10 years = 100)
Current quarter 4,480 EUR/m² - 7,250 EUR/m² -
1 Year 4,410 EUR/m² 1.70 % 7,700 EUR/m² -5.80 %
3 Years 3,580 EUR/m² 25.20 % 5,060 EUR/m² 43.20 %
5 Years 3,000 EUR/m² 49.30 % 3,980 EUR/m² 82.30 %
10 Years 1,100 EUR/m² 306.30 % 2,570 EUR/m² 182.40 %


The Bubble Chart shows the supply situation of the last 12 months for the property market in Neukölln. The colors indicate the year of construction classes, the size of the bubbles the quantity of offers, the location in the coordinate system the price radius (square meters) and apartment sizes.

Price segments

Development of the housing offer (existing apartments) in Neukölln. The chart shows price increases and price segment shifts over the 10-year period.

New listings by calendar week in Neukölln

Property listings in Neukölln by calendar week, with median, number of new listings and segments.

Family houses

The real estate market for family houses in Neukölln consists of pre-war housing developments and various post-war quarters. For a long time, demand for these properties was weak. In fact, there was hardly any fluctuation. Both things have changed in the meantime. With the growing pressure on the inner-city housing market, the mostly compact houses are becoming a sought-after product again. Young families appreciate the mixture of urbanity and family environment. The markets are located in Britz with 50 houses offered in the 12-month period (5,200 EUR/m²), Buckow with 120 Houses at an average of 5,390 EUR/m² and Rudow with 310 at 5,110 EUR/m² average asking price for existing houses.

Sell apartment Neukölln

More than 15 years of experience and over 2000 sales mandates for apartments in Berlin guarantee the best possible results when selling your property. About 1000 national and international visitors inform themselves daily on our market reports about the housing market in the German Capital and actively search for Berlin real estate through us. Our reports are the link between your property and the buyer. 

We would be happy to advise you on the sale of your apartment in Neukölln. Free of charge and without obligation.

Rent prices Neukölln

In the rental market in Neukölln, the middle and lower price segments prevail across the entire district. In the current period the average offer rent is 11.45 EUR/m². In the housing markets Neukölln Nord and Zentrum the average rent is 13.55 EUR/m². The development to the previous year is about 28.30 %.

In Neukölln there has been lively construction activities in the past few years. Many properties from private residential construction projects are currently coming onto the rental market. In total there were 90 new construction apartments offered for rent in the 12-month period in Neukölln. The current average offer rent is 23.00 EUR/m². In the central districts (Nord-Neukölln, Karl-Marx-Straße) the average offered rent for new developments is 23.00 EUR/m². In housing projects in Buckow and Rudow at 0.00 EUR/m² and 17.25 EUR/m².

Rent index Neukölln

Period Existing buildings Median Offer price Index (base 10 years = 100) New buildings Median Offer price Index (base 10 years = 100)
Current quarter 11.45 EUR/m² - 23.00 EUR/m² -
1 Year 9.20 EUR/m² 24.40 % 17.95 EUR/m² 28.20 %
3 Years 10.90 EUR/m² 4.80 % 15.05 EUR/m² 53.00 %
5 Years 9.15 EUR/m² 25.00 % 10.10 EUR/m² 127.60 %


The Bubble Chart shows the supply situation of the last 12 months for the property market in Neukölln. The colors indicate the year of construction classes, the size of the bubbles the quantity of offers, the location in the coordinate system the price radius (square meters) and apartment sizes.

Rent segments

The chart shows the changes in the price structure of the district based on four price segments. How many apartments were offered in the different price segments? The line shows the development of the average offer price per square metre across all apartment types and price segments for existing apartments.

Apartment buildings

Residential buildings in Neukölln have risen significantly in price in all Neukölln quarters in recent years. The streets along the Landwehrkanal (Kreuzkölln), at the edge of the Tempelhof airfield (North-Neukölln) as well as the Reuter-Kiez and the Richard-Kiez are presently in focus. Due to the almost area-wide introduction of milieu protection areas, predominantly long-term investors are interested in acquisitions. 

Square meter prices for apartment buildings in Neukölln have developed parallel to the overall market since 2012. The former outsider Neukölln has become a sought-after area. In the 10-year period owners can look back on a square meter price increase of about 400%. The number of properties offered on the market has been declining continuously for years. In some cases price exaggerations lead to a longer stay on the market. In Neukölln, in addition to the framework conditions resulting from the milieu protection, a number of other details have to be considered with regard to the handling. We will be happy to provide you with further information.

Related topics: Milieu protection  Rent cap  Residential building report

The table shows the values for multi-family houses published by the German Real Estate Association (IVD) for Neukölln by location and year of construction.

Construction era Simple to medium locations Medium locations
1900 - 1949 1.600 - 2.400 EUR/m² 1.900 - 3.000 EUR/m²
1950 - 1978 1.500 - 2.200 EUR/m² 1.800 - 2.700 EUR/m²
1979 - 2000 1.600 - 2.300 EUR/m² 1.900 - 2.800 EUR/m²
since 2001 1.900 - 2.700 EUR/m² 2.200 - 3.400 EUR/m²
Source: IVD Immobilienpreisservice 2020/2021

Building activity in Neukölln

Neukölln is a densely built-up inner city district in Berlin. With an existing residential stock of around 165.000 units, the district is the fourth largest in Berlin. The number of 40 statistical planning spaces LOR (Lebensweltlich orientierte Räume) shows how diverse the district is. With an average apartment size of 69.8 m², most quarters are in the lower range. The statistical household size is 1.78 persons. In terms of figures, the household size is 2.05 persons per household.

There has been an increase of construction activity in Neukölln in recent years.When and in which quarters (LOR) construction completions were reported, can be seen from the map. (Source: Amt für Statistik Berlin-Brandenburg)

Milieu protection

In 2016/2017, the district of Neukölln declared the northern areas of the district to be milieu protected areas almost area-wide.

Milieu protection area In force since Area in ha Extended Last update
Flughafenstrasse / Donaustrasse 2016 86.2 2019 -
Körnerpark 2016 41.5 2019 -
Reuterplatz 2016 66.0 - -
Schillerpromenade 2016 92.5 - -
Hertzbergplatz / Treptower Strasse 2017 75.0 - -
Rixdorf 2017 85.9 - -
Silbersteinstrasse / Glasower Strasse 2017 73.0 - -
Britz 2020 - - -
Germaniapromenade 2020 - - -
Gropiusstadt 2020 - - -

As of March 2020, the Neukölln District Authorities have declared Britz-North as milieu protection area.

Milieu protection map Neukölln

Check in our milieu protection map Berlin whether your property is located in a protection area, an investigation area or a suspected area. Our milieu protection map is continuously revised and updated on basis of the resolutions of the district assemblies (BVV). 

General background

Neukölln is an industrial district, start-up hub and cultural melting pot. One of Neukölln's major strengths and at the same time chances is its space potential. Despite the high density in the central districts, there is less conflict caused by space competition than in other inner-city districts. 22,000 entrepreneurs, 5,500 companies with around 60,000 jobs do not interfere with modern think tanks and office concepts, nor vice versa. In the years to come, the district may not develop radically, but it will certainly develop in an essential way. Inside, the district centre along Karl-Marx-Strasse will be upgraded. Investors are planning coworking spaces and housing projects, and the spirit of change is attracting young New Berliners, students and young families. Start-ups, bars or hipster restaurants are just as much at home in Neukölln as small manufactories and crafts. In the most popular quarters such as Reuterkiez, Richardplatz and along the Landwehrkanal, pubs and galleries line the streets. The good connection to the future airport BER, the proximity to the economic and scientific location Adlershof and soon Germany's largest hotel complex, the Estrel Berlin, make Neukölln a player in Berlin. It should not be concealed that the positive development of the Neukölln districts is also due to state programmes. There are a total of 11 neighbourhood management areas in the district. What remains is the housing shortage. And unfortunately in Neukölln, too, the focus is on protecting existing structures instead of building new ones. The mood towards investors is suspicious and the protection of the milieu slows down the development of the neighbourhoods, but cannot stop the dynamics in the long run.

Population by nationality


Neukölln continues to internationalize and transfers its population to other districts. At the same time, influxes from the international area have been increasing continuously. For years, Bulgaria, Romania and Poland have alternated in terms of international immigration. The middle places are held by Western European countries. Turkey also continues to occupy an important position. The influx of people from crisis areas has abated. The inflows and outflows of the national migrations correspond to the population size of the federal states, with the exception of the suburbs (Brandenburg), which occupies the top position. Significantly more people move from Neukölln to the surrounding communities than vice versa. The trend towards suburbanisation has been going on for years and is an expression of the narrower real estate market in Neukölln.

  • All migrations
  • International
  • National
  • Suburban
  • Binnen
  • Hotspot


The property market in Neukölln is characterised by persistently high inflows. For 170,775 inhabitants (2017) there are currently about 82,900 apartments available, according to the Office of Statistics. The average - official - household size in Neukölln is 1.67 persons. However, the actual household size is far higher in almost all quarters (see above). According to our calculations, the acute housing deficit amounts to about 20,000 units, not including future growth through inflows. The Neukölln district is currently responding to the shortage situation with further milieu protection areas, pre-emptions and conversion bans. The district is thus effectively freezing the supply and increasing price pressure on the market. Existing properties are rising in price. A part of the evasive movements in the internal relation to other districts is therefore located in the exclusion of people who are looking for a property for their own use. Those who want property are forced to leave Neukölln. Paradoxically, this situation offers opportunities for investors. After all, prices are expected to continue rising sharply over the next few years unless new construction is added to the existing stock.

This report was last updated on 13.09.2021 .


The Guthmann Market Report is a semi-automated report about the property market in Berlin. All information has been carefully researched and is given to the best of our knowledge and belief. We assume no liability for completeness, deviations, changes and errors. Our report does not represent an investment recommendation.


Amt für Statistik Berlin-Brandenburg: Einwohnerregisterstatistik (Bewegungsdaten), Fortschreibung des Wohngebäude- und Wohnungsbestandes, Ergebnisse des Haushaltegenerierungsverfahren KOSIS-HHGen, Baufertigstellungen. IMV GmbH: Rohdaten Preise und Mieten. Senatsverwaltung für Stadtentwicklung und Wohnen: Umwandlungsdaten (2018), Geoportal Berlin (FIS-Broker). Immobilienverband Deutschland IVD (2018/2019): Immobilienpreisservice 2018/2019.


Housing deficit (Treemap): The Statistics Office updates the household data based on the 2011 micro-census. Determination of household count and statistical household size via household generation procedures (KOSIS). We calculate the real household size / housing deficits via the ratio number of inhabitants to number of apartments.
Purchase prices and rents (charts and reports): Calculation of the median on the basis of raw data, own visualization.
Migrations: Aggregation and visualization based on transaction data.


Personal Advice

By submitting the form, I agree to the privacy policy of Guthmann Estate GmbH and consent to being contacted.