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Neumarkt presents new rent index: Transparency for tenants and landlords
The city of Neumarkt has published the qualified rent index for 2024. It offers transparent rental price information and is available online.
Neumarkt presents new rent index: Transparency for tenants and landlords
The city of Neumarkt recently published an updated version of the qualified rent index. This new version is now available online and provides a user-friendly platform where interested parties can enter their details to receive specific apartment rental price information. The rent index is an important document that helps both tenants and landlords to better understand and classify rental prices.
The online version of the rent index can be found at this link be called. In addition, a text version is available for download as a PDF, which can also be printed out. If you would prefer to hold a printed copy in your hand, you can pick it up at the information desk in Town Hall I or at the property office in Town Hall III.
Importance of the rent index
The qualified rent index plays a crucial role in the tenancy relationship between landlords and tenants. It offers a reliable basis for comparing and evaluating rental prices. The city of Neumarkt began compiling a rent index many years ago in order to increase transparency in the housing market. The current data comes from a representative tenant survey carried out by the EMA Institute, and numerous players in the housing market contributed to it.
The 2024 edition of the rent index is valid immediately and is intended to function as a price barometer. This means that both tenants and landlords receive information to help them better classify the rental prices of their apartments. The rent index reflects the local comparative rent, which is also known as the “net rent”. This is determined depending on various factors such as building age, size, furnishings and living environment.
A well-prepared rent index is important not only for the real estate industry, but also for public administrations such as tax offices, social authorities and housing benefit offices. It serves as a reliable source of information and can help avoid excessive rent increases. With this new rent index, the city of Neumarkt is taking an important step towards more transparency and fairness in the housing market.