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Str. 207 33659 Bielefeld Nordrhein Westfalen

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Apartments and houses for rent in Str. 207 33659 Bielefeld Nordrhein Westfalen

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Str. 207 33659 Bielefeld Nordrhein Westfalen insights

AspectSummary
Gross YieldApprox. 5-7% based on current market conditions.
Rental DemandHigh demand due to proximity to universities and employers.
Average Rent PriceAround €10-12 per square meter.
Vacancy RatesGenerally low, around 3-5%.
Tenant Turnover RateModerate, approximately 30% per year.
Operating ExpensesTypically 20-30% of rental income.
Regulation and Rent ControlSubject to local rent control laws.
Furnishing/Unfurnishing RateMixed; unfurnished properties are more common.
Short-Term vs. Long-Term Rental MixPredominantly long-term rentals with some short-term options.
Local Economic IndicatorsStable economy, low unemployment, diverse job market.
Rental Price TrendsSteady increase over the past few years.
Lease TermsTypically 1 year; flexible options available.
Deposit RequirementsUsually 2-3 months' rent.
Utilities and Other CostsTenant usually covers water, electricity, and internet.
Safety and SecurityGenerally safe; low crime rates in the area.

Str. 207 33659 Bielefeld Nordrhein Westfalen FAQ

  • What is the average rent for a one-bedroom apartment in Bielefeld?

    The average rent for a one-bedroom apartment in Bielefeld typically ranges from €500 to €700 per month, depending on the neighborhood and the condition of the property. For example, in the city center, rents are generally on the higher side, with some newer apartments reaching €800. Areas like Schildesche and Heepen might offer slightly lower rents, around €500 to €600, due to their suburban feel and slightly longer commute times. Additionally, older buildings or those in less sought-after neighborhoods can fall below this range, sometimes costing around €450. The demand for rental properties in Bielefeld can fluctuate, influenced by factors such as local employment rates and student populations, particularly around universities.

  • How much should I expect to pay for a two-bedroom rental in this area?

    In Bielefeld, Nordrhein-Westfalen, the rental prices for a two-bedroom apartment can vary significantly depending on the neighborhood and specific amenities. On average, you might expect to pay between €800 and €1,200 per month. For instance, areas closer to the city center or in neighborhoods like Mitte tend to command higher rents, often starting around €1,000 for a basic two-bedroom. In contrast, outlying districts such as Sennestadt or Schildesche might offer more affordable options, with prices closer to €800. Additional factors like the condition of the apartment, whether it includes utilities, and proximity to public transport can also influence the final rental cost. Some listings may even come with balconies or garden access, which could further affect pricing.

  • Are utility costs included in the rent price for properties here?

    In Bielefeld, Nordrhein-Westfalen, whether utility costs are included in the rent price can vary from property to property. Many landlords will offer what is termed "warm rent" (Warmmiete), which encompasses both rent and additional costs like heating, water, and sometimes even electricity. For instance, a one-bedroom apartment might have a warm rent of €750, which includes utilities, while the cold rent (Kaltmiete) could be €600, with utilities adding another €150. However, it's not uncommon to find apartments advertised with cold rent only, making tenants responsible for arranging and paying for their utilities separately. In many cases, tenants will have to pay for electricity and possibly internet, while services like garbage collection and water might be included in the additional costs. Always checking the specifics listed in the rental agreement is crucial for understanding what is covered.

  • What factors influence the rental prices in Bielefeld?

    Rental prices in Bielefeld are influenced by a variety of factors, including location, property type, and local economic conditions. Areas near the city center, such as the districts of Mitte and Schildesche, tend to have higher rental prices due to their proximity to amenities, public transportation, and employment opportunities. In contrast, more suburban areas like Sennestadt or Senne may offer lower rents, attracting families seeking larger living spaces. The age and condition of the property also play a significant role; modern, well-maintained apartments with amenities such as balconies or parking facilities can command higher prices. Additionally, the demand-supply dynamic is crucial; for example, an influx of students to institutions like Bielefeld University can increase competition for rental properties, pushing prices up. Seasonal variations, such as the influx of new residents at the start of the academic year, can also temporarily affect rental rates.

  • Is there a typical price range for studio apartments in this neighborhood?

    In the Bielefeld neighborhood of Str. 207, 33659, Nordrhein-Westfalen, studio apartments generally fall within the price range of €400 to €600 per month. The cost often depends on various factors, including the apartment's size, condition, and proximity to local amenities such as public transport and grocery stores. For example, a recently renovated studio with modern appliances might command a higher rent, possibly around €550, while older units in less desirable locations may be available for closer to €400. Additional costs, such as utilities and internet, can vary, so potential renters should consider these when evaluating their overall budget.

  • How does the rental market in Bielefeld compare to nearby cities?

    The rental market in Bielefeld shows a mix of affordability and competitiveness when compared to nearby cities like Münster and Paderborn. Bielefeld generally offers lower rental prices, averaging around €8 to €10 per square meter for apartments, which is more budget-friendly than Münster, where prices can reach €11 to €13 per square meter due to its university presence and larger metropolitan appeal. Paderborn also tends to be slightly higher in price, especially in sought-after neighborhoods like the city center. Additionally, Bielefeld's rental market benefits from a variety of housing types, including older apartment buildings and modern developments, catering to diverse tenant needs. The availability of rental properties varies, with Bielefeld often experiencing shorter vacancy periods compared to Münster, where demand can outstrip supply due to its student population.

  • Are there yearly increases in rent prices in this region?

    In Nordrhein-Westfalen, particularly in cities like Bielefeld, there has been a notable trend of yearly increases in rent prices. For instance, data from 2022 indicated that average rents in Bielefeld had risen by approximately 3-5% compared to the previous year. This trend mirrors the state-wide pattern observed across many urban areas in Nordrhein-Westfalen, where demand often outstrips supply. Specific neighborhoods, such as Mitte, have experienced even higher increases due to their proximity to amenities and public transport. Additionally, the influx of students and young professionals seeking housing has put further pressure on the rental market, leading to escalating prices in both shared accommodations and single-unit rentals. As new developments arise, the rental prices are expected to adjust accordingly, reflecting the ongoing trend of urbanization and population growth in the region.