Sell residential in Stuttgart.

When buying an apartment or mixed-use building we review rent roll, vacancy, capex backlog and the mix of residential and commercial units.

Rent regulation, preservation areas and energy condition affect price and financing. Submit your acquisition profile as a search brief.

Stuttgart is one of Germany's most supply-constrained and expensive residential rental markets, and the leasing picture in late 2025/early 2026 reflects a structural landlord's market rather than a cyclical one. JLL's Living data put the average new-contract rent (existing and new build) at roughly 17.07 EUR/sqm in H2 2025, growing about 3.5% year-on-year, with existing-stock re-lets near 16.95 EUR/sqm and new-build medians above 22 EUR/sqm. Stuttgart briefly overtook Berlin on headline asking rents during 2025, underscoring how tight the market has become. The premium core districts, Stuttgart-West and Stuttgart-Sued, command the highest asking rents (roughly 18 EUR/sqm and above for re-lets), while Bad Cannstatt, Feuerbach and parts of Vaihingen offer relatively more affordable entry points with regeneration upside. Practical vacancy in the core is effectively nil. The fundamental driver is geography as much as economics: the city's steep hillside topography (the Halbhoehenlage) sharply limits developable land, so even strong demand from the high-income automotive and engineering workforce, a large student population and continued in-migration cannot be met by new supply. Completions remain throttled by elevated construction and financing costs and by the affordability obligations of the Stuttgarter Innenentwicklungsmodell, which requires at least 40% of new residential floor space on rezoned land to be social or price-reduced. The qualified Mietspiegel 2025/2026 (average around 11.15 EUR/sqm net cold) and the Mietpreisbremse cap permissible increases, so the gap between regulated reference rents and free-market asking rents is wide, channelling competition into turnover events and refurbished units that can capture the new-build premium. The forward pipeline is dominated by two transformational projects, the Rosenstein quarter on land freed by Stuttgart 21 (up to about 5,600 homes, 70% subsidized) and NeckarPark in Bad Cannstatt, but these deliver over a long horizon and will not relieve near-term scarcity. For landlords the opportunity set centres on disciplined re-letting within legal caps, value-add modernisation of the large unrefurbished period stock, and exposure to energy-efficient new product, all underpinned by an unusually stable, employment-secure tenant base. The principal risks are regulatory tightening of rent controls, rising ESG/retrofit capex on older buildings, and the social and political consequences of continued undersupply. On balance, the leasing market should remain firmly in landlords' favour through 2026, with rent growth positive but decelerating under the weight of regulation.

new let rent: 17.07 EUR/sqm/month; new build rent: 22.37 EUR/sqm/month (median new build); avg asking rent: 16.95 EUR/sqm/month (existing stock); mietspiegel median: 11.15 EUR/sqm/month (net cold, qualified Mietspiegel).