What Are the Best Places to Invest in Airbnb in Germany?

Source: AirROI Reviewed by Jun Zhou , Founder @ AirROI

Updated: 2026-08-08

The short-term rental market in Germany spans 100 cities tracked in AirROI's 2026 dataset, ranging from mature urban markets with thousands of active listings to emerging destinations where early operators still have pricing leverage. Supply growth, regulation, and seasonal demand vary significantly across the region — making market selection one of the highest-leverage decisions an Airbnb investor can make.

This page ranks the best Airbnb markets in Germany across four dimensions: market depth (active listings), revenue, nightly rate (ADR), and occupancy rate. Berlin, Berlin leads by market size with 6,901 active listings and $1,876/month revenue. Across all ranked markets, average occupancy is 34.3% with $982/month in average revenue and $145/night ADR. 88 of 100 markets carry a low regulation profile — a key consideration for investors evaluating compliance costs and time-to-market.

Rankings based on AirROI's analysis of 20,000,000+ short-term rental listings across revenue, ADR, occupancy, and regulation. See ranking methodology.

Explore Live Market Data

Top Airbnb Markets in Germany by Active Listings

Active listing count is the most direct measure of a market's depth, maturity, and investor confidence. Cities with the most Airbnb listings in Germany attract the highest volume of travelers and offer the most reliable benchmarking data for pricing and revenue projections. Berlin, Berlin leads with 6,901 active short-term rental listings and $1,876/month in average revenue.

#	Market	Active Listings (TTM)	Revenue/mo	ADR	Occupancy	Regulation
1	Berlin, Berlin	6,901	$1,876	$177	44.9%	High
2	Munich, Bavaria	3,629	$1,477	$212	36.0%	Low
3	Hamburg, Hamburg	2,714	$1,611	$166	43.2%	High
4	Cologne, North Rhine-Westphalia	2,273	$1,380	$177	39.4%	High
5	Leipzig, Saxony	1,870	$926	$117	35.9%	Low
6	Dresden, Saxony	1,486	$1,179	$123	41.1%	Low
7	Dusseldorf, North Rhine-Westphalia	1,409	$1,279	$168	35.9%	High
8	Hanover, Lower Saxony	1,391	$899	$168	32.3%	Low
9	Nuremberg, Bavaria	1,180	$1,296	$148	38.3%	Low
10	Essen, North Rhine-Westphalia	1,030	$846	$128	33.6%	Low
11	Lübeck, Schleswig-Holstein	945	$1,076	$175	34.5%	Low
12	Stuttgart, Baden-Württemberg	937	$849	$119	36.0%	Moderate
13	Frankfurt, Hesse	860	$843	$139	32.4%	Low
14	Bremen, Bremen	820	$847	$108	38.8%	Low
15	Braunlage, Lower Saxony	730	$1,082	$169	28.2%	Low
16	Sylt, Schleswig-Holstein	682	$1,016	$227	26.4%	Low
17	Winterberg, North Rhine-Westphalia	650	$1,413	$228	29.1%	Low
18	Kassel, Hesse	617	$724	$104	33.8%	Low
19	Rostock, Mecklenburg-Vorpommern	611	$881	$155	32.5%	Low
20	Garmisch-Partenkirchen, Bavaria	602	$2,160	$252	40.3%	Low
21	Koblenz, Rhineland-Palatinate	598	$966	$118	36.9%	Low
22	Erfurt, Thuringia	595	$1,142	$128	39.9%	Low
23	Fehmarn, Schleswig-Holstein	582	$1,031	$164	30.6%	Low
24	Duisburg, North Rhine-Westphalia	579	$787	$185	33.4%	Low
25	Karlsruhe, Baden-Württemberg	566	$830	$100	40.3%	Low
26	Cuxhaven, Lower Saxony	551	$545	$133	24.2%	Low
27	Friedrichshafen, Baden-Württemberg	498	$1,264	$175	34.7%	Low
28	Scharbeutz, Schleswig-Holstein	487	$825	$180	25.8%	Low
29	Kappeln, Schleswig-Holstein	484	$686	$257	20.3%	Low
30	Wuppertal, North Rhine-Westphalia	472	$674	$109	34.1%	Low
31	Binz, Mecklenburg-Vorpommern	468	$930	$209	26.3%	Low
32	Freiburg im Breisgau, Baden-Württemberg	460	$1,376	$132	46.2%	Moderate
33	Dortmund, North Rhine-Westphalia	459	$856	$119	36.1%	High
34	Chemnitz, Saxony	459	$584	$94	31.1%	Low
35	Kiel, Schleswig-Holstein	450	$902	$104	42.0%	Low
36	Augsburg, Bavaria	439	$1,015	$122	38.2%	Low
37	Heidelberg, Baden-Württemberg	427	$1,245	$149	41.7%	Moderate
38	Büsum, Schleswig-Holstein	424	$644	$165	21.6%	Low
39	Wiesbaden, Hesse	422	$882	$114	39.4%	Low
40	Goslar, Lower Saxony	421	$1,019	$137	30.9%	Low
41	Magdeburg, Saxony-Anhalt	420	$630	$92	33.8%	Low
42	Norden, Lower Saxony	417	$645	$141	27.0%	Low
43	Bielefeld, North Rhine-Westphalia	411	$725	$111	33.1%	Low
44	Bonn, North Rhine-Westphalia	405	$923	$99	43.4%	High
45	Würzburg, Bavaria	398	$1,211	$127	41.1%	Low
46	Timmendorfer Strand, Schleswig-Holstein	393	$942	$190	27.6%	Low
47	Bochum, North Rhine-Westphalia	373	$838	$98	38.4%	Low
48	Zingst, Mecklenburg-Vorpommern	364	$641	$185	19.4%	Low
49	Mannheim, Baden-Württemberg	359	$694	$95	34.4%	Low
50	Sankt Peter-Ording, Schleswig-Holstein	355	$1,606	$204	34.5%	Low
51	Krefeld, North Rhine-Westphalia	353	$773	$146	33.0%	Low
52	Saarbrücken, Saarland	351	$668	$92	35.8%	Low
53	Potsdam, Brandenburg	349	$1,216	$163	37.3%	Low
54	Wangerland, Lower Saxony	342	$822	$149	28.7%	Low
55	Oldenburg, Lower Saxony	338	$995	$112	39.7%	Low
56	Wernigerode, Saxony-Anhalt	337	$1,135	$147	32.8%	Low
57	Grömitz, Schleswig-Holstein	331	$666	$172	24.2%	Low
58	Bremerhaven, Bremen	327	$822	$114	35.4%	Low
59	Halle (Saale), Saxony-Anhalt	327	$648	$102	32.3%	Low
60	Münster, North Rhine-Westphalia	315	$1,331	$131	45.7%	High
61	Wurster Nordseeküste, Lower Saxony	312	$636	$158	22.1%	Low
62	Quedlinburg, Saxony-Anhalt	308	$1,102	$130	35.0%	Low
63	Regensburg, Bavaria	297	$1,047	$127	38.3%	Low
64	Mönchengladbach, North Rhine-Westphalia	297	$743	$116	34.7%	Low
65	Baden-Baden, Baden-Württemberg	296	$1,241	$160	36.3%	Low
66	Heringsdorf, Mecklenburg-Vorpommern	285	$567	$178	23.0%	Low
67	Bad Harzburg, Lower Saxony	284	$919	$116	36.1%	Low
68	Butjadingen, Lower Saxony	283	$806	$161	25.7%	Low
69	Dornum, Lower Saxony	282	$517	$128	23.1%	Low
70	Flensburg, Schleswig-Holstein	282	$941	$130	38.3%	Low
71	Bamberg, Bavaria	278	$1,378	$134	41.7%	Low
72	Norderney, Lower Saxony	278	$789	$188	24.2%	Low
73	Wilhelmshaven, Lower Saxony	276	$733	$112	33.1%	Low
74	Schwerin, Mecklenburg-Vorpommern	275	$947	$131	34.6%	Low
75	Überlingen, Baden-Württemberg	267	$1,132	$181	36.1%	Low
76	Trier, Rhineland-Palatinate	267	$1,261	$121	46.5%	Low
77	Oberstdorf, Bavaria	264	$1,350	$202	36.0%	Low
78	Neuss, North Rhine-Westphalia	260	$1,243	$156	37.5%	Low
79	Aachen, North Rhine-Westphalia	258	$1,059	$115	41.8%	High
80	Mainz, Rhineland-Palatinate	258	$923	$121	42.1%	Low
81	Gelsenkirchen, North Rhine-Westphalia	248	$716	$132	29.1%	Low
82	Kaiserslautern, Rhineland-Palatinate	248	$675	$105	36.4%	Low
83	Brunswick, Lower Saxony	246	$930	$102	41.5%	Low
84	Rust, Baden-Württemberg	244	$2,383	$198	46.1%	Low
85	Sellin, Mecklenburg-Vorpommern	240	$864	$167	28.8%	Low
86	Offenbach am Main, Hesse	231	$960	$149	33.2%	Low
87	Weimar, Thuringia	230	$1,190	$123	38.8%	Low
88	Wismar, Mecklenburg-Vorpommern	228	$676	$142	28.2%	Low
89	Osnabrück, Lower Saxony	221	$799	$98	36.8%	Low
90	Bayreuth, Bavaria	215	$1,012	$151	37.5%	Low
91	Laatzen, Lower Saxony	213	$820	$220	28.3%	Low
92	Wolfsburg, Lower Saxony	213	$561	$100	31.0%	Low
93	Kühlungsborn, Mecklenburg-Vorpommern	212	$733	$151	27.7%	Low
94	Paderborn, North Rhine-Westphalia	205	$692	$97	35.6%	Low
95	Oberhausen, North Rhine-Westphalia	204	$843	$132	32.1%	Low
96	Thale, Saxony-Anhalt	202	$1,165	$181	31.3%	Low
97	Clausthal-Zellerfeld, Lower Saxony	198	$1,290	$164	33.1%	Low
98	Constance, Baden-Württemberg	196	$1,441	$178	43.2%	High
99	Passau, Bavaria	196	$874	$136	32.1%	Low
100	Pforzheim, Baden-Württemberg	195	$491	$96	29.3%	Low

Most Profitable Airbnb Markets in Germany by Revenue

The most profitable Airbnb cities in Germany are those where hosts earn the highest average monthly revenue per listing — the single most telling indicator of a market's income potential. Rust, Baden-Württemberg leads with $2,383/month at $198 ADR and 46.1% occupancy. Whether you are evaluating your first STR investment or benchmarking an existing property, these top-earning Airbnb markets show where vacation rentals generate the greatest short-term rental income.

#	Market	Revenue/mo	Active Listings (TTM)	ADR	Occupancy	Regulation
1	Rust, Baden-Württemberg	$2,383	244	$198	46.1%	Low
2	Garmisch-Partenkirchen, Bavaria	$2,160	602	$252	40.3%	Low
3	Berlin, Berlin	$1,876	6,901	$177	44.9%	High
4	Hamburg, Hamburg	$1,611	2,714	$166	43.2%	High
5	Sankt Peter-Ording, Schleswig-Holstein	$1,606	355	$204	34.5%	Low
6	Munich, Bavaria	$1,477	3,629	$212	36.0%	Low
7	Constance, Baden-Württemberg	$1,441	196	$178	43.2%	High
8	Winterberg, North Rhine-Westphalia	$1,413	650	$228	29.1%	Low
9	Cologne, North Rhine-Westphalia	$1,380	2,273	$177	39.4%	High
10	Bamberg, Bavaria	$1,378	278	$134	41.7%	Low
11	Freiburg im Breisgau, Baden-Württemberg	$1,376	460	$132	46.2%	Moderate
12	Oberstdorf, Bavaria	$1,350	264	$202	36.0%	Low
13	Münster, North Rhine-Westphalia	$1,331	315	$131	45.7%	High
14	Nuremberg, Bavaria	$1,296	1,180	$148	38.3%	Low
15	Clausthal-Zellerfeld, Lower Saxony	$1,290	198	$164	33.1%	Low
16	Dusseldorf, North Rhine-Westphalia	$1,279	1,409	$168	35.9%	High
17	Friedrichshafen, Baden-Württemberg	$1,264	498	$175	34.7%	Low
18	Trier, Rhineland-Palatinate	$1,261	267	$121	46.5%	Low
19	Heidelberg, Baden-Württemberg	$1,245	427	$149	41.7%	Moderate
20	Neuss, North Rhine-Westphalia	$1,243	260	$156	37.5%	Low
21	Baden-Baden, Baden-Württemberg	$1,241	296	$160	36.3%	Low
22	Potsdam, Brandenburg	$1,216	349	$163	37.3%	Low
23	Würzburg, Bavaria	$1,211	398	$127	41.1%	Low
24	Weimar, Thuringia	$1,190	230	$123	38.8%	Low
25	Dresden, Saxony	$1,179	1,486	$123	41.1%	Low
26	Thale, Saxony-Anhalt	$1,165	202	$181	31.3%	Low
27	Erfurt, Thuringia	$1,142	595	$128	39.9%	Low
28	Wernigerode, Saxony-Anhalt	$1,135	337	$147	32.8%	Low
29	Überlingen, Baden-Württemberg	$1,132	267	$181	36.1%	Low
30	Quedlinburg, Saxony-Anhalt	$1,102	308	$130	35.0%	Low
31	Braunlage, Lower Saxony	$1,082	730	$169	28.2%	Low
32	Lübeck, Schleswig-Holstein	$1,076	945	$175	34.5%	Low
33	Aachen, North Rhine-Westphalia	$1,059	258	$115	41.8%	High
34	Regensburg, Bavaria	$1,047	297	$127	38.3%	Low
35	Fehmarn, Schleswig-Holstein	$1,031	582	$164	30.6%	Low
36	Goslar, Lower Saxony	$1,019	421	$137	30.9%	Low
37	Sylt, Schleswig-Holstein	$1,016	682	$227	26.4%	Low
38	Augsburg, Bavaria	$1,015	439	$122	38.2%	Low
39	Bayreuth, Bavaria	$1,012	215	$151	37.5%	Low
40	Oldenburg, Lower Saxony	$995	338	$112	39.7%	Low
41	Koblenz, Rhineland-Palatinate	$966	598	$118	36.9%	Low
42	Offenbach am Main, Hesse	$960	231	$149	33.2%	Low
43	Schwerin, Mecklenburg-Vorpommern	$947	275	$131	34.6%	Low
44	Timmendorfer Strand, Schleswig-Holstein	$942	393	$190	27.6%	Low
45	Flensburg, Schleswig-Holstein	$941	282	$130	38.3%	Low
46	Brunswick, Lower Saxony	$930	246	$102	41.5%	Low
47	Binz, Mecklenburg-Vorpommern	$930	468	$209	26.3%	Low
48	Leipzig, Saxony	$926	1,870	$117	35.9%	Low
49	Mainz, Rhineland-Palatinate	$923	258	$121	42.1%	Low
50	Bonn, North Rhine-Westphalia	$923	405	$99	43.4%	High
51	Bad Harzburg, Lower Saxony	$919	284	$116	36.1%	Low
52	Kiel, Schleswig-Holstein	$902	450	$104	42.0%	Low
53	Hanover, Lower Saxony	$899	1,391	$168	32.3%	Low
54	Wiesbaden, Hesse	$882	422	$114	39.4%	Low
55	Rostock, Mecklenburg-Vorpommern	$881	611	$155	32.5%	Low
56	Passau, Bavaria	$874	196	$136	32.1%	Low
57	Sellin, Mecklenburg-Vorpommern	$864	240	$167	28.8%	Low
58	Dortmund, North Rhine-Westphalia	$856	459	$119	36.1%	High
59	Stuttgart, Baden-Württemberg	$849	937	$119	36.0%	Moderate
60	Bremen, Bremen	$847	820	$108	38.8%	Low
61	Essen, North Rhine-Westphalia	$846	1,030	$128	33.6%	Low
62	Frankfurt, Hesse	$843	860	$139	32.4%	Low
63	Oberhausen, North Rhine-Westphalia	$843	204	$132	32.1%	Low
64	Bochum, North Rhine-Westphalia	$838	373	$98	38.4%	Low
65	Karlsruhe, Baden-Württemberg	$830	566	$100	40.3%	Low
66	Scharbeutz, Schleswig-Holstein	$825	487	$180	25.8%	Low
67	Bremerhaven, Bremen	$822	327	$114	35.4%	Low
68	Wangerland, Lower Saxony	$822	342	$149	28.7%	Low
69	Laatzen, Lower Saxony	$820	213	$220	28.3%	Low
70	Butjadingen, Lower Saxony	$806	283	$161	25.7%	Low
71	Osnabrück, Lower Saxony	$799	221	$98	36.8%	Low
72	Norderney, Lower Saxony	$789	278	$188	24.2%	Low
73	Duisburg, North Rhine-Westphalia	$787	579	$185	33.4%	Low
74	Krefeld, North Rhine-Westphalia	$773	353	$146	33.0%	Low
75	Mönchengladbach, North Rhine-Westphalia	$743	297	$116	34.7%	Low
76	Wilhelmshaven, Lower Saxony	$733	276	$112	33.1%	Low
77	Kühlungsborn, Mecklenburg-Vorpommern	$733	212	$151	27.7%	Low
78	Bielefeld, North Rhine-Westphalia	$725	411	$111	33.1%	Low
79	Kassel, Hesse	$724	617	$104	33.8%	Low
80	Gelsenkirchen, North Rhine-Westphalia	$716	248	$132	29.1%	Low
81	Mannheim, Baden-Württemberg	$694	359	$95	34.4%	Low
82	Paderborn, North Rhine-Westphalia	$692	205	$97	35.6%	Low
83	Kappeln, Schleswig-Holstein	$686	484	$257	20.3%	Low
84	Wismar, Mecklenburg-Vorpommern	$676	228	$142	28.2%	Low
85	Kaiserslautern, Rhineland-Palatinate	$675	248	$105	36.4%	Low
86	Wuppertal, North Rhine-Westphalia	$674	472	$109	34.1%	Low
87	Saarbrücken, Saarland	$668	351	$92	35.8%	Low
88	Grömitz, Schleswig-Holstein	$666	331	$172	24.2%	Low
89	Halle (Saale), Saxony-Anhalt	$648	327	$102	32.3%	Low
90	Norden, Lower Saxony	$645	417	$141	27.0%	Low
91	Büsum, Schleswig-Holstein	$644	424	$165	21.6%	Low
92	Zingst, Mecklenburg-Vorpommern	$641	364	$185	19.4%	Low
93	Wurster Nordseeküste, Lower Saxony	$636	312	$158	22.1%	Low
94	Magdeburg, Saxony-Anhalt	$630	420	$92	33.8%	Low
95	Chemnitz, Saxony	$584	459	$94	31.1%	Low
96	Heringsdorf, Mecklenburg-Vorpommern	$567	285	$178	23.0%	Low
97	Wolfsburg, Lower Saxony	$561	213	$100	31.0%	Low
98	Cuxhaven, Lower Saxony	$545	551	$133	24.2%	Low
99	Dornum, Lower Saxony	$517	282	$128	23.1%	Low
100	Pforzheim, Baden-Württemberg	$491	195	$96	29.3%	Low

Most Expensive Airbnb Markets in Germany by Nightly Rate

The average daily rate (ADR) measures how much guests pay per night in each market, making it the clearest indicator of a city's short-term rental pricing power. Kappeln, Schleswig-Holstein commands the highest Airbnb nightly rate in Germany at $257/night, generating $686/month at 20.3% occupancy. Markets with premium nightly pricing typically feature high-demand destinations where travelers pay a significant premium over hotel alternatives.

#	Market	ADR	Active Listings (TTM)	Revenue/mo	Occupancy	Regulation
1	Kappeln, Schleswig-Holstein	$257	484	$686	20.3%	Low
2	Garmisch-Partenkirchen, Bavaria	$252	602	$2,160	40.3%	Low
3	Winterberg, North Rhine-Westphalia	$228	650	$1,413	29.1%	Low
4	Sylt, Schleswig-Holstein	$227	682	$1,016	26.4%	Low
5	Laatzen, Lower Saxony	$220	213	$820	28.3%	Low
6	Munich, Bavaria	$212	3,629	$1,477	36.0%	Low
7	Binz, Mecklenburg-Vorpommern	$209	468	$930	26.3%	Low
8	Sankt Peter-Ording, Schleswig-Holstein	$204	355	$1,606	34.5%	Low
9	Oberstdorf, Bavaria	$202	264	$1,350	36.0%	Low
10	Rust, Baden-Württemberg	$198	244	$2,383	46.1%	Low
11	Timmendorfer Strand, Schleswig-Holstein	$190	393	$942	27.6%	Low
12	Norderney, Lower Saxony	$188	278	$789	24.2%	Low
13	Zingst, Mecklenburg-Vorpommern	$185	364	$641	19.4%	Low
14	Duisburg, North Rhine-Westphalia	$185	579	$787	33.4%	Low
15	Thale, Saxony-Anhalt	$181	202	$1,165	31.3%	Low
16	Überlingen, Baden-Württemberg	$181	267	$1,132	36.1%	Low
17	Scharbeutz, Schleswig-Holstein	$180	487	$825	25.8%	Low
18	Constance, Baden-Württemberg	$178	196	$1,441	43.2%	High
19	Heringsdorf, Mecklenburg-Vorpommern	$178	285	$567	23.0%	Low
20	Berlin, Berlin	$177	6,901	$1,876	44.9%	High
21	Cologne, North Rhine-Westphalia	$177	2,273	$1,380	39.4%	High
22	Friedrichshafen, Baden-Württemberg	$175	498	$1,264	34.7%	Low
23	Lübeck, Schleswig-Holstein	$175	945	$1,076	34.5%	Low
24	Grömitz, Schleswig-Holstein	$172	331	$666	24.2%	Low
25	Braunlage, Lower Saxony	$169	730	$1,082	28.2%	Low
26	Hanover, Lower Saxony	$168	1,391	$899	32.3%	Low
27	Dusseldorf, North Rhine-Westphalia	$168	1,409	$1,279	35.9%	High
28	Sellin, Mecklenburg-Vorpommern	$167	240	$864	28.8%	Low
29	Hamburg, Hamburg	$166	2,714	$1,611	43.2%	High
30	Büsum, Schleswig-Holstein	$165	424	$644	21.6%	Low
31	Clausthal-Zellerfeld, Lower Saxony	$164	198	$1,290	33.1%	Low
32	Fehmarn, Schleswig-Holstein	$164	582	$1,031	30.6%	Low
33	Potsdam, Brandenburg	$163	349	$1,216	37.3%	Low
34	Butjadingen, Lower Saxony	$161	283	$806	25.7%	Low
35	Baden-Baden, Baden-Württemberg	$160	296	$1,241	36.3%	Low
36	Wurster Nordseeküste, Lower Saxony	$158	312	$636	22.1%	Low
37	Neuss, North Rhine-Westphalia	$156	260	$1,243	37.5%	Low
38	Rostock, Mecklenburg-Vorpommern	$155	611	$881	32.5%	Low
39	Kühlungsborn, Mecklenburg-Vorpommern	$151	212	$733	27.7%	Low
40	Bayreuth, Bavaria	$151	215	$1,012	37.5%	Low
41	Offenbach am Main, Hesse	$149	231	$960	33.2%	Low
42	Heidelberg, Baden-Württemberg	$149	427	$1,245	41.7%	Moderate
43	Wangerland, Lower Saxony	$149	342	$822	28.7%	Low
44	Nuremberg, Bavaria	$148	1,180	$1,296	38.3%	Low
45	Wernigerode, Saxony-Anhalt	$147	337	$1,135	32.8%	Low
46	Krefeld, North Rhine-Westphalia	$146	353	$773	33.0%	Low
47	Wismar, Mecklenburg-Vorpommern	$142	228	$676	28.2%	Low
48	Norden, Lower Saxony	$141	417	$645	27.0%	Low
49	Frankfurt, Hesse	$139	860	$843	32.4%	Low
50	Goslar, Lower Saxony	$137	421	$1,019	30.9%	Low
51	Passau, Bavaria	$136	196	$874	32.1%	Low
52	Bamberg, Bavaria	$134	278	$1,378	41.7%	Low
53	Cuxhaven, Lower Saxony	$133	551	$545	24.2%	Low
54	Freiburg im Breisgau, Baden-Württemberg	$132	460	$1,376	46.2%	Moderate
55	Oberhausen, North Rhine-Westphalia	$132	204	$843	32.1%	Low
56	Gelsenkirchen, North Rhine-Westphalia	$132	248	$716	29.1%	Low
57	Münster, North Rhine-Westphalia	$131	315	$1,331	45.7%	High
58	Schwerin, Mecklenburg-Vorpommern	$131	275	$947	34.6%	Low
59	Quedlinburg, Saxony-Anhalt	$130	308	$1,102	35.0%	Low
60	Flensburg, Schleswig-Holstein	$130	282	$941	38.3%	Low
61	Essen, North Rhine-Westphalia	$128	1,030	$846	33.6%	Low
62	Dornum, Lower Saxony	$128	282	$517	23.1%	Low
63	Erfurt, Thuringia	$128	595	$1,142	39.9%	Low
64	Regensburg, Bavaria	$127	297	$1,047	38.3%	Low
65	Würzburg, Bavaria	$127	398	$1,211	41.1%	Low
66	Dresden, Saxony	$123	1,486	$1,179	41.1%	Low
67	Weimar, Thuringia	$123	230	$1,190	38.8%	Low
68	Augsburg, Bavaria	$122	439	$1,015	38.2%	Low
69	Mainz, Rhineland-Palatinate	$121	258	$923	42.1%	Low
70	Trier, Rhineland-Palatinate	$121	267	$1,261	46.5%	Low
71	Dortmund, North Rhine-Westphalia	$119	459	$856	36.1%	High
72	Stuttgart, Baden-Württemberg	$119	937	$849	36.0%	Moderate
73	Koblenz, Rhineland-Palatinate	$118	598	$966	36.9%	Low
74	Leipzig, Saxony	$117	1,870	$926	35.9%	Low
75	Bad Harzburg, Lower Saxony	$116	284	$919	36.1%	Low
76	Mönchengladbach, North Rhine-Westphalia	$116	297	$743	34.7%	Low
77	Aachen, North Rhine-Westphalia	$115	258	$1,059	41.8%	High
78	Bremerhaven, Bremen	$114	327	$822	35.4%	Low
79	Wiesbaden, Hesse	$114	422	$882	39.4%	Low
80	Wilhelmshaven, Lower Saxony	$112	276	$733	33.1%	Low
81	Oldenburg, Lower Saxony	$112	338	$995	39.7%	Low
82	Bielefeld, North Rhine-Westphalia	$111	411	$725	33.1%	Low
83	Wuppertal, North Rhine-Westphalia	$109	472	$674	34.1%	Low
84	Bremen, Bremen	$108	820	$847	38.8%	Low
85	Kaiserslautern, Rhineland-Palatinate	$105	248	$675	36.4%	Low
86	Kiel, Schleswig-Holstein	$104	450	$902	42.0%	Low
87	Kassel, Hesse	$104	617	$724	33.8%	Low
88	Brunswick, Lower Saxony	$102	246	$930	41.5%	Low
89	Halle (Saale), Saxony-Anhalt	$102	327	$648	32.3%	Low
90	Karlsruhe, Baden-Württemberg	$100	566	$830	40.3%	Low
91	Wolfsburg, Lower Saxony	$100	213	$561	31.0%	Low
92	Bonn, North Rhine-Westphalia	$99	405	$923	43.4%	High
93	Osnabrück, Lower Saxony	$98	221	$799	36.8%	Low
94	Bochum, North Rhine-Westphalia	$98	373	$838	38.4%	Low
95	Paderborn, North Rhine-Westphalia	$97	205	$692	35.6%	Low
96	Pforzheim, Baden-Württemberg	$96	195	$491	29.3%	Low
97	Mannheim, Baden-Württemberg	$95	359	$694	34.4%	Low
98	Chemnitz, Saxony	$94	459	$584	31.1%	Low
99	Magdeburg, Saxony-Anhalt	$92	420	$630	33.8%	Low
100	Saarbrücken, Saarland	$92	351	$668	35.8%	Low

Highest Occupancy Airbnb Markets in Germany

Airbnb occupancy rate measures the percentage of available nights actually booked — the most telling indicator of short-term rental demand in a market. Freiburg im Breisgau, Baden-Württemberg leads Germany with 46.2% occupancy, $1,376/month revenue, and 460 active listings. Markets with the highest STR occupancy rates reflect strong, sustained guest demand — a critical signal for investors evaluating where properties will stay consistently booked year-round. This ranking is filtered to markets with 300+ listings to ensure statistical reliability.

#	Market	Occupancy	Active Listings (TTM)	Revenue/mo	ADR	Regulation
1	Freiburg im Breisgau, Baden-Württemberg	46.2%	460	$1,376	$132	Moderate
2	Münster, North Rhine-Westphalia	45.7%	315	$1,331	$131	High
3	Berlin, Berlin	44.9%	6,901	$1,876	$177	High
4	Bonn, North Rhine-Westphalia	43.4%	405	$923	$99	High
5	Hamburg, Hamburg	43.2%	2,714	$1,611	$166	High
6	Kiel, Schleswig-Holstein	42.0%	450	$902	$104	Low
7	Heidelberg, Baden-Württemberg	41.7%	427	$1,245	$149	Moderate
8	Dresden, Saxony	41.1%	1,486	$1,179	$123	Low
9	Würzburg, Bavaria	41.1%	398	$1,211	$127	Low
10	Garmisch-Partenkirchen, Bavaria	40.3%	602	$2,160	$252	Low
11	Karlsruhe, Baden-Württemberg	40.3%	566	$830	$100	Low
12	Erfurt, Thuringia	39.9%	595	$1,142	$128	Low
13	Oldenburg, Lower Saxony	39.7%	338	$995	$112	Low
14	Cologne, North Rhine-Westphalia	39.4%	2,273	$1,380	$177	High
15	Wiesbaden, Hesse	39.4%	422	$882	$114	Low
16	Bremen, Bremen	38.8%	820	$847	$108	Low
17	Bochum, North Rhine-Westphalia	38.4%	373	$838	$98	Low
18	Nuremberg, Bavaria	38.3%	1,180	$1,296	$148	Low
19	Augsburg, Bavaria	38.2%	439	$1,015	$122	Low
20	Potsdam, Brandenburg	37.3%	349	$1,216	$163	Low
21	Koblenz, Rhineland-Palatinate	36.9%	598	$966	$118	Low
22	Dortmund, North Rhine-Westphalia	36.1%	459	$856	$119	High
23	Munich, Bavaria	36.0%	3,629	$1,477	$212	Low
24	Stuttgart, Baden-Württemberg	36.0%	937	$849	$119	Moderate
25	Dusseldorf, North Rhine-Westphalia	35.9%	1,409	$1,279	$168	High
26	Leipzig, Saxony	35.9%	1,870	$926	$117	Low
27	Saarbrücken, Saarland	35.8%	351	$668	$92	Low
28	Bremerhaven, Bremen	35.4%	327	$822	$114	Low
29	Quedlinburg, Saxony-Anhalt	35.0%	308	$1,102	$130	Low
30	Friedrichshafen, Baden-Württemberg	34.7%	498	$1,264	$175	Low
31	Lübeck, Schleswig-Holstein	34.5%	945	$1,076	$175	Low
32	Sankt Peter-Ording, Schleswig-Holstein	34.5%	355	$1,606	$204	Low
33	Mannheim, Baden-Württemberg	34.4%	359	$694	$95	Low
34	Wuppertal, North Rhine-Westphalia	34.1%	472	$674	$109	Low
35	Magdeburg, Saxony-Anhalt	33.8%	420	$630	$92	Low
36	Kassel, Hesse	33.8%	617	$724	$104	Low
37	Essen, North Rhine-Westphalia	33.6%	1,030	$846	$128	Low
38	Duisburg, North Rhine-Westphalia	33.4%	579	$787	$185	Low
39	Bielefeld, North Rhine-Westphalia	33.1%	411	$725	$111	Low
40	Krefeld, North Rhine-Westphalia	33.0%	353	$773	$146	Low
41	Wernigerode, Saxony-Anhalt	32.8%	337	$1,135	$147	Low
42	Rostock, Mecklenburg-Vorpommern	32.5%	611	$881	$155	Low
43	Frankfurt, Hesse	32.4%	860	$843	$139	Low
44	Halle (Saale), Saxony-Anhalt	32.3%	327	$648	$102	Low
45	Hanover, Lower Saxony	32.3%	1,391	$899	$168	Low
46	Chemnitz, Saxony	31.1%	459	$584	$94	Low
47	Goslar, Lower Saxony	30.9%	421	$1,019	$137	Low
48	Fehmarn, Schleswig-Holstein	30.6%	582	$1,031	$164	Low
49	Winterberg, North Rhine-Westphalia	29.1%	650	$1,413	$228	Low
50	Wangerland, Lower Saxony	28.7%	342	$822	$149	Low
51	Braunlage, Lower Saxony	28.2%	730	$1,082	$169	Low
52	Timmendorfer Strand, Schleswig-Holstein	27.6%	393	$942	$190	Low
53	Norden, Lower Saxony	27.0%	417	$645	$141	Low
54	Sylt, Schleswig-Holstein	26.4%	682	$1,016	$227	Low
55	Binz, Mecklenburg-Vorpommern	26.3%	468	$930	$209	Low
56	Scharbeutz, Schleswig-Holstein	25.8%	487	$825	$180	Low
57	Cuxhaven, Lower Saxony	24.2%	551	$545	$133	Low
58	Grömitz, Schleswig-Holstein	24.2%	331	$666	$172	Low
59	Wurster Nordseeküste, Lower Saxony	22.1%	312	$636	$158	Low
60	Büsum, Schleswig-Holstein	21.6%	424	$644	$165	Low
61	Kappeln, Schleswig-Holstein	20.3%	484	$686	$257	Low
62	Zingst, Mecklenburg-Vorpommern	19.4%	364	$641	$185	Low

How to Choose an Airbnb Investment Market in Germany

No single ranking tells the full story. The best Airbnb market for a given investor depends on their capital, risk tolerance, operating model, and income goals. The four ranking dimensions on this page — market depth, revenue, ADR, and occupancy — serve different investor profiles.

If you prioritize predictable cash flow, start with the occupancy rankings. Markets where occupancy exceeds 55% offer consistent bookings and lower vacancy risk. High-occupancy markets may not have the highest nightly rates, but their revenue stability makes them better suited for mortgage-backed investments where monthly debt coverage matters more than peak earnings.

If you're targeting maximum income per property, use the revenue rankings. Revenue is the product of nightly rate and occupancy — it captures the combined effect of both. The highest-revenue Airbnb markets in Germany tend to be destination cities where travelers stay longer and pay a premium for entire-home listings.

If you're evaluating luxury or premium positioning, the ADR rankings show where guests are willing to pay top dollar per night. High-ADR markets reward property upgrades, professional photography, and amenity investments. However, a high nightly rate with low occupancy may generate less income than a moderately priced listing that stays booked consistently.

If you want the deepest market data, the active listings rankings identify cities with the largest short-term rental supply. More listings mean more comparable properties for pricing, more data points for revenue projections, and typically a more liquid resale market if your investment thesis changes.

In all cases, check the regulation column before committing capital. A profitable market with high regulation may require permits, annual caps on rental days, or costly compliance steps that erode returns. Markets with low regulation offer faster time-to-market but may tighten rules as STR supply grows.

Short-Term Rental Regulation in Germany

Understanding the regulatory environment is critical for any Airbnb investment in Germany. Regulation affects licensing costs, annual operating limits, tax obligations, and the long-term viability of a short-term rental strategy.

Across the 100 markets ranked on this page: 88 have a low regulation profile (generally operator-friendly with minimal licensing requirements), 0 have medium regulation (some permit or registration requirements), and 9 have high regulation (strict licensing, annual rental day caps, or active enforcement). Markets with low regulation offer the lowest barrier to entry, while high-regulation markets may still be profitable — but require careful compliance planning and often limit the number of properties a single operator can manage.

AirROI classifies regulation as a market-level signal based on available ordinance data and platform registration patterns. This is not legal advice — always verify current local ordinances, as short-term rental rules can change rapidly, especially in high-growth markets where municipalities are actively responding to STR expansion.

How We Rank the Best Airbnb Investment Markets in Germany

This page ranks Airbnb markets in Germany across four dimensions that matter most to short-term rental investors and operators: market depth (active listings), revenue potential (monthly income per listing), pricing power (average daily rate), and booking demand (occupancy rate). Each ranking uses the same underlying dataset but sorts by a different metric, giving you multiple lenses to evaluate where to invest in Airbnb in Germany.

No single metric tells the full story. A market with high ADR but low occupancy may underperform one with moderate pricing and strong demand. Revenue captures the combined effect of rate and occupancy, while active listings signal whether a market has enough depth for reliable benchmarking and a liquid resale environment. We include regulation data alongside every ranking so you can weigh compliance risk before committing capital.

Ranking Methodology & Data Sources

Active Listings (TTM): The count of active short-term rental listings in each market over the trailing twelve months — a proxy for market maturity, data reliability, and investor confidence in Germany.
Monthly Revenue: Average gross revenue per listing per month — the bottom-line metric for evaluating Airbnb profitability in Germany and projecting cash flow.
Average Daily Rate (ADR): The mean nightly booking price across all active listings — the clearest measure of a market's short-term rental pricing power.
Occupancy Rate: Percentage of available nights booked — the demand signal that determines how much of your nightly rate converts to actual income. Occupancy rankings are filtered to markets with 300+ listings to exclude small markets with unreliable averages.
Regulation: An indicator of the local regulatory climate in Germany, from low (operator-friendly) to high (strict licensing and enforcement) — essential for assessing compliance risk.

All data is sourced from AirROI's proprietary analytics pipeline, which tracks 20,000,000+ properties across 190+ countries. Metrics are recalculated on a rolling basis using trailing twelve-month aggregates from active listings. For full methodology, see the data methodology page.

Frequently Asked Questions About the Best Airbnb Markets in Germany

These quick answers summarize the most common investor and operator questions using AirROI's latest market data for Germany.

What are the best places to invest in Airbnb in Germany?

Berlin, Berlin leads this ranking for Germany with 6,901 active listings — the largest market by depth. Markets are ranked by listing count because deeper markets offer more comparable data, more pricing benchmarks, and a more predictable operating environment for investors. Each row also shows revenue, ADR, occupancy, and regulation so investors can evaluate based on what matters most to them.

Which market has the highest Airbnb revenue in Germany?

Rust, Baden-Württemberg posts the highest average monthly revenue in this ranking at $2,383. Revenue leaders often combine healthy rates, solid occupancy, and enough listing scale to support repeatable operations rather than one-off outliers.

Which market has the strongest Airbnb occupancy in Germany?

Trier, Rhineland-Palatinate has the highest occupancy rate in this comparison at 46.5%. High occupancy can signal resilient demand, but investors still need to balance it against nightly rates, regulation, and supply depth before deciding where to buy or operate.

Which market has the highest Airbnb nightly rate in Germany?

Kappeln, Schleswig-Holstein commands the highest average daily rate at $257 per night. A high ADR does not automatically translate to the highest revenue — occupancy and seasonality determine how much of that rate converts to realized income.

Which Airbnb markets in Germany have the lowest regulation?

Munich (Bavaria), Leipzig (Saxony), Dresden (Saxony) currently show low regulation profiles in this ranking. Lower regulation can reduce compliance costs and time-to-market for new hosts, but investors should always verify local ordinances before purchasing — rules can change quickly as short-term rental markets grow.

Is short-term rental investing still profitable in Germany in 2026?

The markets ranked here average 34.3% occupancy, and the top performer posts $2,383 in monthly revenue. Profitability depends on property acquisition cost, local operating expenses, and regulation compliance — but the data shows active, performing markets exist across Germany for well-researched investors.

How often are AirROI's top Airbnb market rankings updated?

AirROI updates these rankings using the latest market snapshot available in the dataset, which for this page is anchored to 2026. Rankings should be treated as current market intelligence rather than permanent truths because pricing, demand, regulation, and supply can all shift over time.

What metrics should I use to evaluate Airbnb investments in Germany?

The most important metrics for comparing short-term rental markets are active listing count (market depth and data reliability), occupancy rate (demand consistency), average daily rate (pricing power), monthly revenue (income potential), and regulation level (compliance cost and risk). This ranking sorts by market depth first; use the other columns to filter for the profile that fits your investment strategy.

What makes a good Airbnb market for first-time investors in Germany?

First-time investors in Germany should prioritize markets with high occupancy (55%+) and low regulation, which reduce the risk of empty calendars and compliance surprises. Markets with 200+ active listings also provide better benchmarking data and a more predictable operating environment. Revenue is important, but consistent demand is more forgiving for operators still learning pricing and guest management.

What is a good Airbnb occupancy rate in Germany?

Across the markets ranked here, the average occupancy rate in Germany is 34.3%. Occupancy above 50% is generally considered healthy for short-term rentals, and above 65% signals strong, sustained demand. However, the best occupancy rate depends on pricing strategy — some hosts maximize revenue by targeting fewer bookings at higher nightly rates rather than maximizing booking volume.

How does regulation affect Airbnb investment returns in Germany?

Regulation is one of the most overlooked risks in short-term rental investing. In Germany, 88 of 100 ranked markets have low regulation, 0 have medium, and 9 have high. High-regulation markets often require permits, limit annual rental days, or impose occupancy taxes — all of which reduce net returns. Low-regulation markets offer faster time-to-market and lower compliance costs, but rules can tighten as STR supply grows.

What is the difference between ADR and RevPAR for Airbnb investing?

ADR (Average Daily Rate) is the average nightly price guests pay, while RevPAR (Revenue Per Available Rental night) factors in both price and occupancy. A market with $200 ADR and 50% occupancy has $100 RevPAR — the same as a market with $125 ADR and 80% occupancy. RevPAR is a better single-number benchmark for comparing markets because it captures how effectively nightly rates convert to realized income. AirROI's city-level reports include RevPAR with percentile breakdowns for deeper analysis.

How many Airbnb listings does a market need to be investable in Germany?

Markets with fewer than 100 active listings can show volatile averages that do not predict future performance. The median market in this Germany ranking has about 355 listings. Larger markets (500+) offer more reliable data, more comparable properties for pricing, and typically a more liquid exit if you decide to sell. Smaller markets can still be profitable, but investors should treat the data as directional rather than precise.

How do seasonal and year-round Airbnb markets differ in Germany?

Seasonal markets in Germany experience dramatic swings in booking demand — often earning 60-70% of annual revenue in just 3-4 peak months. Year-round markets deliver steadier cash flow with lower peak-to-trough variation. Investors who need predictable monthly income should prioritize high-occupancy markets with low seasonal variance, while those comfortable with cash-flow timing can target seasonal markets where peak rates compensate for off-season softness.

About AirROI Market Data

AirROI tracks over 20 million properties across 190+ countries and maintains 15+ years of historical performance data, making it one of the deepest Airbnb and STR intelligence platforms available. The analytics pipeline aggregates listing-level data monthly — revenue, occupancy, nightly rates, RevPAR, guest demographics, booking patterns, and competitive supply — so investors and operators can benchmark any market against its own history and against neighboring destinations.

Real estate investors, property managers, financial institutions, hospitality consultants, and academic researchers rely on AirROI data to underwrite acquisitions, optimize pricing, model macro trends, and conduct peer-reviewed research. Data is available through in-depth market reports, the data portal for bulk downloads, the Airbnb API with 22 endpoints, and an Airbnb MCP Server for AI agents.

All metrics reflect trailing twelve-month aggregates from active listings as of 2026-08-08. Revenue figures are market averages, not projections. For full methodology, see the data methodology page.

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