Neuenrade housing market: Large apartments are in short supply
Current reporting on the tense rental market for large apartments in Neuenrade. Read more about the challenges and causes of this situation.

Neuenrade housing market: Large apartments are in short supply
The residential real estate market in Neuenrade, especially when it comes to larger apartments, is in an extremely tense situation. The scarce availability of rental properties in this region poses major challenges for those looking for accommodation. According to Ingo Wöste, managing director of the Werdohl housing company, there are currently no available apartments in Neuenrade. This is mainly explained by the residential structure of the city, which predominantly consists of single-family houses inhabited by the owners themselves.
The prices for rental apartments in Neuenrade vary considerably depending on the size. In the few available offers, the cost for apartments over 100 square meters is around 1,300 euros warm, while apartments with 80 to 90 square meters cost between 600 and 730 euros warm. This price range reflects the general shortage of rental properties and the tight situation on the housing market.
The situation is becoming increasingly difficult, particularly for those looking for accommodation who need larger apartments. The buildings in Germany from the 1950s and 60s, which were primarily aimed at smaller families, make access to larger rental apartments more difficult. This means that the average rental price is 5 euros cold, with higher energy efficiency having a positive impact on additional costs.
While the rental market in Neuenrade is characterized by little movement and a limited availability of apartments, the situation differs greatly from the cluster cities with universities such as Düsseldorf, Münster or Aachen. There is also an acute shortage of housing in these cities, which leads to very high prices per square meter and restricts movement in the market. The lack of construction activity and the financial difficulties of young people purchasing property also contribute to the tense situation on the rental market.
Overall, it is clear that the rental market in Neuenrade, especially with regard to larger apartments, represents a major challenge for those looking for an apartment. The scarce availability of rental properties, combined with the structural conditions of the residential real estate market, leaves little room for potential tenants. The ongoing shortage of living space and the challenges for companies in attracting skilled workers to the region underline the urgency of finding long-term solutions for the narrow housing market in Neuenrade.