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Property prices in Graz: what a square metre costs by district

Flats in Graz rent for about € 13.00 per square metre per month on average (gross) and are offered for sale at a median of about € 4,829 per square metre. Here are the rents for all 17 districts and the purchase prices for the 8 districts with solid data, honestly put in context and linked to the location data that explains them.

Market values per district (IMMOXX-Markterhebung (Kauf) / immomarktanalyse.at (Miete), as of June 2026). Rent gross (including service charges), purchase as asking/market price for condominiums. Asking is not closing, and a district value averages over very different locations. Orientation, not a valuation of a specific flat.

View over the rooftops of the old town of Graz
Wikimedia Commons · CC BY-SA 3.0

Rents: all 17 districts

DistrictRent, €/m² grossvs. Graz average
I. Innere Stadt€ 12.70-2 %
II. St. Leonhard€ 12.50-4 %
III. Geidorf€ 13.000 %
IV. Lend€ 13.50+4 %
V. Gries€ 12.50-4 %
VI. Jakomini€ 12.90-1 %
VII. Liebenau€ 13.80+6 %
VIII. St. Peter€ 13.90+7 %
IX. Waltendorf€ 12.70-2 %
X. Ries€ 13.20+2 %
XI. Mariatrost€ 13.30+2 %
XII. Andritz€ 13.10+1 %
XIII. Gösting€ 13.000 %
XIV. Eggenberg€ 13.20+2 %
XV. Wetzelsdorf€ 12.90-1 %
XVI. Straßgang€ 13.90+7 %
XVII. Puntigam€ 15.10+16 %

Graz average: € 13.00/m² per month

The rent range in Graz is narrow, but the order is surprising: rents are lowest in St. Leonhard (€ 12.50) and Gries (€ 12.50) and highest in Puntigam (€ 15.10) and Straßgang (€ 13.90). So the centre is not the expensive rental location. The reason is the building stock: the inner districts hold a lot of regulated pre-war housing, the periphery new builds with free rents, and new builds cost more per square metre wherever they stand.

For pre-war flats under the Austrian tenancy act, the Styrian reference value ("Richtwert") is also the starting point of the permissible rent, with surcharges and deductions. What is on the listing and what is legally permissible are therefore two different numbers.

Purchase prices: the 8 districts with data

DistrictBuy, €/m²vs. Graz median
XVII. Puntigam€ 3,898-19 %
VII. Liebenau€ 4,278-11 %
IV. Lend€ 4,788-1 %
V. Gries€ 4,788-1 %
I. Innere Stadt€ 5,312+10 %
XII. Andritz€ 5,557+15 %
VIII. St. Peter€ 5,612+16 %
IX. Waltendorf€ 5,684+18 %

Graz median: € 4,829/m²

For the other 9 districts the source publishes no solid purchase value, so we show none. Better a gap than a guessed number. Lend and Gries are surveyed together and therefore carry the same value.

Buying is cheapest in Puntigam (€ 3,898) and most expensive in Waltendorf (€ 5,684). And here the picture flips compared with rents: Puntigam is at the same time the district with the highest rent per square metre. Anyone lumping purchase and rent together in Graz produces nonsense.

The district value averages over very different locations when buying, too. The same flat costs less on the main road than three lanes further in a quiet quarter. That is exactly what the Neighbourhood Atlas is for, it shows every location individually.

What actually drives the price

Behind every district price are location factors you can measure. wohnwahn shows exactly those for every address in Graz:

Quiet
Traffic noise costs quality of life and lowers the price. The official noise map shows it street by street, in Graz too.
Green
Parks, forest and green spaces within walking distance: the districts in the east and north lead.
Coolness
Sealed ground heats up. Heat load per residential location, modelled from the official imperviousness data.
Water
Mur, Hilmteich, riverside woodland: waterside locations are rare and get priced in.

Every district in the Graz Neighbourhood Atlas shows its location data together with the price orientation.To the Graz Neighbourhood Atlas →

Common questions about Graz property prices

What does a flat in Graz cost per m²?

For sale, condominiums in the districts with data are offered between about € 3,898 (Puntigam) and € 5,684 (Waltendorf) per square metre, the median is around € 4,829/m². Gross rents range from € 12.50 to € 15.10 per square metre per month (IMMOXX-Markterhebung (Kauf) / immomarktanalyse.at (Miete), as of June 2026).

Which district in Graz is the most affordable?

That depends on whether you rent or buy. For renting, St. Leonhard and Gries are the most affordable (around € 12.50/m² gross each), for buying it is Puntigam at around € 3,898/m². Within each district the range is wide, the exact location matters.

Which district is the most expensive?

For renting Puntigam (around € 15.10/m² gross), for buying Waltendorf (around € 5,684/m²). That the priciest rental district is also the cheapest to buy in comes down to the new-build stock: newly built means high rent per square metre, but peripheral purchase prices.

Why is the Innere Stadt not the priciest rental location?

Because the centre holds a lot of pre-war housing that falls fully or partly under the tenancy act and thus under the Styrian reference value. New builds on the periphery are rented freely. This does not apply to buying, where the Innere Stadt sits above the Graz median.

Are these actual purchase prices?

They are market values from published surveys (IMMOXX-Markterhebung (Kauf) / immomarktanalyse.at (Miete), as of June 2026), not a land-register analysis. Actual closings can be lower. They work well for orientation per district, not for valuing a specific flat.

Why are purchase prices missing for some districts?

Because the source publishes no solid value for 9 districts (too few transactions or no separate survey). We deliberately leave those empty. As soon as there is a solid number, it will be added.

Read on

Price data as of June 2026 · Source: IMMOXX-Markterhebung (Kauf) / immomarktanalyse.at (Miete) · Orientation, not a valuation