Neukölln as an investment location for real estate
Urban mix, high demand and strong neighborhood profiles
Neukölln combines creative scene culture with urban density, strong public transport connections and nearby green spaces such as Tempelhofer Feld, resulting in a broad, dynamic tenant base and very good re-letting potential. The structural change in neighbourhoods such as Schillerkiez and Reuterkiez has significantly increased the attractiveness of the location with the opening of Tempelhofer Feld from 2010, which is sustainably supporting demand, quality of stay and willingness to pay. As part of the inner-city eastern corridor with proximity to Kreuzberg and Mediaspree, micro-locations around Sonnenallee, Maybachufer and Hermannplatz benefit from high footfall, gastronomy, culture and short distances to workplaces and leisure facilities.
Market data, rents and price levels
Depending on the location, asking rents in Neukölln will range between around €9.71/m² and €22.72/m² in 2025, with an average of around €15.64/m², whereby good locations and newer buildings are in above-average demand. Platform data for 2025 shows an increase in the average asking rent in the district to around €12.28/m² in Q3, which confirms the city-wide trend of rising rents (Berlin as a whole Ø€13.03/m² in Q3/2025), although methodologies vary from portal to portal. On the purchase side, current average asking prices in Neukölln are around €4.790/m² according to market reports, with location, condition and property type having a significant influence on the range.
Micro-locations and future impulses
Schillerkiez: Directly on Tempelhofer Feld with a strong upward trend since the closure of the airport and the opening of the field, supported by neighborhood-specific programs and ISEK processes for lively centers and climate-effective urban spaces.
Reuterkiez (Kreuzkölln): High urbanity between Maybachufer and Sonnenallee, traffic calming through neighborhood block measures strengthens quality of stay and local supply.
Hermannplatz/Hermannstraße: High-frequency axes with a diverse mix of uses and excellent accessibility, increasing visibility and lettability for residential and ground-floor uses.
Development discussions around Tempelhof are currently focusing on open space and climate-related qualities with restrained peripheral development, which will stabilize the surrounding area as a leisure and recreational anchor in the long term.
Standard land values for Neukölln
The standard land values for Neukölln can be found in the standard land values for Berlin here.