Lower Saxony’s Housing Crisis Deepens as Prices and Rents Skyrocket

From Hanover’s €390K homes to Harburg’s €11/m² rents, Lower Saxony’s housing market is under pressure. Can buyers and renters keep up with soaring costs?

, and Administrator

2025 December 5 . 7:01 PM

1 min read

There are buildings in white and brown color. Beside that, we see street lights and an iron... — There are buildings in white and brown color. Beside that, we see street lights and an iron railing. There are trees in the background. At the top of the picture, we see the shed and the sky. This picture is clicked outside the city.

Lower Saxony is building: How the housing market is changing - Lower Saxony’s Housing Crisis Deepens as Prices and Rents Skyrocket

Lower Saxony is building: How the housing market is changing

2025-12-05T12:23:23+00:00

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Housing costs in Lower Saxony have risen sharply over the past decade, with rents and real estate prices climbing across the region. A new report highlights significant differences between urban and rural areas, as well as a shrinking supply of affordable social housing.

The median price for used single- and two-family homes in Lower Saxony reached €255,000 last year. In Hanover, buyers paid around €390,000 on average, reflecting the higher demand in major cities. Meanwhile, the most expensive rents were recorded in Harburg and Lüneburg districts, Oldenburg, the Hanover region, Osnabrück, and Stade, where advertised rents exceeded €11 per square meter.

The report underscores growing pressure on Lower Saxony’s housing market, with rising rents and real estate prices outpacing income growth in many areas. The loss of social housing and continued demand—even amid a shrinking population—suggest further challenges ahead for affordability and availability.