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

Source: AirROI Reviewed by Jun Zhou , Founder @ AirROI

Updated: 2026-07-06

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 6,993 active listings and $1,945/month revenue. Across all ranked markets, average occupancy is 35.5% with $1,021/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 6,993 active short-term rental listings and $1,945/month in average revenue.

#	Market	Active Listings (TTM)	Revenue/mo	ADR	Occupancy	Regulation
1	Berlin, Berlin	6,993	$1,945	$178	46.4%	High
2	Munich, Bavaria	3,624	$1,521	$212	37.3%	Low
3	Hamburg, Hamburg	2,730	$1,675	$166	44.8%	High
4	Cologne, North Rhine-Westphalia	2,282	$1,414	$177	40.3%	High
5	Leipzig, Saxony	1,889	$944	$118	36.4%	Low
6	Dusseldorf, North Rhine-Westphalia	1,588	$1,294	$168	36.8%	High
7	Dresden, Saxony	1,492	$1,217	$125	42.3%	Low
8	Hanover, Lower Saxony	1,391	$919	$167	32.7%	Low
9	Nuremberg, Bavaria	1,181	$1,333	$149	39.2%	Low
10	Essen, North Rhine-Westphalia	1,044	$864	$129	34.9%	Low
11	Lübeck, Schleswig-Holstein	942	$1,141	$175	36.4%	Low
12	Stuttgart, Baden-Württemberg	939	$896	$119	37.2%	Moderate
13	Frankfurt, Hesse	883	$866	$139	33.1%	Low
14	Bremen, Bremen	821	$873	$108	39.5%	Low
15	Braunlage, Lower Saxony	726	$1,111	$171	28.7%	Low
16	Sylt, Schleswig-Holstein	689	$1,052	$228	27.3%	Low
17	Winterberg, North Rhine-Westphalia	645	$1,460	$230	29.3%	Low
18	Kassel, Hesse	622	$744	$105	34.4%	Low
19	Rostock, Mecklenburg-Vorpommern	613	$917	$153	34.4%	Low
20	Garmisch-Partenkirchen, Bavaria	599	$2,257	$252	41.7%	Low
21	Koblenz, Rhineland-Palatinate	598	$992	$120	37.5%	Low
22	Erfurt, Thuringia	594	$1,168	$129	40.4%	Low
23	Duisburg, North Rhine-Westphalia	582	$807	$182	34.0%	Low
24	Fehmarn, Schleswig-Holstein	567	$1,112	$165	32.7%	Low
25	Karlsruhe, Baden-Württemberg	562	$882	$101	41.6%	Low
26	Cuxhaven, Lower Saxony	558	$563	$134	24.7%	Low
27	Kappeln, Schleswig-Holstein	506	$663	$258	20.6%	Low
28	Friedrichshafen, Baden-Württemberg	492	$1,352	$175	36.6%	Low
29	Scharbeutz, Schleswig-Holstein	481	$854	$179	26.6%	Low
30	Binz, Mecklenburg-Vorpommern	477	$939	$206	27.3%	Low
31	Wuppertal, North Rhine-Westphalia	475	$705	$111	34.5%	Low
32	Freiburg im Breisgau, Baden-Württemberg	462	$1,430	$133	48.0%	Moderate
33	Chemnitz, Saxony	462	$609	$95	32.4%	Low
34	Dortmund, North Rhine-Westphalia	458	$880	$120	36.6%	High
35	Kiel, Schleswig-Holstein	457	$922	$103	43.8%	Low
36	Augsburg, Bavaria	437	$1,063	$123	39.7%	Low
37	Büsum, Schleswig-Holstein	432	$663	$166	22.0%	Low
38	Heidelberg, Baden-Württemberg	428	$1,295	$153	43.0%	Moderate
39	Wiesbaden, Hesse	428	$918	$114	40.8%	Low
40	Magdeburg, Saxony-Anhalt	426	$639	$93	34.0%	Low
41	Norden, Lower Saxony	424	$643	$140	28.0%	Low
42	Goslar, Lower Saxony	417	$1,054	$138	32.0%	Low
43	Bonn, North Rhine-Westphalia	416	$925	$99	43.3%	High
44	Bielefeld, North Rhine-Westphalia	413	$760	$113	33.9%	Low
45	Würzburg, Bavaria	401	$1,249	$129	42.2%	Low
46	Timmendorfer Strand, Schleswig-Holstein	392	$1,001	$190	28.9%	Low
47	Bochum, North Rhine-Westphalia	384	$854	$100	39.5%	Low
48	Zingst, Mecklenburg-Vorpommern	368	$675	$185	19.9%	Low
49	Mannheim, Baden-Württemberg	360	$720	$96	35.8%	Low
50	Sankt Peter-Ording, Schleswig-Holstein	358	$1,672	$203	36.1%	Low
51	Krefeld, North Rhine-Westphalia	351	$802	$145	33.8%	Low
52	Saarbrücken, Saarland	350	$690	$93	36.5%	Low
53	Potsdam, Brandenburg	346	$1,289	$164	38.8%	Low
54	Wangerland, Lower Saxony	345	$879	$150	30.2%	Low
55	Oldenburg, Lower Saxony	340	$1,025	$111	40.7%	Low
56	Wernigerode, Saxony-Anhalt	338	$1,159	$148	33.6%	Low
57	Halle (Saale), Saxony-Anhalt	330	$645	$103	32.2%	Low
58	Bremerhaven, Bremen	327	$856	$114	36.5%	Low
59	Grömitz, Schleswig-Holstein	320	$703	$172	25.3%	Low
60	Münster, North Rhine-Westphalia	313	$1,375	$131	46.8%	High
61	Quedlinburg, Saxony-Anhalt	307	$1,115	$130	35.6%	Low
62	Wurster Nordseeküste, Lower Saxony	306	$639	$156	23.2%	Low
63	Regensburg, Bavaria	302	$1,077	$127	40.0%	Low
64	Heringsdorf, Mecklenburg-Vorpommern	299	$568	$179	23.3%	Low
65	Mönchengladbach, North Rhine-Westphalia	298	$756	$117	34.9%	Low
66	Baden-Baden, Baden-Württemberg	296	$1,305	$161	37.3%	Low
67	Norderney, Lower Saxony	293	$781	$187	24.1%	Low
68	Dornum, Lower Saxony	289	$517	$128	23.7%	Low
69	Bad Harzburg, Lower Saxony	282	$944	$117	37.0%	Low
70	Flensburg, Schleswig-Holstein	280	$991	$128	40.0%	Low
71	Butjadingen, Lower Saxony	279	$852	$161	27.2%	Low
72	Schwerin, Mecklenburg-Vorpommern	278	$969	$130	36.1%	Low
73	Bamberg, Bavaria	276	$1,381	$134	42.6%	Low
74	Wilhelmshaven, Lower Saxony	275	$777	$112	34.8%	Low
75	Trier, Rhineland-Palatinate	271	$1,280	$121	47.5%	Low
76	Überlingen, Baden-Württemberg	267	$1,184	$180	38.7%	Low
77	Aachen, North Rhine-Westphalia	265	$1,095	$116	43.4%	High
78	Mainz, Rhineland-Palatinate	262	$948	$120	43.2%	Low
79	Oberstdorf, Bavaria	259	$1,366	$204	36.4%	Low
80	Neuss, North Rhine-Westphalia	256	$1,296	$155	39.0%	Low
81	Kaiserslautern, Rhineland-Palatinate	255	$697	$106	37.9%	Low
82	Brunswick, Lower Saxony	245	$977	$102	42.3%	Low
83	Rust, Baden-Württemberg	242	$2,464	$199	48.1%	Low
84	Gelsenkirchen, North Rhine-Westphalia	240	$754	$132	30.3%	Low
85	Sellin, Mecklenburg-Vorpommern	239	$914	$166	30.1%	Low
86	Weimar, Thuringia	231	$1,204	$123	39.8%	Low
87	Offenbach am Main, Hesse	224	$1,014	$153	33.3%	Low
88	Osnabrück, Lower Saxony	224	$842	$99	38.4%	Low
89	Wismar, Mecklenburg-Vorpommern	224	$724	$144	29.9%	Low
90	Kühlungsborn, Mecklenburg-Vorpommern	217	$744	$150	28.6%	Low
91	Laatzen, Lower Saxony	215	$840	$220	27.9%	Low
92	Wolfsburg, Lower Saxony	212	$594	$101	31.6%	Low
93	Bayreuth, Bavaria	211	$1,103	$147	40.9%	Low
94	Oberhausen, North Rhine-Westphalia	205	$841	$130	33.0%	Low
95	Paderborn, North Rhine-Westphalia	204	$721	$97	36.4%	Low
96	Thale, Saxony-Anhalt	202	$1,178	$180	32.4%	Low
97	Constance, Baden-Württemberg	198	$1,523	$178	45.4%	High
98	Clausthal-Zellerfeld, Lower Saxony	198	$1,368	$164	34.6%	Low
99	Ulm, Baden-Württemberg	197	$1,035	$117	38.1%	Low
100	Göttingen, Lower Saxony	196	$864	$92	41.7%	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 $2,464/month at $199 ADR and 48.1% 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	$2,464	242	$199	48.1%	Low
2	Garmisch-Partenkirchen, Bavaria	$2,257	599	$252	41.7%	Low
3	Berlin, Berlin	$1,945	6,993	$178	46.4%	High
4	Hamburg, Hamburg	$1,675	2,730	$166	44.8%	High
5	Sankt Peter-Ording, Schleswig-Holstein	$1,672	358	$203	36.1%	Low
6	Constance, Baden-Württemberg	$1,523	198	$178	45.4%	High
7	Munich, Bavaria	$1,521	3,624	$212	37.3%	Low
8	Winterberg, North Rhine-Westphalia	$1,460	645	$230	29.3%	Low
9	Freiburg im Breisgau, Baden-Württemberg	$1,430	462	$133	48.0%	Moderate
10	Cologne, North Rhine-Westphalia	$1,414	2,282	$177	40.3%	High
11	Bamberg, Bavaria	$1,381	276	$134	42.6%	Low
12	Münster, North Rhine-Westphalia	$1,375	313	$131	46.8%	High
13	Clausthal-Zellerfeld, Lower Saxony	$1,368	198	$164	34.6%	Low
14	Oberstdorf, Bavaria	$1,366	259	$204	36.4%	Low
15	Friedrichshafen, Baden-Württemberg	$1,352	492	$175	36.6%	Low
16	Nuremberg, Bavaria	$1,333	1,181	$149	39.2%	Low
17	Baden-Baden, Baden-Württemberg	$1,305	296	$161	37.3%	Low
18	Neuss, North Rhine-Westphalia	$1,296	256	$155	39.0%	Low
19	Heidelberg, Baden-Württemberg	$1,295	428	$153	43.0%	Moderate
20	Dusseldorf, North Rhine-Westphalia	$1,294	1,588	$168	36.8%	High
21	Potsdam, Brandenburg	$1,289	346	$164	38.8%	Low
22	Trier, Rhineland-Palatinate	$1,280	271	$121	47.5%	Low
23	Würzburg, Bavaria	$1,249	401	$129	42.2%	Low
24	Dresden, Saxony	$1,217	1,492	$125	42.3%	Low
25	Weimar, Thuringia	$1,204	231	$123	39.8%	Low
26	Überlingen, Baden-Württemberg	$1,184	267	$180	38.7%	Low
27	Thale, Saxony-Anhalt	$1,178	202	$180	32.4%	Low
28	Erfurt, Thuringia	$1,168	594	$129	40.4%	Low
29	Wernigerode, Saxony-Anhalt	$1,159	338	$148	33.6%	Low
30	Lübeck, Schleswig-Holstein	$1,141	942	$175	36.4%	Low
31	Quedlinburg, Saxony-Anhalt	$1,115	307	$130	35.6%	Low
32	Fehmarn, Schleswig-Holstein	$1,112	567	$165	32.7%	Low
33	Braunlage, Lower Saxony	$1,111	726	$171	28.7%	Low
34	Bayreuth, Bavaria	$1,103	211	$147	40.9%	Low
35	Aachen, North Rhine-Westphalia	$1,095	265	$116	43.4%	High
36	Regensburg, Bavaria	$1,077	302	$127	40.0%	Low
37	Augsburg, Bavaria	$1,063	437	$123	39.7%	Low
38	Goslar, Lower Saxony	$1,054	417	$138	32.0%	Low
39	Sylt, Schleswig-Holstein	$1,052	689	$228	27.3%	Low
40	Ulm, Baden-Württemberg	$1,035	197	$117	38.1%	Low
41	Oldenburg, Lower Saxony	$1,025	340	$111	40.7%	Low
42	Offenbach am Main, Hesse	$1,014	224	$153	33.3%	Low
43	Timmendorfer Strand, Schleswig-Holstein	$1,001	392	$190	28.9%	Low
44	Koblenz, Rhineland-Palatinate	$992	598	$120	37.5%	Low
45	Flensburg, Schleswig-Holstein	$991	280	$128	40.0%	Low
46	Brunswick, Lower Saxony	$977	245	$102	42.3%	Low
47	Schwerin, Mecklenburg-Vorpommern	$969	278	$130	36.1%	Low
48	Mainz, Rhineland-Palatinate	$948	262	$120	43.2%	Low
49	Bad Harzburg, Lower Saxony	$944	282	$117	37.0%	Low
50	Leipzig, Saxony	$944	1,889	$118	36.4%	Low
51	Binz, Mecklenburg-Vorpommern	$939	477	$206	27.3%	Low
52	Bonn, North Rhine-Westphalia	$925	416	$99	43.3%	High
53	Kiel, Schleswig-Holstein	$922	457	$103	43.8%	Low
54	Hanover, Lower Saxony	$919	1,391	$167	32.7%	Low
55	Wiesbaden, Hesse	$918	428	$114	40.8%	Low
56	Rostock, Mecklenburg-Vorpommern	$917	613	$153	34.4%	Low
57	Sellin, Mecklenburg-Vorpommern	$914	239	$166	30.1%	Low
58	Stuttgart, Baden-Württemberg	$896	939	$119	37.2%	Moderate
59	Karlsruhe, Baden-Württemberg	$882	562	$101	41.6%	Low
60	Dortmund, North Rhine-Westphalia	$880	458	$120	36.6%	High
61	Wangerland, Lower Saxony	$879	345	$150	30.2%	Low
62	Bremen, Bremen	$873	821	$108	39.5%	Low
63	Frankfurt, Hesse	$866	883	$139	33.1%	Low
64	Essen, North Rhine-Westphalia	$864	1,044	$129	34.9%	Low
65	Göttingen, Lower Saxony	$864	196	$92	41.7%	Low
66	Bremerhaven, Bremen	$856	327	$114	36.5%	Low
67	Scharbeutz, Schleswig-Holstein	$854	481	$179	26.6%	Low
68	Bochum, North Rhine-Westphalia	$854	384	$100	39.5%	Low
69	Butjadingen, Lower Saxony	$852	279	$161	27.2%	Low
70	Osnabrück, Lower Saxony	$842	224	$99	38.4%	Low
71	Oberhausen, North Rhine-Westphalia	$841	205	$130	33.0%	Low
72	Laatzen, Lower Saxony	$840	215	$220	27.9%	Low
73	Duisburg, North Rhine-Westphalia	$807	582	$182	34.0%	Low
74	Krefeld, North Rhine-Westphalia	$802	351	$145	33.8%	Low
75	Norderney, Lower Saxony	$781	293	$187	24.1%	Low
76	Wilhelmshaven, Lower Saxony	$777	275	$112	34.8%	Low
77	Bielefeld, North Rhine-Westphalia	$760	413	$113	33.9%	Low
78	Mönchengladbach, North Rhine-Westphalia	$756	298	$117	34.9%	Low
79	Gelsenkirchen, North Rhine-Westphalia	$754	240	$132	30.3%	Low
80	Kühlungsborn, Mecklenburg-Vorpommern	$744	217	$150	28.6%	Low
81	Kassel, Hesse	$744	622	$105	34.4%	Low
82	Wismar, Mecklenburg-Vorpommern	$724	224	$144	29.9%	Low
83	Paderborn, North Rhine-Westphalia	$721	204	$97	36.4%	Low
84	Mannheim, Baden-Württemberg	$720	360	$96	35.8%	Low
85	Wuppertal, North Rhine-Westphalia	$705	475	$111	34.5%	Low
86	Grömitz, Schleswig-Holstein	$703	320	$172	25.3%	Low
87	Kaiserslautern, Rhineland-Palatinate	$697	255	$106	37.9%	Low
88	Saarbrücken, Saarland	$690	350	$93	36.5%	Low
89	Zingst, Mecklenburg-Vorpommern	$675	368	$185	19.9%	Low
90	Kappeln, Schleswig-Holstein	$663	506	$258	20.6%	Low
91	Büsum, Schleswig-Holstein	$663	432	$166	22.0%	Low
92	Halle (Saale), Saxony-Anhalt	$645	330	$103	32.2%	Low
93	Norden, Lower Saxony	$643	424	$140	28.0%	Low
94	Wurster Nordseeküste, Lower Saxony	$639	306	$156	23.2%	Low
95	Magdeburg, Saxony-Anhalt	$639	426	$93	34.0%	Low
96	Chemnitz, Saxony	$609	462	$95	32.4%	Low
97	Wolfsburg, Lower Saxony	$594	212	$101	31.6%	Low
98	Heringsdorf, Mecklenburg-Vorpommern	$568	299	$179	23.3%	Low
99	Cuxhaven, Lower Saxony	$563	558	$134	24.7%	Low
100	Dornum, Lower Saxony	$517	289	$128	23.7%	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 $258/night, generating $663/month at 20.6% 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	$258	506	$663	20.6%	Low
2	Garmisch-Partenkirchen, Bavaria	$252	599	$2,257	41.7%	Low
3	Winterberg, North Rhine-Westphalia	$230	645	$1,460	29.3%	Low
4	Sylt, Schleswig-Holstein	$228	689	$1,052	27.3%	Low
5	Laatzen, Lower Saxony	$220	215	$840	27.9%	Low
6	Munich, Bavaria	$212	3,624	$1,521	37.3%	Low
7	Binz, Mecklenburg-Vorpommern	$206	477	$939	27.3%	Low
8	Oberstdorf, Bavaria	$204	259	$1,366	36.4%	Low
9	Sankt Peter-Ording, Schleswig-Holstein	$203	358	$1,672	36.1%	Low
10	Rust, Baden-Württemberg	$199	242	$2,464	48.1%	Low
11	Timmendorfer Strand, Schleswig-Holstein	$190	392	$1,001	28.9%	Low
12	Norderney, Lower Saxony	$187	293	$781	24.1%	Low
13	Zingst, Mecklenburg-Vorpommern	$185	368	$675	19.9%	Low
14	Duisburg, North Rhine-Westphalia	$182	582	$807	34.0%	Low
15	Thale, Saxony-Anhalt	$180	202	$1,178	32.4%	Low
16	Überlingen, Baden-Württemberg	$180	267	$1,184	38.7%	Low
17	Heringsdorf, Mecklenburg-Vorpommern	$179	299	$568	23.3%	Low
18	Scharbeutz, Schleswig-Holstein	$179	481	$854	26.6%	Low
19	Constance, Baden-Württemberg	$178	198	$1,523	45.4%	High
20	Berlin, Berlin	$178	6,993	$1,945	46.4%	High
21	Cologne, North Rhine-Westphalia	$177	2,282	$1,414	40.3%	High
22	Lübeck, Schleswig-Holstein	$175	942	$1,141	36.4%	Low
23	Friedrichshafen, Baden-Württemberg	$175	492	$1,352	36.6%	Low
24	Grömitz, Schleswig-Holstein	$172	320	$703	25.3%	Low
25	Braunlage, Lower Saxony	$171	726	$1,111	28.7%	Low
26	Dusseldorf, North Rhine-Westphalia	$168	1,588	$1,294	36.8%	High
27	Hanover, Lower Saxony	$167	1,391	$919	32.7%	Low
28	Hamburg, Hamburg	$166	2,730	$1,675	44.8%	High
29	Büsum, Schleswig-Holstein	$166	432	$663	22.0%	Low
30	Sellin, Mecklenburg-Vorpommern	$166	239	$914	30.1%	Low
31	Fehmarn, Schleswig-Holstein	$165	567	$1,112	32.7%	Low
32	Potsdam, Brandenburg	$164	346	$1,289	38.8%	Low
33	Clausthal-Zellerfeld, Lower Saxony	$164	198	$1,368	34.6%	Low
34	Baden-Baden, Baden-Württemberg	$161	296	$1,305	37.3%	Low
35	Butjadingen, Lower Saxony	$161	279	$852	27.2%	Low
36	Wurster Nordseeküste, Lower Saxony	$156	306	$639	23.2%	Low
37	Neuss, North Rhine-Westphalia	$155	256	$1,296	39.0%	Low
38	Rostock, Mecklenburg-Vorpommern	$153	613	$917	34.4%	Low
39	Offenbach am Main, Hesse	$153	224	$1,014	33.3%	Low
40	Heidelberg, Baden-Württemberg	$153	428	$1,295	43.0%	Moderate
41	Wangerland, Lower Saxony	$150	345	$879	30.2%	Low
42	Kühlungsborn, Mecklenburg-Vorpommern	$150	217	$744	28.6%	Low
43	Nuremberg, Bavaria	$149	1,181	$1,333	39.2%	Low
44	Wernigerode, Saxony-Anhalt	$148	338	$1,159	33.6%	Low
45	Bayreuth, Bavaria	$147	211	$1,103	40.9%	Low
46	Krefeld, North Rhine-Westphalia	$145	351	$802	33.8%	Low
47	Wismar, Mecklenburg-Vorpommern	$144	224	$724	29.9%	Low
48	Norden, Lower Saxony	$140	424	$643	28.0%	Low
49	Frankfurt, Hesse	$139	883	$866	33.1%	Low
50	Goslar, Lower Saxony	$138	417	$1,054	32.0%	Low
51	Bamberg, Bavaria	$134	276	$1,381	42.6%	Low
52	Cuxhaven, Lower Saxony	$134	558	$563	24.7%	Low
53	Freiburg im Breisgau, Baden-Württemberg	$133	462	$1,430	48.0%	Moderate
54	Gelsenkirchen, North Rhine-Westphalia	$132	240	$754	30.3%	Low
55	Münster, North Rhine-Westphalia	$131	313	$1,375	46.8%	High
56	Oberhausen, North Rhine-Westphalia	$130	205	$841	33.0%	Low
57	Schwerin, Mecklenburg-Vorpommern	$130	278	$969	36.1%	Low
58	Quedlinburg, Saxony-Anhalt	$130	307	$1,115	35.6%	Low
59	Würzburg, Bavaria	$129	401	$1,249	42.2%	Low
60	Erfurt, Thuringia	$129	594	$1,168	40.4%	Low
61	Essen, North Rhine-Westphalia	$129	1,044	$864	34.9%	Low
62	Dornum, Lower Saxony	$128	289	$517	23.7%	Low
63	Flensburg, Schleswig-Holstein	$128	280	$991	40.0%	Low
64	Regensburg, Bavaria	$127	302	$1,077	40.0%	Low
65	Dresden, Saxony	$125	1,492	$1,217	42.3%	Low
66	Weimar, Thuringia	$123	231	$1,204	39.8%	Low
67	Augsburg, Bavaria	$123	437	$1,063	39.7%	Low
68	Trier, Rhineland-Palatinate	$121	271	$1,280	47.5%	Low
69	Dortmund, North Rhine-Westphalia	$120	458	$880	36.6%	High
70	Mainz, Rhineland-Palatinate	$120	262	$948	43.2%	Low
71	Koblenz, Rhineland-Palatinate	$120	598	$992	37.5%	Low
72	Stuttgart, Baden-Württemberg	$119	939	$896	37.2%	Moderate
73	Leipzig, Saxony	$118	1,889	$944	36.4%	Low
74	Mönchengladbach, North Rhine-Westphalia	$117	298	$756	34.9%	Low
75	Ulm, Baden-Württemberg	$117	197	$1,035	38.1%	Low
76	Bad Harzburg, Lower Saxony	$117	282	$944	37.0%	Low
77	Aachen, North Rhine-Westphalia	$116	265	$1,095	43.4%	High
78	Wiesbaden, Hesse	$114	428	$918	40.8%	Low
79	Bremerhaven, Bremen	$114	327	$856	36.5%	Low
80	Bielefeld, North Rhine-Westphalia	$113	413	$760	33.9%	Low
81	Wilhelmshaven, Lower Saxony	$112	275	$777	34.8%	Low
82	Oldenburg, Lower Saxony	$111	340	$1,025	40.7%	Low
83	Wuppertal, North Rhine-Westphalia	$111	475	$705	34.5%	Low
84	Bremen, Bremen	$108	821	$873	39.5%	Low
85	Kaiserslautern, Rhineland-Palatinate	$106	255	$697	37.9%	Low
86	Kassel, Hesse	$105	622	$744	34.4%	Low
87	Kiel, Schleswig-Holstein	$103	457	$922	43.8%	Low
88	Halle (Saale), Saxony-Anhalt	$103	330	$645	32.2%	Low
89	Brunswick, Lower Saxony	$102	245	$977	42.3%	Low
90	Karlsruhe, Baden-Württemberg	$101	562	$882	41.6%	Low
91	Wolfsburg, Lower Saxony	$101	212	$594	31.6%	Low
92	Bochum, North Rhine-Westphalia	$100	384	$854	39.5%	Low
93	Bonn, North Rhine-Westphalia	$99	416	$925	43.3%	High
94	Osnabrück, Lower Saxony	$99	224	$842	38.4%	Low
95	Paderborn, North Rhine-Westphalia	$97	204	$721	36.4%	Low
96	Mannheim, Baden-Württemberg	$96	360	$720	35.8%	Low
97	Chemnitz, Saxony	$95	462	$609	32.4%	Low
98	Magdeburg, Saxony-Anhalt	$93	426	$639	34.0%	Low
99	Saarbrücken, Saarland	$93	350	$690	36.5%	Low
100	Göttingen, Lower Saxony	$92	196	$864	41.7%	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 48.0% occupancy, $1,430/month revenue, and 462 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	48.0%	462	$1,430	$133	Moderate
2	Münster, North Rhine-Westphalia	46.8%	313	$1,375	$131	High
3	Berlin, Berlin	46.4%	6,993	$1,945	$178	High
4	Hamburg, Hamburg	44.8%	2,730	$1,675	$166	High
5	Kiel, Schleswig-Holstein	43.8%	457	$922	$103	Low
6	Bonn, North Rhine-Westphalia	43.3%	416	$925	$99	High
7	Heidelberg, Baden-Württemberg	43.0%	428	$1,295	$153	Moderate
8	Dresden, Saxony	42.3%	1,492	$1,217	$125	Low
9	Würzburg, Bavaria	42.2%	401	$1,249	$129	Low
10	Garmisch-Partenkirchen, Bavaria	41.7%	599	$2,257	$252	Low
11	Karlsruhe, Baden-Württemberg	41.6%	562	$882	$101	Low
12	Wiesbaden, Hesse	40.8%	428	$918	$114	Low
13	Oldenburg, Lower Saxony	40.7%	340	$1,025	$111	Low
14	Erfurt, Thuringia	40.4%	594	$1,168	$129	Low
15	Cologne, North Rhine-Westphalia	40.3%	2,282	$1,414	$177	High
16	Regensburg, Bavaria	40.0%	302	$1,077	$127	Low
17	Augsburg, Bavaria	39.7%	437	$1,063	$123	Low
18	Bremen, Bremen	39.5%	821	$873	$108	Low
19	Bochum, North Rhine-Westphalia	39.5%	384	$854	$100	Low
20	Nuremberg, Bavaria	39.2%	1,181	$1,333	$149	Low
21	Potsdam, Brandenburg	38.8%	346	$1,289	$164	Low
22	Koblenz, Rhineland-Palatinate	37.5%	598	$992	$120	Low
23	Munich, Bavaria	37.3%	3,624	$1,521	$212	Low
24	Stuttgart, Baden-Württemberg	37.2%	939	$896	$119	Moderate
25	Dusseldorf, North Rhine-Westphalia	36.8%	1,588	$1,294	$168	High
26	Dortmund, North Rhine-Westphalia	36.6%	458	$880	$120	High
27	Friedrichshafen, Baden-Württemberg	36.6%	492	$1,352	$175	Low
28	Saarbrücken, Saarland	36.5%	350	$690	$93	Low
29	Bremerhaven, Bremen	36.5%	327	$856	$114	Low
30	Lübeck, Schleswig-Holstein	36.4%	942	$1,141	$175	Low
31	Leipzig, Saxony	36.4%	1,889	$944	$118	Low
32	Sankt Peter-Ording, Schleswig-Holstein	36.1%	358	$1,672	$203	Low
33	Mannheim, Baden-Württemberg	35.8%	360	$720	$96	Low
34	Quedlinburg, Saxony-Anhalt	35.6%	307	$1,115	$130	Low
35	Essen, North Rhine-Westphalia	34.9%	1,044	$864	$129	Low
36	Wuppertal, North Rhine-Westphalia	34.5%	475	$705	$111	Low
37	Rostock, Mecklenburg-Vorpommern	34.4%	613	$917	$153	Low
38	Kassel, Hesse	34.4%	622	$744	$105	Low
39	Duisburg, North Rhine-Westphalia	34.0%	582	$807	$182	Low
40	Magdeburg, Saxony-Anhalt	34.0%	426	$639	$93	Low
41	Bielefeld, North Rhine-Westphalia	33.9%	413	$760	$113	Low
42	Krefeld, North Rhine-Westphalia	33.8%	351	$802	$145	Low
43	Wernigerode, Saxony-Anhalt	33.6%	338	$1,159	$148	Low
44	Frankfurt, Hesse	33.1%	883	$866	$139	Low
45	Fehmarn, Schleswig-Holstein	32.7%	567	$1,112	$165	Low
46	Hanover, Lower Saxony	32.7%	1,391	$919	$167	Low
47	Chemnitz, Saxony	32.4%	462	$609	$95	Low
48	Halle (Saale), Saxony-Anhalt	32.2%	330	$645	$103	Low
49	Goslar, Lower Saxony	32.0%	417	$1,054	$138	Low
50	Wangerland, Lower Saxony	30.2%	345	$879	$150	Low
51	Winterberg, North Rhine-Westphalia	29.3%	645	$1,460	$230	Low
52	Timmendorfer Strand, Schleswig-Holstein	28.9%	392	$1,001	$190	Low
53	Braunlage, Lower Saxony	28.7%	726	$1,111	$171	Low
54	Norden, Lower Saxony	28.0%	424	$643	$140	Low
55	Sylt, Schleswig-Holstein	27.3%	689	$1,052	$228	Low
56	Binz, Mecklenburg-Vorpommern	27.3%	477	$939	$206	Low
57	Scharbeutz, Schleswig-Holstein	26.6%	481	$854	$179	Low
58	Grömitz, Schleswig-Holstein	25.3%	320	$703	$172	Low
59	Cuxhaven, Lower Saxony	24.7%	558	$563	$134	Low
60	Wurster Nordseeküste, Lower Saxony	23.2%	306	$639	$156	Low
61	Büsum, Schleswig-Holstein	22.0%	432	$663	$166	Low
62	Kappeln, Schleswig-Holstein	20.6%	506	$663	$258	Low
63	Zingst, Mecklenburg-Vorpommern	19.9%	368	$675	$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 6,993 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 $2,464. 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?

Rust, Baden-Württemberg has the highest occupancy rate in this comparison at 48.1%. 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 $258 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 35.5% occupancy, and the top performer posts $2,464 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 35.5%. 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 358 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 2026-07-06. Revenue figures are market averages, not projections. For full methodology, see the data methodology page.

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