rent index
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rent index
An officially recognized overview of the typical local comparative rent for apartments in a specific city or municipality. It serves as a guideline for rent increases and for setting rents when a property is newly rented out.
Der Vermieter muss sich bei der Mieterhöhung am lokalen Mietspiegel orientieren.
The landlord must use the local rent index as a guide when increasing the rent.
The word is made up of 'die Miete' (rent) and 'der Spiegel' (mirror). Here, 'Spiegel' is used metaphorically for 'overview' or 'reflection'—so the Mietspiegel (rent index) 'reflects' the usual rental prices.
Ein Blick in den Mietspiegel zeigt, ob die geforderte Miete angemessen ist.
A look at the rent index shows whether the rent being asked for is appropriate.
Common verbs used in connection with the Mietspiegel (rent index) are 'sich orientieren an' (to use as a guide; dative), 'nachsehen in' (to look up in; dative), or '(heraus)geben' (to publish/issue).
Die Stadt gibt alle zwei Jahre einen neuen Mietspiegel heraus.
The city publishes a new rent index every two years.
The Mietspiegel (rent index) is a central instrument in German tenancy law. It provides tenants and landlords with an official basis for determining and checking rent levels.
Für die geplante Mieterhöhung braucht der Vermieter den aktuellen Mietspiegel als Begründung.
For the planned rent increase, the landlord needs the current rent index as justification.